Flat 2, 172
Flat 2, 172
Description & Estimates
The public record describes Flat 2, 172, Gravelly Lane, Birmingham as a period apartment with 344 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, 172, Gravelly Lane, Birmingham has an estimated sale value of £79,167 and an estimated rental value of £628 per month, assuming reasonable condition and based on the information available.
The apartment sits within 172, Gravelly Lane, Birmingham, B23.
Gravelly Lane, Birmingham, B23 lies in the borough of Birmingham, within the B23 postal district.
Our Data Sources
Flat 2, 172, Gravelly Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 172, Gravelly Lane, Birmingham would be worth £83,126, with a potential rental value of £660 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £73,626, with a rental value of £584 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 172, Gravelly Lane, Birmingham has risen by £600 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £12 (1.8%). The property's estimated gross yield is currently 9.5%.
Energy Efficiency
Flat 2, 172, Gravelly Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 420 metres of Flat 2, 172, Gravelly Lane, Birmingham across the last 2 years.
Most recently, Flat 14, Norfolk House, Westland Close, Birmingham, B23 6LN, a leasehold flat, sold at £115,000 on the 4th July 2019.
Read more about house prices in B23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 172, Gravelly Lane, Birmingham as the 345th largest and the 341st most expensive of the 350 addresses on Gravelly Lane, Birmingham, B23.
Against the B23 postcode district average, it is £127k less expensive than the typical property.
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Schools Nearby
- 500mAbbey Catholic Primary School
- 600mOsborne Primary School
- 800mCourt Farm Primary School
- 700mSt Edmund Campion Catholic School
- 1.7kmStockland Green School
- 1.9kmErdington Academy
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Public Transport Nearby
Erdington station is the nearest stop to Flat 2, 172, Gravelly Lane, Birmingham at 400 metres away.
- 400mErdington
- 700mChester Road
- 1.7kmWylde Green
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
