386 Gravelly Lane, Birmingham, B23 5SB is a leasehold flat built between 1967-1975. The property offers approximately 538 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £132,720 , which equates to approximately £247 per square foot. It was last sold on 26 Mar 2004 for £79,000. Since then, the value has increased by £53,720, representing a 68.0% increase, or approximately 3.1% per year.

The current estimated value of £132,720 is:

  • 33.4% lower than the average property price on Gravelly Lane
  • 42.4% lower than the average in the B23 5SB postcode area
  • and 54.5% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 30 August 2018, the property was recorded as owner-occupied.

View sold house prices in B23 5SB

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£132,720
Price Per sq ft (estimate)
£247
Bedroom Count (estimate)
1 bedroom

EPC Summary

386 Gravelly Lane, Birmingham, West Midlands, B23 5SB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Aug 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 May 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 21.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to timber frame, as built, partial insulation (assumed), improving energy efficiency from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Timber frame, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to B23 5SB

37 th / 42
Price Rank
42% lower than average
26 th / 32
Size Rank
36% smaller than average
23 rd / 32
Price Per Sq FT Rank
9% lower than average

Compared to other properties in B23 5SB , this flat's estimated value ranks 37th out of 42. Based on price per square foot, it ranks 23th out of 32 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 26th out of 32 properties in its postcode area.

Sale History

Today
£132,720
streetscan.co.uk estimate
+68 %
26 Mar 2004
£79,000
Leasehold

Area Insights

Similar Properties Sold Nearby

406 Gravelly Lane, Birmingham, B23 5SB
rooms: 2
size: 495 sq ft
sale price: £97,500
sale date: 28 Jan 2022
382 Gravelly Lane, Birmingham, B23 5SB
rooms: 2
size: 484 sq ft
sale price: £85,000
sale date: 21 Dec 2017
374 Gravelly Lane, Birmingham, B23 5SB
rooms: 2
size: 474 sq ft
sale price: £77,500
sale date: 17 Jul 2015
301 Gravelly Lane, Birmingham, B23 5SR
rooms: 3
size: 592 sq ft
sale price: £127,000
sale date: 28 Jun 2024
Apartment 2, 106 Gravelly Lane, Birmingham, B23 6LS
rooms: 3
size: 603 sq ft
sale price: £120,000
sale date: 1 Sep 2022

Data Sources

The property at 386 Gravelly Lane, Birmingham, West Midlands, B23 5SB appears once in the Land Registry records, with the transaction recorded on 26 Mar 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
↑