South Street, Banbury, OX16

Street Guide For South Street, Banbury, OX16

 

South Street, Banbury, OX16 Map

Estimated Price: £138,626
Average Asking Price: £279,330
Price change in last one year: £12,956
Average Price Paid: £89,900
Average Rent Rates: £1,634

 

Property Prices Breakdown in South Street, Banbury, OX16

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.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £148,650, £186,365 for a 2 bedroom house, £223,217 for a 3 bedroom house, £324,684 for a 4 bedroom house and £366,745 for a 5 bedroom house. For a flat similarly the prices varies from £121,792 for a single bedroom to £153,141 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £185,000. To sum up the asking prices for properties in South Street, Banbury, OX16 it comes to around average £126,828 for 1 bedroom property, £168,092 for 2 bedroom, £222,250 for 3 bedroom, £324,684 for 4 bedroom and £366,745 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £542 for 1 bedroom to £793 for 2 bedrooms, £872 for 3 bedrooms, £1,138 for 4 bedrooms and £1,300 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £599. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £742. You should be generally be expecting around average £590 rent per month for single bedroom property, £756 for 2 bedroom, £872 for 3 bedroom, £1,138 for 4 bedroom and approximately £1,300 for a 5 bedroom property in South Street, Banbury, OX16 area.

Popular Houses in South Street, Banbury, OX16

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around South Street, Banbury, OX16