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According to the public record, 2, Noakes Drive, Banbury is a modern freehold house with 1,119 ft2 of internal area and sits on a 288 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Noakes Drive, Banbury is £453,832 and the estimated rental value is £1,523 per month.
Noakes Drive, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
2, Noakes Drive, Banbury has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated September 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.
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 2, Noakes Drive, Banbury is in very good condition we estimate a sale value of £476,523 and a rental value of £1,600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,064 and a rental value of £1,417 per month.
Over the last 12 months the sale value of 2 Noakes Drive Banbury has decreased by an estimated £6,530 (1.4%) and its rental value has increased by an estimated £45 per month (2.9%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2, Noakes Drive, Banbury sits on a plot of 288m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Noakes Drive, Banbury sits on the 8th largest plot.
2, Noakes Drive, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Noakes Drive, Banbury was last sold on 3rd November 2022 for £405,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Noakes Drive, Banbury within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 27, Berry Crescent, Banbury, OX16 9ZD, a freehold house which sold for £420,000 on the 22nd November 2024.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Noakes Drive, Banbury, OX16 has a total of 9 addresses. According to our analysis of all the public data, 2, Noakes Drive, Banbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £168k more expensive than the average property in OX16.
The closest station to 2, Noakes Drive, Banbury is Banbury station which is 2.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Noakes Drive, Banbury, 52.5% of property is privately owned with a mortgage and 24.8% is privately owned outright.
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 2, Noakes Drive, Banbury, 51.4% of residents are recorded as possessing school level qualifications and 33.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Noakes Drive, Banbury, the average age was 44.8 and the most common age was 57.
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 2, Noakes Drive, Banbury, 0.2% 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 2, Noakes Drive, Banbury, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.