Average Price for property in Springfield Avenue, Banbury, OX16 is around £228,525 which varies based on type of property you are interested in and ranges from £235,989 for semi-detached to around £215,635 for terraced house. Values have been changing and have risen £2,608 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,877 in last 6 months, £21,561 in last 1 year, £28,068 in last 2 years, £35,318 in last 3 years, £30,596 in last 4 years and £36,566 in last 5 years.
Currently average asking price of a property in Springfield Avenue, 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 Springfield Avenue, Banbury, OX16 is £228,525. Average asking price is £279,330 while average price paid is £196,906 which is up by £21,561 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 Springfield Avenue, Banbury, OX16 area. In last 1 year alone average price buyer paid is around £196,906 based on approximately 8 sales in Springfield Avenue, Banbury, OX16 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £185,440. 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 £183,843 for 24 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £181,932 per sale.