562, BINLEY ROAD, BINLEY, COVENTRY, CV3 2DQ - £176,000

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.

562 BINLEY ROAD is a semi-detached house, which could now be worth an estimated £306,202. It was last sold for £176,000 in May 2007, which was around 18% above the average May 2007 semi-detached price in the Coventry local authority area.

562 BINLEY ROAD Sold Prices

Land registry data shows two sales for 562 BINLEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Coventry local authority area for the corresponding sale date. One of the two 562 BINLEY ROAD sales was for above the average price, whilst the other 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
2007 11 MAY	£176,000	£149,575	18% above HPI
2005 14 DEC	£125,000	£140,605	11% below HPI

What might 562 BINLEY ROAD be worth now?

562 BINLEY ROAD might now be worth an estimated £306,202.

This is based on house price inflation of 74%, between May 2007 and May 2026, for semi-detached houses, in the Coventry local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74% inflationary increase is applied to the most recent sale price for 562 BINLEY ROAD of £176,000 on 11th May 2007. For the value to have increased from £176,000 to £306,202 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 562 BINLEY ROAD has moved in line with the HPI for semi-detached houses in the Coventry local authority area.
• The May 2007 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 562 BINLEY ROAD has not materially changed since May 2007.

Where is 562 BINLEY ROAD?

562 BINLEY ROAD is located in BINLEY, in the CV3 postcode district.