1, Noakes Drive
1, Noakes Drive
Description & Estimates
1, Noakes Drive, Banbury is recorded publicly as a modern freehold house across 1,119 ft2 of internal area, sitting on a 288 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Noakes Drive, Banbury is £453,832 and its rental estimate is £1,523 per month, given the available information and assuming reasonable condition.
Noakes Drive, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
1, Noakes Drive, Banbury has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 2022.
We combine this information with that 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Noakes Drive, Banbury, we estimate a market value of £476,523 and a rental value of £1,600 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £422,064 and £1,417 per month respectively.
Recent Market Change
Over the last year, 1, Noakes Drive, Banbury has seen its estimated sale value drop by £6,530 (1.4%) and its estimated rental value rise by £45 per month (2.9%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 1, Noakes Drive, Banbury as measuring 288 m2.
That makes it the 9th largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
1, Noakes Drive, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Noakes Drive, Banbury completed on 16th December 2022 at £434,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.6% over the period since December 2022.
- Sold Dec 2022£434,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Noakes Drive, Banbury have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was 27, Berry Crescent, Banbury, OX16 9ZD, a freehold house which sold for £420,000.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on Noakes Drive, Banbury, OX16, 1, Noakes Drive, Banbury comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £168k more expensive than the average property across the OX16 district.
More reading links
Schools Nearby
- 1.2kmQueensway School
- 1.5kmOrchard Fields Community School
- 1.7kmSt Joseph's Catholic Primary School, Banbury
- 1.2kmWykham Park
- 1.3kmFutures Institute Banbury
- 1.5kmBlessed George Napier Catholic School and Sixth Form
More reading links
Public Transport Nearby
From 1, Noakes Drive, Banbury, the nearest station is Banbury, 2.8 kilometres away.
- 2.8kmBanbury
- 6.2kmKings Sutton
- 14.8kmHeyford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
