56, Marston Close
56, Marston Close
Description & Estimates
According to the public record, 56, Marston Close, Banbury is a modern apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Marston Close, Banbury is £167,879 and the estimated rental value is £934 per month.
Marston Close, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
Our Data Sources
56, Marston Close, Banbury has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 56, Marston Close, Banbury is in very good condition we estimate a sale value of £176,273 and a rental value of £980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,127 and a rental value of £868 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 56, Marston Close, Banbury has fallen by £2,814 (1.7%), while its estimated rental value has moved up by £23 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
56, Marston Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Dec 2020.
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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Marston Close, Banbury within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 11, Wardington Road, Banbury, OX16 2DF, a leasehold flat which sold for £190,000 on the 8th November 2024.
Read more about house prices in OX16.
- Sold Nov 2024£190,000 | 2 Bed FlatWardington Road11, Wardington Road, Banbury, OX16 2DF
- Sold Jun 2024£1,050,000 | 2 Bed FlatBanbury Office Village, Noral WayUnit 2B, Banbury Office Village, Noral Way, Banbury, OX16 2SB
- Sold Jun 2023£129,500 | 2 Bed FlatWardington Road19, Wardington Road, Banbury, OX16 2DF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Marston Close, Banbury, OX16 has a total of 46 addresses. According to our analysis of all the public data, 56, Marston Close, Banbury is the 15th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in OX16.
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Schools Nearby
- 500mCherry Fields Primary School
- 1.4kmHanwell Fields Community School
- 2.2kmHardwick Primary School and Nursery
- 3.1kmNorth Oxfordshire Academy
- 4.0kmFutures Institute Banbury
- 4.1kmWykham Park
More reading links
Public Transport Nearby
The closest station to 56, Marston Close, Banbury is Banbury station, which is 2.7 kilometres away.
- 2.7kmBanbury
- 7.7kmKings Sutton
- 18.5kmHeyford
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
