Average Price for property in Riley Drive, Banbury, OX16 is around £234,624 which varies based on type of property you are interested in and ranges from £310,258 for detached house to around £235,583 for semi-detached. Similarly terraced house is around £203,021. Values have been changing and have risen £2,718 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,123 in last 6 months, £22,466 in last 1 year, £29,248 in last 2 years, £36,802 in last 3 years, £31,880 in last 4 years and £38,100 in last 5 years.
Currently average asking price of a property in Riley Drive, 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 Riley Drive, Banbury, OX16 is £234,624. Average asking price is £279,330 while average price paid is £195,333 which is up by £22,466 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 Riley Drive, Banbury, OX16 area. In last 1 year alone average price buyer paid is around £195,333 based on approximately 3 sales in Riley Drive, Banbury, OX16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £188,000. 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 £182,000 for 8 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £163,323 per sale.