Flat 3, 403
Flat 3, 403
Description & Estimates
Public records show Flat 3, 403, Gravelly Lane, Birmingham to be a period leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 3, 403, Gravelly Lane, Birmingham has an estimated sale value of £69,038 and an estimated rental value of £556 per month, assuming reasonable condition and based on the information available.
The apartment sits within 403, Gravelly Lane, Birmingham, B23.
Gravelly Lane, Birmingham, B23 lies in the borough of Birmingham, within the B23 postal district.
Our Data Sources
Flat 3, 403, Gravelly Lane, Birmingham has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated October 2024.
We combine this information with that 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 3, 403, Gravelly Lane, Birmingham would be worth £72,490, with a potential rental value of £584 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £64,206, with a rental value of £517 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 3, 403, Gravelly Lane, Birmingham has grown by £650 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £12 (2.2%). The property's estimated gross yield is currently 9.7%.
Energy Efficiency
Flat 3, 403, Gravelly Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 3, 403, Gravelly Lane, Birmingham last changed hands on 5th January 2015, selling for £39,400. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 120.0% since January 2015.
- Sold Jan 2015£39,400
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 480 metres of Flat 3, 403, Gravelly Lane, Birmingham across the last 2 years.
Most recently, Flat 2, 403, Gravelly Lane, Birmingham, B23 5TA, a leasehold flat, sold at £51,600 on the 5th January 2015.
Read more about house prices in B23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 3, 403, Gravelly Lane, Birmingham as the 279th largest and the 344th most expensive of the 350 addresses on Gravelly Lane, Birmingham, B23.
Against the B23 postcode district average, it is £138k less expensive than the typical property.
More reading links
Schools Nearby
- 500mWylde Green Primary School
- 700mAbbey Catholic Primary School
- 1.0kmOsborne Primary School
- 700mSt Edmund Campion Catholic School
- 2.1kmSutton Coldfield Grammar School for Girls
- 2.1kmBishop Walsh Catholic School
More reading links
Public Transport Nearby
Chester Road station is the nearest stop to Flat 3, 403, Gravelly Lane, Birmingham at 300 metres away.
- 300mChester Road
- 800mErdington
- 1.2kmWylde Green
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
