1, Cover Drive
1, Cover Drive
Description & Estimates
According to the public record, 1, Cover Drive, Banbury is a modern house with 527 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Cover Drive, Banbury is £286,598 and the estimated rental value is £1,028 per month.
Cover Drive, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
Our Data Sources
1, Cover Drive, Banbury has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Cover Drive, Banbury is in very good condition we estimate a sale value of £300,927 and a rental value of £1,079 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,536 and a rental value of £956 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Cover Drive, Banbury has declined by £3,866 (1.3%), while its estimated rental value has climbed by £32 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Energy Efficiency
1, Cover Drive, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cover Drive, Banbury within a radius of 810 metres over the last 2 years.
The most recent example is 5, Boundary Way, Banbury, OX16 9NN, a freehold house which sold for £626,775 on the 28th April 2023.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Cover Drive, Banbury, OX16 has a total of 27 addresses. According to our analysis of all the public data, 1, Cover Drive, Banbury is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in OX16.
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Schools Nearby
- 400mBishop Loveday Church of England Primary School
- 900mThe Grange Community Primary School
- 1.1kmSt John's Catholic Primary School
- 900mBlessed George Napier Catholic School and Sixth Form
- 1.1kmWykham Park
- 1.2kmFutures Institute Banbury
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Public Transport Nearby
The closest station to 1, Cover Drive, Banbury is Banbury station, which is 2.2 kilometres away.
- 2.2kmBanbury
- 4.3kmKings Sutton
- 13.8kmHeyford
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
