3, BINLEY CLOSE, BIRMINGHAM, B25 8NE - £230,500

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.

3 BINLEY CLOSE is a detached house, which could now be worth an estimated £418,647. It was last sold for £230,500 in December 2005, which was around 5% below the average December 2005 detached price in the Birmingham local authority area.

3 BINLEY CLOSE Sold Prices

Land registry data shows two sales for 3 BINLEY CLOSE 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 3 BINLEY CLOSE 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
2005 9 DEC	£230,500	£241,564	5% below HPI
1999 9 APR	£97,000	£103,772	7% below HPI

What might 3 BINLEY CLOSE be worth now?

3 BINLEY CLOSE might now be worth an estimated £418,647.

This is based on house price inflation of 81.6%, between December 2005 and May 2026, 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 81.6% inflationary increase is applied to the most recent sale price for 3 BINLEY CLOSE of £230,500 on 9th December 2005. For the value to have increased from £230,500 to £418,647 over the 21 years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 BINLEY CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The December 2005 sale price of £230,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BINLEY CLOSE has not materially changed since December 2005.

Where is 3 BINLEY CLOSE?

3 BINLEY CLOSE is located in BIRMINGHAM, in the B25 postcode district.