12, Parker Close
12, Parker Close
Description & Estimates
12, Parker Close, Banbury is recorded publicly as a modern freehold house across 1,270 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 12, Parker Close, Banbury is £457,558 and its rental estimate is £1,617 per month, given the available information and assuming reasonable condition.
Parker Close, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
12, Parker Close, Banbury has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 12, Parker Close, Banbury, we estimate a market value of £480,436 and a rental value of £1,698 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £425,529 and £1,504 per month respectively.
Recent Market Change
Over the last year, 12, Parker Close, Banbury has seen its estimated sale value fall by £6,583 (1.4%) and its estimated rental value move up by £47 per month (2.9%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
12, Parker Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2023.
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 12, Parker Close, Banbury completed on 31st January 2024 at £445,000 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 7.1% over the period since January 2024.
- Sold Jan 2024£445,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Parker Close, Banbury have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2024, was 2, Parker Close, Banbury, OX16 1JF, a freehold house which sold for £435,000.
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
Of the 15 addresses on Parker Close, Banbury, OX16, 12, Parker Close, Banbury comes out as the 12th largest and the 11th most expensive in our analysis of the public data.
It is also £172k more expensive than the average property across the OX16 district.
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Schools Nearby
- 700mSt Joseph's Catholic Primary School, Banbury
- 700mWilliam Morris Primary School
- 900mOrchard Fields Community School
- 1.1kmNorth Oxfordshire Academy
- 2.2kmFutures Institute Banbury
- 2.2kmWykham Park
More reading links
Public Transport Nearby
From 12, Parker Close, Banbury, the nearest station is Banbury, 2.9 kilometres away.
- 2.9kmBanbury
- 7.6kmKings Sutton
- 16.6kmHeyford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
