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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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2, Selby Close, Banbury is recorded publicly as a modern freehold house across 1,270 ft2 of internal area, sitting on a 200 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Selby Close, Banbury is £455,231 and its rental estimate is £1,588 per month, given the available information and assuming reasonable condition.
Selby Close, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
2, Selby Close, Banbury has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2, Selby Close, Banbury, we estimate a market value of £477,992 and a rental value of £1,667 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £423,364 and £1,477 per month respectively.
Over the last year, 2, Selby Close, Banbury has seen its estimated sale value decline by £6,550 (1.4%) and its estimated rental value climb by £46 per month (2.9%). This results in an estimated gross rental yield of 4.2%.
HM Land Registry records the plot of land for 2, Selby Close, Banbury as measuring 200 m2.
That makes it the 8th largest plot in the postcode, where 8 of the 15 other houses have recorded plot data.
2, Selby Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Dec 2022.
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 2, Selby Close, Banbury completed on 8th March 2023 at £430,950 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 March 2023.
Over the past 2 years 3 properties similar to 2, Selby Close, Banbury have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th September 2023, was 3, Selby Close, Banbury, OX16 9ZG, a freehold house which sold for £424,950.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 15 addresses on Selby Close, Banbury, OX16, 2, Selby Close, Banbury comes out as the 9th largest and the 10th most expensive in our analysis of the public data.
It is also £170k more expensive than the average property across the OX16 district.
From 2, Selby Close, Banbury, the nearest station is Banbury, 2.8 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 2, Selby Close, 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, Selby Close, 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, Selby Close, 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, Selby Close, 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, Selby Close, 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.
