24, MONASTERY DRIVE, ERDINGTON, BIRMINGHAM, B23 7AX - £250,000

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.

24 MONASTERY DRIVE is a small terraced house of 99m², built sometime from 2012 onwards, which could now be worth an estimated £259,681. It was last sold for £250,000 in June 2024, which was around 18% above the average June 2024 terraced price in the Birmingham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

24 MONASTERY DRIVE Sold Prices

Land registry data shows five sales for 24 MONASTERY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the five 24 MONASTERY DRIVE sales were for above 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
2024 14 JUN	£250,000	£211,539	18% above HPI
2024 2 FEB	£262,500	£207,247	27% above HPI
2019 16 DEC	£198,000	£166,814	19% above HPI
2015 16 SEP	£166,000	£136,240	22% above HPI
2012 14 DEC	£158,000	£117,033	35% above HPI

24 MONASTERY DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Birmingham local authority area over time, sourced from the HPI. The five 24 MONASTERY DRIVE sales between December 2012 and June 2024 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 February 2024 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2024 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 24 MONASTERY DRIVE be worth now?

24 MONASTERY DRIVE might now be worth an estimated £259,681.

This is based on house price inflation of 3.9%, between June 2024 and May 2026, for terraced 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 3.9% inflationary increase is applied to the most recent sale price for 24 MONASTERY DRIVE of £250,000 on 14th June 2024. For the value to have increased from £250,000 to £259,681 over the two years and one month to May 2026, the following assumptions must hold true:

• The value of 24 MONASTERY DRIVE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The June 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MONASTERY DRIVE has not materially changed since June 2024.

How Large is 24 MONASTERY DRIVE?

24 MONASTERY DRIVE is 99m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of terraced houses houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birmingham, and where 24 MONASTERY DRIVE lies on this distribution: 32% of terraced houses houses are smaller than 24 MONASTERY DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

24 MONASTERY DRIVE: Plot and Title Map

24 MONASTERY DRIVE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 24 MONASTERY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 MONASTERY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 MONASTERY DRIVE?

24 MONASTERY DRIVE is located in ERDINGTON, in the B23 postcode district. The below map shows the position of No. 24 on MONASTERY DRIVE.