Average Price for property in Westminster Way, Banbury, OX16 is around £220,134 which varies based on type of property you are interested in and ranges from £246,108 for detached house to around £220,305 for semi-detached. Similarly terraced house is around £202,092 and a flat is worth £214,459. Values have been changing and have risen £2,632 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,929 in last 6 months, £21,751 in last 1 year, £28,317 in last 2 years, £35,630 in last 3 years, £30,867 in last 4 years and £36,890 in last 5 years.
Currently average asking price of a property in Westminster Way, Banbury, OX16 is around £279,330 based on approximately 4 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 Westminster Way, Banbury, OX16 is £220,134. Average asking price is £279,330 while average price paid is £202,362 which is up by £21,751 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 Westminster Way, Banbury, OX16 area. In last 1 year alone average price buyer paid is around £202,362 based on approximately 4 sales in Westminster Way, Banbury, OX16 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £197,242. 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 £182,063 for 11 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £176,293 per sale.