261, Warwick Road
261, Warwick Road
Description & Estimates
261, Warwick Road, Banbury is recorded publicly as an early-century freehold house across 968 ft2 of internal area, sitting on a 444 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 261, Warwick Road, Banbury is £353,622 and its rental estimate is £1,333 per month, given the available information and assuming reasonable condition.
Warwick Road, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
261, Warwick Road, Banbury has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated September 2019.
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.
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 261, Warwick Road, Banbury, we estimate a market value of £371,303 and a rental value of £1,399 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £328,868 and £1,239 per month respectively.
Recent Market Change
Over the last year, 261, Warwick Road, Banbury has seen its estimated sale value move down by £4,845 (1.4%) and its estimated rental value increase by £41 per month (3.1%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 261, Warwick Road, Banbury as measuring 444 m2.
That makes it the 4th largest plot in the postcode, where 20 of the 25 other houses have recorded plot data.
Energy Efficiency
261, Warwick Road, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Sep 2019.
The property is 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 261, Warwick Road, Banbury completed on 5th March 2021 at £239,000 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 21.5% over the period since March 2021.
- Sold Mar 2021£239,000
- Sold May 2009£139,300
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 261, Warwick Road, Banbury have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2024, was 296, Warwick Road, Banbury, OX16 1AZ, a freehold house which sold for £350,000.
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 352 addresses on Warwick Road, Banbury, OX16, 261, Warwick Road, Banbury comes out as the 126th largest and the 67th most expensive in our analysis of the public data.
It is also £68k more expensive than the average property across the OX16 district.
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Schools Nearby
- 200mHill View Primary School
- 700mWilliam Morris Primary School
- 700mSt Joseph's Catholic Primary School, Banbury
- 1.1kmNorth Oxfordshire Academy
- 2.0kmFutures Institute Banbury
- 2.0kmWykham Park
More reading links
Public Transport Nearby
From 261, Warwick Road, Banbury, the nearest station is Banbury, 1.9 kilometres away.
- 1.9kmBanbury
- 7.1kmKings Sutton
- 16.8kmHeyford
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.
