23, Marston Close
23, Marston Close
Description & Estimates
23, Marston Close, Banbury is described in the public record as a modern apartment with 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, Marston Close, Banbury is £167,808 and its rental estimate is £938 per month, given the available information and assuming reasonable condition.
Marston Close, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
23, Marston Close, Banbury has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 23, Marston Close, Banbury, we estimate a market value of £176,198 and a rental value of £985 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £156,061 and £873 per month respectively.
Recent Market Change
Over the last year, 23, Marston Close, Banbury has seen its estimated sale value decline by £2,813 (1.7%) and its estimated rental value climb by £24 per month (2.5%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
23, Marston Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Marston Close, Banbury have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was 11, Wardington Road, Banbury, OX16 2DF, a leasehold flat which sold for £190,000.
Read more about house prices in OX16.
- Sold Nov 2024£190,000 | 2 Bed FlatWardington Road11, Wardington Road, Banbury, OX16 2DF
- Sold Jun 2024£1,050,000 | 2 Bed FlatBanbury Office Village, Noral WayUnit 2B, Banbury Office Village, Noral Way, Banbury, OX16 2SB
- Sold Jun 2023£129,500 | 2 Bed FlatWardington Road19, Wardington Road, Banbury, OX16 2DF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Marston Close, Banbury, OX16, 23, Marston Close, Banbury comes out as the 26th largest and the 26th most expensive in our analysis of the public data.
It is also £118k less expensive than the average property across the OX16 district.
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Schools Nearby
- 500mCherry Fields Primary School
- 1.4kmHanwell Fields Community School
- 2.2kmHardwick Primary School and Nursery
- 3.1kmNorth Oxfordshire Academy
- 4.0kmFutures Institute Banbury
- 4.1kmWykham Park
More reading links
Public Transport Nearby
From 23, Marston Close, Banbury, the nearest station is Banbury, 2.7 kilometres away.
- 2.7kmBanbury
- 7.7kmKings Sutton
- 18.5kmHeyford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
