22, Prospect Road
22, Prospect Road
Description & Estimates
22, Prospect Road, Banbury is recorded publicly as a period freehold house across 1,474 ft2 of internal area, sitting on a 92.9 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 22, Prospect Road, Banbury is £327,550 and its rental estimate is £1,432 per month, given the available information and assuming reasonable condition.
Prospect Road, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
22, Prospect Road, Banbury has 41 entries in the Land Registry , most recently in November 2017 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 22, Prospect Road, Banbury, we estimate a market value of £343,928 and a rental value of £1,504 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £304,622 and £1,332 per month respectively.
Recent Market Change
Over the last year, 22, Prospect Road, Banbury has seen its estimated sale value fall by £4,713 (1.4%) and its estimated rental value move up by £42 per month (2.9%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 22, Prospect Road, Banbury as measuring 93 m2.
That makes it the 4th largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
22, Prospect Road, Banbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jun 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 22, Prospect Road, Banbury completed on 13th November 2017 at £271,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 16.3% over the period since November 2017.
- Sold Nov 2017£271,500
- Sold Aug 2014£200,000
- Sold Sep 2002£137,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Prospect Road, Banbury have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th October 2023, was 16, Marlborough Place, Banbury, OX16 5DA, a freehold house which sold for £347,000.
Read more about house prices in OX16.
- Sold Oct 2023£347,000 | 4 Bed House16, Marlborough Place, Banbury, OX16 5DA16, Marlborough Place, Banbury, OX16 5DA
- Sold Feb 2021£276,000 | 4 Bed House23, Prospect Road, Banbury, OX16 5HW23, Prospect Road, Banbury, OX16 5HW
- Sold Oct 2020£263,500 | 4 Bed House25, Prospect Road, Banbury, OX16 5HW25, Prospect Road, Banbury, OX16 5HW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 24 addresses on Prospect Road, Banbury, OX16, 22, Prospect Road, Banbury comes out as the 5th largest and the 11th most expensive in our analysis of the public data.
It is also £42k more expensive than the average property across the OX16 district.
More reading links
Schools Nearby
- 400mHarriers Banbury Academy
- 800mSt Mary's Church of England Primary School, Banbury
- 900mSt John's Catholic Primary School
- 1.0kmFutures Institute Banbury
- 1.1kmWykham Park
- 1.1kmBlessed George Napier Catholic School and Sixth Form
More reading links
Public Transport Nearby
From 22, Prospect Road, Banbury, the nearest station is Banbury, 600 metres away.
- 600mBanbury
- 5.5kmKings Sutton
- 15.6kmHeyford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
