Average Price for property in Merton Street, Banbury, OX16 is around £156,079 which varies based on type of property you are interested in and ranges from £260,482 for detached house to around £172,596 for semi-detached. Similarly terraced house is around £169,467 and a flat is worth £104,411. Values have been changing and have risen £1,900 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,281 in last 6 months, £15,703 in last 1 year, £20,444 in last 2 years, £25,725 in last 3 years, £22,287 in last 4 years and £26,635 in last 5 years.
Currently average asking price of a property in Merton Street, Banbury, OX16 is around £279,330 based on approximately 3 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 Merton Street, Banbury, OX16 is £156,079. Average asking price is £279,330 while average price paid is £142,333 which is up by £15,703 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 Merton Street, Banbury, OX16 area. In last 1 year alone average price buyer paid is around £142,333 based on approximately 3 sales in Merton Street, Banbury, OX16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £142,916. 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 £126,062 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £125,400 per sale.