Binfield House Prices Binfield House Prices

The average house price in Binfield is £403,500 using HM Land Registry data.

The average property price increased by £110,663 (24.09%) over the last 5 years and increased by £22,117 (4.04%) over the last 12 months.

Over the last year, there were 57 residential property sales – a decrease of 45 transactions (-78.95%) relative to the previous year. The majority of house sales (15) were in the £386,000 - £492,000 range. Then came properties in the £492,000 - £598,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,040 (-2%).

In April 2024, there were 15 new estate agency instructions, 8 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in Binfield

24.09%

Property prices in Binfield increased by 24.09% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Binfield Over the Last Year

4.04%

Property prices in Binfield increased by 4.04% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Binfield - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Binfield

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Binfield

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Binfield

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Binfield since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Binfield area since 1995.

Recent Property Sales in Binfield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
26 Knox Green, Binfield, Bracknell, Bracknell Forest, RG42 4NZ£440,000£427,000-£13,00006 Jan 202315 Dec 2023343 Days
9 Alben Road, Binfield, Bracknell, Bracknell Forest, RG42 4HU£400,000£280,000-£120,00020 Apr 202310 Nov 2023204 Days
Flat 3, Haddenhurst Court, Terrace Road South, Binfield, Bracknell, Bracknell Forest, RG42 4BQ£150,000£136,000-£14,00024 Feb 202303 Nov 2023252 Days
Flat 1, Glenask Court, London Road, Binfield, Bracknell, Bracknell Forest, RG42 4AB£725,000£700,000-£25,00027 Jun 202331 Oct 2023126 Days
Hartwood, Forest Road, Binfield, Bracknell, Bracknell Forest, RG42 4HB£600,000£540,000-£60,00009 May 202331 Oct 2023175 Days
31 Emmets Park, Binfield, Bracknell, Bracknell Forest, RG42 4HQ£575,000£555,000-£20,00007 Feb 202331 Oct 2023266 Days
3 Minoru Place, Binfield, Bracknell, Bracknell Forest, RG42 4HS£1,175,000£1,138,000-£37,00016 May 202331 Oct 2023168 Days
65 Rose Hill, Binfield, Bracknell, Bracknell Forest, RG42 5LH£300,000£300,000£0024 Jun 202320 Oct 2023118 Days
The Laurels, Foxley Lane, Binfield, Bracknell, Bracknell Forest, RG42 4EE£1,170,000£1,110,000-£60,00005 May 202329 Sep 2023147 Days
Herbs House, Emmets Nest, Binfield, Bracknell, Bracknell Forest, RG42 4HH£575,000£575,000£0001 Mar 202328 Jul 2023149 Days
4 Chapel Terrace, Binfield, Bracknell, Bracknell Forest, RG42 4AP£385,000£382,000-£3,00001 Nov 202225 Jul 2023266 Days
Home Cottage, 2, Terrace Road South, Binfield, Bracknell, Bracknell Forest, RG42 4DJ£550,000£540,000-£10,00026 Dec 202226 Jun 2023182 Days
Semmering, Foxley Lane, Binfield, Bracknell, Bracknell Forest, RG42 4DB£1,275,000£1,250,000-£25,00018 Nov 202205 Jun 2023199 Days
15 Red Rose, Binfield, Bracknell, Bracknell Forest, RG42 5LA£525,000£510,000-£15,00001 Nov 202230 May 2023210 Days
7 Nash Park, Binfield, Bracknell, Bracknell Forest, RG42 4EN£749,950£710,000-£39,95009 Dec 202216 May 2023158 Days
28 Roebuck Estate, Binfield, Bracknell, Bracknell Forest, RG42 4DG£425,000£415,000-£10,00029 Jun 202128 Apr 2023668 Days
1 Wilmot Close, Binfield, Bracknell, Bracknell Forest, RG42 4LR£725,000£695,000-£30,00005 Jan 202328 Apr 2023113 Days
19 Knox Green, Binfield, Bracknell, Bracknell Forest, RG42 4NZ£430,000£420,000-£10,00022 Nov 202214 Apr 2023143 Days
York House, York Road, Binfield, Bracknell, Bracknell Forest, RG42 5JY£850,000£805,000-£45,00028 Jul 202213 Apr 2023259 Days
3 Honeysuckle Cottages, Forest Road, Binfield, Bracknell, Bracknell Forest, RG42 4HN£425,000£405,000-£20,00002 Jan 202306 Apr 202394 Days

Most Expensive Streets in Binfield

PostcodeStreetAreaAverageNo. of Sales
RG42 4EEFoxley LaneBinfield£955,0003
RG42 4EZRoughgrove CopseBinfield£805,2005
RG42 5JGTerrace Road NorthBinfield£725,3833
RG42 4ENNash ParkBinfield£695,1666
RG42 4ADPopeswood RoadBinfield£641,7504
RG42 4HDForest RoadBinfield£622,0005
RG42 4DBFoxley LaneBinfield£602,5004
RG42 4BPPitch PlaceBinfield£597,4833
RG42 4FEBuchanan WayBinfield£589,6669
RG42 4JUCalcot CloseBinfield£585,6663

Least Expensive Streets in Binfield

PostcodeStreetAreaAverageNo. of Sales
RG42 4BQHaddenhurst CourtBinfield£152,17617
RG42 4AWUnderwood CourtChapel Lane£214,5004
RG42 4DRAvon CourtCressex Close£229,9005
RG42 4ETElliott CourtRoebuck Estate£242,5003
RG42 5JQEaglehurst CottagesBinfield£278,3068
RG42 4LPSavory WalkBinfield£335,6663
RG42 4DPCourtney PlaceBinfield£337,4717
RG42 4DZAngel PlaceBinfield£351,7857
RG42 5HYPound PlaceBinfield£359,5004
RG42 4ERWythemedeBinfield£377,0006

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