48, BINLEY CLOSE, SHIRLEY, SOLIHULL, B90 2RB - £235,000

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.

48 BINLEY CLOSE is a midsized flat of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £233,950. It was last sold for £235,000 in October 2023, which was around 26% above the average October 2023 flat price in the Solihull local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.

48 BINLEY CLOSE Sold Prices

Land registry data shows three sales for 48 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. All of the three 48 BINLEY CLOSE 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
2023 17 OCT	£235,000	£186,267	26% above HPI
2008 10 MAR	£155,000	£132,805	17% above HPI
2007 2 APR	£155,000	£134,758	15% above HPI

What might 48 BINLEY CLOSE be worth now?

48 BINLEY CLOSE might now be worth an estimated £233,950.

This is based on house price deflation of 0.4%, between October 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 0.4% deflationary decrease is applied to the most recent sale price for 48 BINLEY CLOSE of £235,000 on 17th October 2023. For the value to have decreased from £235,000 to £233,950 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 48 BINLEY CLOSE has moved in line with the HPI for flats in the Solihull local authority area.
• The October 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 48 BINLEY CLOSE has not materially changed since October 2023.

How Large is 48 BINLEY CLOSE?

48 BINLEY CLOSE is 62m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of flats in Solihull, based on EPC data. 47% of flats are smaller than 48 BINLEY CLOSE, and 51% of flats are larger. Note that EPC data is not available for all properties in Solihull.

48 BINLEY CLOSE: Plot

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

Where is 48 BINLEY CLOSE?

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