Values have been changing and have risen £2,417 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,446 in last 6 months, £19,978 in last 1 year, £26,008 in last 2 years, £32,725 in last 3 years, £28,350 in last 4 years and £33,881 in last 5 years.
Currently average asking price of a property in Lambs Crescent, Banbury, OX16 is around £279,330 based on approximately 1 properties for sale. Same is the case with rental options based on 106 properties up for rent, average asking rent is around £1,634 per month.
Estimated property value in Lambs Crescent, Banbury, OX16 is £207,410. Average asking price is £279,330 while average price paid is £195,000 which is up by £19,978 and Avg. asking rent £1,634.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 Lambs Crescent, Banbury, OX16 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 1 sales in Lambs Crescent, Banbury, OX16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £139,112. 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 £142,390 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £145,342 per sale.