Upper Brailes, Banbury, OX15

Street Guide For Upper Brailes, Banbury, OX15

 

Upper Brailes, Banbury, OX15 Map

Estimated Price: £572,801
Average Asking Price: £426,649
Price change in last one year: £50,209
Average Price Paid: £405,522
Average Rent Rates: £1,492

 

Property Prices Breakdown in Upper Brailes, Banbury, OX15

Average Price for property in Upper Brailes, Banbury, OX15 is around £572,801 which varies based on type of property you are interested in and ranges from £618,951 for detached house to around £421,452 for semi-detached. Similarly terraced house is around £484,073. Values have been changing and have risen £5,759 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,755 in last 6 months, £50,209 in last 1 year, £70,327 in last 2 years, £75,466 in last 3 years, £72,394 in last 4 years and £86,226 in last 5 years.

Currently average asking price of a property in Upper Brailes, Banbury, OX15 is around £426,649 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £1,492 per month.

Estimated property value in Upper Brailes, Banbury, OX15 is £572,801. Average asking price is £426,649 while average price paid is £335,000 which is up by £50,209 and Avg. asking rent £1,492.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 Upper Brailes, Banbury, OX15 area. In last 1 year alone average price buyer paid is around £335,000 based on approximately 2 sales in Upper Brailes, Banbury, OX15 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £425,611. 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 £405,522 for 20 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £400,978 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 2 bedroom is around £270,612, £309,145 for a 3 bedroom house, £459,659 for a 4 bedroom house and £634,986 for a 5 bedroom house. For a flat similarly the prices varies from £102,475 for a single bedroom to £231,650 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £375,000. To sum up the asking prices for properties in Upper Brailes, Banbury, OX15 it comes to around average £102,475 for 1 bedroom property, £264,461 for 2 bedroom, £311,203 for 3 bedroom, £459,659 for 4 bedroom and £634,986 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 £830 for 2 bedroom to £1,262 for 3 bedroom, £1,836 for 4 bedroom and £2,544 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £522. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £750. You should be generally be expecting around average £522 rent per month for single bedroom property, £824 for 2 bedroom, £1,262 for 3 bedroom, £1,836 for 4 bedroom and approximately £2,544 for a 5 bedroom property in Upper Brailes, Banbury, OX15 area.

Popular Houses in Upper Brailes, Banbury, OX15

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 Upper Brailes, Banbury, OX15