Values have been changing and have risen £2,197 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,949 in last 6 months, £18,154 in last 1 year, £23,633 in last 2 years, £29,736 in last 3 years, £25,763 in last 4 years and £30,791 in last 5 years.
Currently average asking price of a property in Centre Street, Banbury, OX16 is around £279,473 based on approximately 5 properties for sale. Same is the case with rental options based on 109 properties up for rent, average asking rent is around £1,611 per month.
Estimated property value in Centre Street, Banbury, OX16 is £182,311. Average asking price is £279,473 while average price paid is £164,890 which is up by £18,154 and Avg. asking rent £1,611.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Centre Street, Banbury, OX16 area. In last 1 year alone average price buyer paid is around £164,890 based on approximately 5 sales in Centre Street, Banbury, OX16 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £163,612. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £163,021 for 16 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £158,992 per sale.