Chapel Lane, Little Bourton, Banbury, OX17

Street Guide For Chapel Lane, Little Bourton, Banbury, OX17

 

Chapel Lane, Little Bourton, Banbury, OX17 Map

Estimated Price: £323,556
Average Asking Price: £434,084
Price change in last one year: £29,068
Average Price Paid: £228,312
Average Rent Rates: £2,345

 

Property Prices Breakdown in Chapel Lane, Little Bourton, Banbury, OX17

Average Price for property in Chapel Lane, Little Bourton, Banbury, OX17 is around £323,556 which varies based on type of property you are interested in and ranges from £422,566 for detached house to around £247,654 for semi-detached. Similarly terraced house is around £272,373. Values have been changing and have risen £3,285 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,520 in last 6 months, £29,068 in last 1 year, £40,019 in last 2 years, £47,599 in last 3 years, £40,726 in last 4 years and £50,219 in last 5 years.

Currently average asking price of a property in Chapel Lane, Little Bourton, Banbury, OX17 is around £434,084 based on approximately 2 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £2,345 per month.

Estimated property value in Chapel Lane, Little Bourton, Banbury, OX17 is £323,556. Average asking price is £434,084 while average price paid is £211,500 which is up by £29,068 and Avg. asking rent £2,345.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 Chapel Lane, Little Bourton, Banbury, OX17 area. In last 1 year alone average price buyer paid is around £211,500 based on approximately 2 sales in Chapel Lane, Little Bourton, Banbury, OX17 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £193,500. 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 £228,312 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £240,350 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £92,500, £258,817 for a 2 bedroom house, £355,262 for a 3 bedroom house, £479,232 for a 4 bedroom house and £576,796 for a 5 bedroom house. For a flat similarly the prices varies from £110,750 for a single bedroom to £201,650 for a 2 bedroom Flat. To sum up the asking prices for properties in Chapel Lane, Little Bourton, Banbury, OX17 it comes to around average £101,625 for 1 bedroom property, £242,483 for 2 bedroom, £355,262 for 3 bedroom, £479,232 for 4 bedroom and £576,796 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £722 for 1 bedroom to £805 for 2 bedroom, £1,013 for 3 bedroom and £1,199 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £740. You should be generally be expecting around average £722 rent per month for single bedroom property, £781 for 2 bedroom, £1,013 for 3 bedroom and approximately £1,199 for 4 bedroom property in Chapel Lane, Little Bourton, Banbury, OX17 area.

Popular Houses in Chapel Lane, Little Bourton, Banbury, OX17

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Chapel Lane, Little Bourton, Banbury, OX17