Values have been changing and have risen £1,568 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,532 in last 6 months, £12,956 in last 1 year, £16,869 in last 2 years, £21,227 in last 3 years, £18,392 in last 4 years and £21,979 in last 5 years.
Currently average asking price of a property in South Street, Banbury, OX16 is around £279,330 based on approximately 5 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 South Street, Banbury, OX16 is £138,626. Average asking price is £279,330 while average price paid is £107,500 which is up by £12,956 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 South Street, Banbury, OX16 area. In last 1 year alone average price buyer paid is around £107,500 based on approximately 5 sales in South Street, Banbury, OX16 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £94,250. 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 £89,900 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £96,375 per sale.