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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 58, Forgeway, Banbury as a mid-century house with 957 ft2 of internal area, sitting on a 154 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
58, Forgeway, Banbury has an estimated sale value of £240,845 and an estimated rental value of £1,175 per month, assuming reasonable condition and based on the information available.
Forgeway, Banbury, OX16 lies in the borough of Cherwell, within the OX16 postal district.
58, Forgeway, Banbury has no records in the the Land Registry and a single entry in the EPC database dated October 2015.
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 58, Forgeway, Banbury would be worth £252,887, with a potential rental value of £1,233 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £223,986, with a rental value of £1,092 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 58, Forgeway, Banbury has moved down by £3,300 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (3.1%). The property's estimated gross yield is currently 5.9%.
58, Forgeway, Banbury occupies a 154 m2 plot as recorded by HM Land Registry.
All 35 other houses in this postcode have recorded plot sizes, and this one ranks as the 26th largest.
58, Forgeway, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 58, Forgeway, Banbury across the last 2 years.
Most recently, 63, Ferriston, Banbury, OX16 1QT, a freehold house, sold at £225,000 on the 26th April 2024.
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 58, Forgeway, Banbury as the 24th largest and the 25th most expensive of the 57 addresses on Forgeway, Banbury, OX16.
Against the OX16 postcode district average, it is £45k less expensive than the typical property.
Banbury station is the nearest stop to 58, Forgeway, Banbury at 2.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 58, Forgeway, Banbury, 46.6% of property is socially rented and 23.3% 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 58, Forgeway, Banbury, 15.1% of residents are recorded as possessing school level qualifications and 16.5% 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 58, Forgeway, Banbury, the average age was 37.3 and the most common age was 32.
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 58, Forgeway, Banbury, 0.0% 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 58, Forgeway, Banbury, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
