5, Cover Drive
5, Cover Drive
Description & Estimates
5, Cover Drive, Banbury is described in the public record as a modern house with 527 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Cover Drive, Banbury is £286,598 and its rental estimate is £1,028 per month, given the available information and assuming reasonable condition.
Cover Drive, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
5, 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.
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 5, Cover Drive, Banbury, we estimate a market value of £300,927 and a rental value of £1,079 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £266,536 and £956 per month respectively.
Recent Market Change
Over the last year, 5, Cover Drive, Banbury has seen its estimated sale value drop by £3,866 (1.3%) and its estimated rental value rise by £32 per month (3.1%). This results in an estimated gross rental yield of 4.3%.
Energy Efficiency
5, 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.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Cover Drive, Banbury have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2023, was 53, Blackwell Drive, Banbury, OX16 9PF, a freehold house which sold for £550,581.
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 27 addresses on Cover Drive, Banbury, OX16, 5, Cover Drive, Banbury comes out as the 25th largest and the 25th most expensive in our analysis of the public data.
It is also £1k more expensive than the average property across the OX16 district.
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Schools Nearby
- 400mBishop Loveday Church of England Primary School
- 900mThe Grange Community Primary School
- 1.1kmSt John's Catholic Primary School
- 900mBlessed George Napier Catholic School and Sixth Form
- 1.1kmWykham Park
- 1.2kmFutures Institute Banbury
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Public Transport Nearby
From 5, Cover Drive, Banbury, the nearest station is Banbury, 2.2 kilometres away.
- 2.2kmBanbury
- 4.3kmKings Sutton
- 13.8kmHeyford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
