22, Ribston Close
22, Ribston Close
Description & Estimates
22, Ribston Close, Banbury appears in the public record as a freehold house sitting on a 172 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 937 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 22, Ribston Close, Banbury is £332,928 and its rental estimate is £1,370 per month, given the available information and assuming reasonable condition.
Ribston Close, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
22, Ribston Close, Banbury has 21 entries in the Land Registry , most recently in March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 22, Ribston Close, Banbury, we estimate a market value of £349,575 and a rental value of £1,439 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £309,623 and £1,274 per month respectively.
Recent Market Change
Over the last year, 22, Ribston Close, Banbury has seen its estimated sale value drop by £4,561 (1.4%) and its estimated rental value rise by £42 per month (3.1%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 22, Ribston Close, Banbury as measuring 172 m2.
That makes it the 12th largest plot in the postcode, where 15 of the 19 other houses have recorded plot data.
Sold Prices
The most recent sale of 22, Ribston Close, Banbury completed on 23rd March 2007 at £195,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 36.3% over the period since March 2007.
- Sold Mar 2007£195,000
- Sold Dec 2003£176,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Ribston Close, Banbury have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2024, was 40, Ribston Close, Banbury, OX16 1AN, a freehold house which sold for £345,000.
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 51 addresses on Ribston Close, Banbury, OX16, 22, Ribston Close, Banbury comes out as the 27th largest and the 28th most expensive in our analysis of the public data.
It is also £47k more expensive than the average property across the OX16 district.
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Schools Nearby
- 900mHardwick Primary School and Nursery
- 1.3kmWilliam Morris Primary School
- 1.4kmHanwell Fields Community School
- 800mNorth Oxfordshire Academy
- 3.5kmFutures Institute Banbury
- 3.6kmWykham Park
More reading links
Public Transport Nearby
From 22, Ribston Close, Banbury, the nearest station is Banbury, 3.3 kilometres away.
- 3.3kmBanbury
- 8.7kmKings Sutton
- 18.4kmHeyford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
