Average Price for property in Park Road, Banbury, OX16 is around £254,886 which varies based on type of property you are interested in and ranges from £400,157 for detached house to around £267,369 for semi-detached. Similarly terraced house is around £271,087 and a flat is worth £111,556. Values have been changing and have risen £2,943 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,631 in last 6 months, £24,329 in last 1 year, £31,673 in last 2 years, £39,852 in last 3 years, £34,523 in last 4 years and £41,258 in last 5 years.
Currently average asking price of a property in Park Road, Banbury, OX16 is around £279,330 based on approximately 8 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 Park Road, Banbury, OX16 is £254,886. Average asking price is £279,330 while average price paid is £210,687 which is up by £24,329 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 Park Road, Banbury, OX16 area. In last 1 year alone average price buyer paid is around £210,687 based on approximately 8 sales in Park Road, Banbury, OX16 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £203,500. 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 £200,297 for 19 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £193,756 per sale.