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Explore the steady changes in property transactions for Groveley Lane in the B31 district in Birmingham.
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House Prices > Birmingham > B31 > Groveley Lane
Understanding Recent Transactions in Groveley Lane
Property Costs: Groveley Lane vs Surrounding Areas
B31 2
Compared to Groveley Lane, B31 2 serves up more savings and less stress - about 4% less. (£244,100 vs £253,600) If you’re looking for a like-for-like home, buying on Groveley Lane rather than another street in the same sector could mean an extra £9,500 in costs.
i.e. B31
Homebuyers pay about 18% less when purchasing in the B31 district versus Groveley Lane. (£207,600 vs £253,600). Therefore, choosing a property on Groveley Lane could imply adding roughly £46,000 more to your investment.
i.e. Birmingham
The average property price in Birmingham is 9% above that in Groveley Lane. (£277,000 vs £253,600). In practical terms, this means that buying on Groveley Lane instead of Birmingham could save you roughly £22,900.
B31 at a Glance
B31 is a district on the rise, with an eye on the future. Its development plans promise new housing, improved transport links, and upgraded community facilities. With such enhancements, residents can look forward to a brighter, more connected future in this dynamic part of Birmingham.
We rebuild valuations using smart layers that account for property shape, street-level trends and energy efficiency. Find out how we make it more precise