Average Price for property in South Newington, Banbury, OX15 is around £743,778 which varies based on type of property you are interested in and ranges from £752,928 for detached house to around £458,488 for semi-detached. Similarly terraced house is around £627,804 and a flat is worth £2,029,662. Values have been changing and have risen £7,548 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,719 in last 6 months, £65,813 in last 1 year, £92,182 in last 2 years, £98,911 in last 3 years, £94,882 in last 4 years and £113,013 in last 5 years.
Currently average asking price of a property in South Newington, Banbury, OX15 is around £422,128 based on approximately 3 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £1,521 per month.
Estimated property value in South Newington, Banbury, OX15 is £743,778. Average asking price is £422,128 while average price paid is £1,096,666 which is up by £65,813 and Avg. asking rent £1,521.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 South Newington, Banbury, OX15 area. In last 1 year alone average price buyer paid is around £1,096,666 based on approximately 3 sales in South Newington, Banbury, OX15 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £771,555. 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 £654,117 for 17 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £637,842 per sale.