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Monument Road is a residential street with 148 addresses.
It ranks as the 505th largest and 249th most expensive of the 545 streets in the B16 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 148 properties: 62 houses and 86 flats.
Monument Road is a residential street with 148 addresses.
It ranks as the 505th largest and 249th most expensive of the 545 streets in the B16 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 148 properties: 62 houses and 86 flats.
Sale prices range from £91,222 for 1 bedroom Leasehold flats (333 ft2) to £532,706 for 6 bedroom freehold houses with a garden (2,701 ft2) .
Monthly rental prices range from £583 pcm for 1 bed flats to £1,665 pcm for 6 bed houses.
The gross rental yield is between 2.5% and 8.0%.
The average value per square foot is £253.
The last sale on Monument Road sold for £220,000 on 16th May 2025. Since then prices are down an average of 7.5%.
The current average value in the street is £175,013.
The Monument Road Sales Market has increased by 16.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -8.5% | £175,013 |
| May 2025 | 1.1% | £191,225 |
| May 2024 | -1.6% | £189,146 |
| May 2023 | -1% | £192,205 |
| May 2022 | 7.9% | £194,132 |
| May 2021 | 5.6% | £179,979 |
| May 2020 | -1.8% | £170,385 |
| May 2019 | 2.1% | £173,559 |
| May 2018 | 6.2% | £170,022 |
| May 2017 | 6.2% | £160,167 |
| May 2016 | 8.7% | £150,864 |
| May 2015 | 4.5% | £138,842 |
| May 2014 | 4.6% | £132,827 |
| May 2013 | 1.3% | £127,013 |
| May 2012 | -3% | £125,383 |
| May 2011 | 0.7% | £129,256 |
| May 2010 | 9% | £128,410 |
| May 2009 | -15.7% | £117,856 |
| May 2008 | -5.8% | £139,797 |
| May 2007 | 0% | £148,465 |
The current average rental value in the street is £787.
The Monument Road Rental Market has increased by 32.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.1% | £787pcm |
| May 2025 | -0.5% | £787pcm |
| May 2024 | 7.8% | £791pcm |
| May 2023 | 9.8% | £734pcm |
| May 2022 | 10.2% | £668pcm |
| May 2021 | 0.6% | £606pcm |
| May 2020 | 1.3% | £603pcm |
| May 2019 | 0.3% | £595pcm |
| May 2018 | 0.1% | £593pcm |
| May 2017 | -0.4% | £592pcm |
| May 2016 | 8% | £595pcm |
| May 2015 | 4.2% | £551pcm |
| May 2014 | 1.7% | £529pcm |
| May 2013 | 0.6% | £520pcm |
| May 2012 | -0.2% | £517pcm |
| May 2011 | 2.1% | £518pcm |
| May 2010 | 2.2% | £507pcm |
| May 2009 | -5.8% | £496pcm |
| May 2008 | 0% | £527pcm |
| May 2007 | 0% | £527pcm |
The last sale was on 16th May 2025 for £220,000 and since then the market in the area has decreased by 7.5%. The street has had a total of 40 sales since 1995.
Monument Road, Birmingham, B16 has seen 3 sales in the last three years and no sales in the last twelve months.
Monument Road, Birmingham, B16 is the 505th largest and the 249th most expensive street in the B16 area.
There are 3 postcodes on Monument Road, Birmingham, B16.
The closest station to Monument Road, Birmingham, B16 is Five Ways station which is 1.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Monument Road, Birmingham, B16, 41.3% of property is privately rented and 36.9% is socially rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Monument Road, Birmingham, B16, 34.6% of residents are recorded as possessing school level qualifications and 36.1% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Monument Road, Birmingham, B16, the average age was 31 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Monument Road, Birmingham, B16, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Monument Road, Birmingham, B16, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.