32, BINLEY CLOSE, SHIRLEY, SOLIHULL, B90 2RB - £218,000

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.

32 BINLEY CLOSE is a small flat of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £215,905. It was last sold for £218,000 in May 2023, which was around 16% above the average May 2023 flat price in the Solihull local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

32 BINLEY CLOSE Sold Prices

Land registry data shows three sales for 32 BINLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Solihull local authority area for the corresponding sale date. Two of the three 32 BINLEY CLOSE sales were for above the average price, whilst one was 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
2023 19 MAY	£218,000	£187,234	16% above HPI
2013 31 JAN	£110,000	£113,759	3% below HPI
2002 23 AUG	£107,500	£85,766	25% above HPI

What might 32 BINLEY CLOSE be worth now?

32 BINLEY CLOSE might now be worth an estimated £215,905.

This is based on house price deflation of 1%, between May 2023 and May 2026, for flats, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for 32 BINLEY CLOSE of £218,000 on 19th May 2023. For the value to have decreased from £218,000 to £215,905 over the three years to May 2026, the following assumptions must hold true:

• The value of 32 BINLEY CLOSE has moved in line with the HPI for flats in the Solihull local authority area.
• The May 2023 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 32 BINLEY CLOSE has not materially changed since May 2023.

How Large is 32 BINLEY CLOSE?

32 BINLEY CLOSE is 56m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of flats in Solihull, based on EPC data. 29% of flats are smaller than 32 BINLEY CLOSE, and 67% of flats are larger. Note that EPC data is not available for all properties in Solihull.

32 BINLEY CLOSE: Plot

32 BINLEY CLOSE sits on a plot of roughly 0.561 of an acre, or 2,272m².

Where is 32 BINLEY CLOSE?

32 BINLEY CLOSE is located in SHIRLEY, in the B90 postcode district.