Average Price for property in New Road, Banbury, OX16 is around £122,762 which varies based on type of property you are interested in and ranges from £265,421 for detached house to around £87,097 for a flat. Values have been changing and have risen £1,468 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,306 in last 6 months, £12,127 in last 1 year, £15,789 in last 2 years, £19,868 in last 3 years, £17,214 in last 4 years and £20,573 in last 5 years.
Currently average asking price of a property in New Road, Banbury, OX16 is around £279,330 based on approximately 0 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 New Road, Banbury, OX16 is £122,762. Average asking price is £279,330 while average price paid is £67,000 which is up by £19,868 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 New Road, Banbury, OX16 area. In last 3 years alone average price buyer paid is around £67,000 based on approximately 1 sales in New Road, Banbury, OX16 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £67,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £71,333 for 3 per sale.