24, Crab Tree Close
24, Crab Tree Close
Description & Estimates
24, Crab Tree Close, Banbury is recorded publicly as a modern freehold house across 2,249 ft2 of internal area, sitting on a 550 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 24, Crab Tree Close, Banbury is £710,216 and its rental estimate is £2,489 per month, given the available information and assuming reasonable condition.
Crab Tree Close, Bloxham, Banbury, OX15 falls within the OX15 postal district, in the borough of Cherwell.
Our Data Sources
24, Crab Tree Close, Banbury has 2 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated January 2014.
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.
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 24, Crab Tree Close, Banbury, we estimate a market value of £745,727 and a rental value of £2,613 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £660,501 and £2,315 per month respectively.
Recent Market Change
Over the last year, 24, Crab Tree Close, Banbury has seen its estimated sale value move down by £13,518 (1.9%) and its estimated rental value increase by £47 per month (1.9%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 24, Crab Tree Close, Banbury as measuring 550 m2.
That makes it the largest plot in the postcode, where 18 of the 26 other houses have recorded plot data.
Energy Efficiency
24, Crab Tree Close, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Crab Tree Close, Banbury completed on 18th December 2015 at £565,000 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 41.7% over the period since December 2015.
- Sold Dec 2015£565,000
- Sold Jun 2007£549,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Crab Tree Close, Banbury have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th October 2020, was Cottonwood House, Banbury Road, Banbury, OX15 4PD, a freehold house which sold for £835,000.
Read more about house prices in OX15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Crab Tree Close, Bloxham, Banbury, OX15, 24, Crab Tree Close, Banbury comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £215k more expensive than the average property across the OX15 district.
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Schools Nearby
- 1.3kmBloxham Church of England Primary School
- 3.2kmBishop Loveday Church of England Primary School
- 3.3kmQueensway School
- 200mThe Warriner School
- 3.0kmWykham Park
- 3.1kmBlessed George Napier Catholic School and Sixth Form
More reading links
Public Transport Nearby
From 24, Crab Tree Close, Banbury, the nearest station is Banbury, 4.6 kilometres away.
- 4.6kmBanbury
- 6.1kmKings Sutton
- 12.9kmHeyford
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.
