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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 3, Cover Drive, Banbury as a modern house with 527 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Cover Drive, Banbury has an estimated sale value of £286,598 and an estimated rental value of £1,028 per month, assuming reasonable condition and based on the information available.
Cover Drive, Banbury, OX16 lies in the borough of Cherwell, within the OX16 postal district.
3, Cover Drive, Banbury has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data 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.
In very good condition, we estimate 3, Cover Drive, Banbury would be worth £300,927, with a potential rental value of £1,079 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £266,536, with a rental value of £956 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Cover Drive, Banbury has moved down by £3,866 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £32 (3.1%). The property's estimated gross yield is currently 4.3%.
3, Cover Drive, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 3, Cover Drive, Banbury across the last 2 years.
Most recently, 53, Blackwell Drive, Banbury, OX16 9PF, a freehold house, sold at £550,581 on the 31st March 2023.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Cover Drive, Banbury as the 27th largest and the 27th most expensive of the 27 addresses on Cover Drive, Banbury, OX16.
Against the OX16 postcode district average, it is £1k more expensive than the typical property.
Banbury station is the nearest stop to 3, Cover Drive, Banbury at 2.2 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Cover Drive, Banbury, 54.3% of property is privately owned outright and 33.9% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Cover Drive, Banbury, 12.8% of residents are recorded as possessing school level qualifications and 46.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Cover Drive, Banbury, the average age was 40.4 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Cover Drive, Banbury, 3.5% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Cover Drive, Banbury, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
