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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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16, Parker Close, Banbury is recorded publicly as a modern freehold house across 1,442 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 16, Parker Close, Banbury is £488,965 and its rental estimate is £1,654 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.
16, Parker Close, Banbury has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated October 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.
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 16, Parker Close, Banbury, we estimate a market value of £513,413 and a rental value of £1,737 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £454,737 and £1,538 per month respectively.
Over the last year, 16, Parker Close, Banbury has seen its estimated sale value drop by £7,035 (1.4%) and its estimated rental value rise by £48 per month (2.9%). This results in an estimated gross rental yield of 4.1%.
16, Parker Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 16, Parker Close, Banbury completed on 30th November 2023 at £470,000 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 7.3% over the period since November 2023.
Over the past 2 years 3 properties similar to 16, Parker Close, Banbury have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th January 2024, was 4, Parker Close, Banbury, OX16 1JF, a freehold house which sold for £465,000.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 15 addresses on Parker Close, Banbury, OX16, 16, Parker Close, Banbury comes out as the largest and the most expensive in our analysis of the public data.
It is also £203k more expensive than the average property across the OX16 district.
From 16, Parker Close, Banbury, the nearest station is Banbury, 2.9 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Parker Close, Banbury, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Parker Close, Banbury, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Parker Close, Banbury, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Parker Close, Banbury, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
