38, Watts Road
38, Watts Road
Description & Estimates
38, Watts Road, Banbury is recorded publicly as a modern freehold house across 775 ft2 of internal area, sitting on a 145 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Watts Road, Banbury is £342,568 and its rental estimate is £1,272 per month, given the available information and assuming reasonable condition.
Watts Road, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
38, Watts Road, Banbury has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property 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 38, Watts Road, Banbury, we estimate a market value of £359,696 and a rental value of £1,335 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £318,588 and £1,183 per month respectively.
Recent Market Change
Over the last year, 38, Watts Road, Banbury has seen its estimated sale value fall by £4,693 (1.4%) and its estimated rental value move up by £39 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 38, Watts Road, Banbury as measuring 145 m2.
That makes it the 51st largest plot in the postcode, where 51 of the 65 other houses have recorded plot data.
Energy Efficiency
38, Watts Road, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Watts Road, Banbury completed on 30th June 2021 at £227,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.8% over the period since June 2021.
- Sold Jun 2021£227,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Watts Road, Banbury have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2024, was 70, Bismore Road, Banbury, OX16 1JP, a freehold house which sold for £285,000.
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 65 addresses on Watts Road, Banbury, OX16, 38, Watts Road, Banbury comes out as the 49th largest and the 49th most expensive in our analysis of the public data.
It is also £57k more expensive than the average property across the OX16 district.
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Schools Nearby
- 900mHardwick Primary School and Nursery
- 1.1kmHanwell Fields Community School
- 1.4kmHill View Primary School
- 1.1kmNorth Oxfordshire Academy
- 3.6kmFutures Institute Banbury
- 3.7kmWykham Park
More reading links
Public Transport Nearby
From 38, Watts Road, Banbury, the nearest station is Banbury, 3.2 kilometres away.
- 3.2kmBanbury
- 8.6kmKings Sutton
- 18.5kmHeyford
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.
