4, MONKSWOOD AVENUE, BIRMINGHAM, B31 3DP - £135,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MONKSWOOD AVENUE is a very small extended detached house of 79m², built sometime from 2007 onwards, which could now be worth an estimated £131,459. It was last sold for £135,000 in November 2022, which was around 70% below the average November 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

4 MONKSWOOD AVENUE Sold Prices

Land registry data shows two sales for 4 MONKSWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 4 MONKSWOOD AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 30 NOV	£135,000	£445,645	70% below HPI
2009 31 JUL	£64,500	£224,296	71% below HPI

4 MONKSWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 4 MONKSWOOD AVENUE sales from July 2009 and November 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2009 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the November 2022 sale, where it rises to 70% below the HPI. The line then continues to track at 70% below the HPI.

What might 4 MONKSWOOD AVENUE be worth now?

4 MONKSWOOD AVENUE might now be worth an estimated £131,459.

This is based on house price deflation of 2.6%, between November 2022 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% deflationary decrease is applied to the most recent sale price for 4 MONKSWOOD AVENUE of £135,000 on 30th November 2022. For the value to have decreased from £135,000 to £131,459 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 MONKSWOOD AVENUE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The November 2022 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MONKSWOOD AVENUE has not materially changed since November 2022.

How Large is 4 MONKSWOOD AVENUE?

4 MONKSWOOD AVENUE is 79m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 4 MONKSWOOD AVENUE lies on this distribution: 11% of detached houses houses are smaller than 4 MONKSWOOD AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

Where is 4 MONKSWOOD AVENUE?

4 MONKSWOOD AVENUE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 4 on MONKSWOOD AVENUE.