62, Forgeway
62, Forgeway
Description & Estimates
Public records show 62, Forgeway, Banbury to be a mid-century freehold house with 947 ft2 of internal area, sitting on a 157 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
62, Forgeway, Banbury has an estimated sale value of £239,433 and an estimated rental value of £1,171 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.
Our Data Sources
62, Forgeway, Banbury has a single entry in the Land Registry from February 2012 and a single entry in the EPC database dated January 2020.
We combine this information with that 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
In very good condition, we estimate 62, Forgeway, Banbury would be worth £251,404, with a potential rental value of £1,229 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £222,672, with a rental value of £1,089 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 62, Forgeway, Banbury has fallen by £3,280 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £36 (3.1%). The property's estimated gross yield is currently 5.9%.
Plot Size
62, Forgeway, Banbury occupies a 157 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 21st largest.
Energy Efficiency
62, Forgeway, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
62, Forgeway, Banbury last changed hands on 24th February 2012, selling for £132,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 80.4% since February 2012.
- Sold Feb 2012£132,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 62, 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.
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Location Comparison
Our analysis of the public data ranks 62, Forgeway, Banbury as the 32nd largest and the 31st most expensive of the 57 addresses on Forgeway, Banbury, OX16.
Against the OX16 postcode district average, it is £46k less expensive than the typical property.
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Schools Nearby
- 300mHardwick Primary School and Nursery
- 600mHanwell Fields Community School
- 700mHill View Primary School
- 1.1kmNorth Oxfordshire Academy
- 2.8kmFutures Institute Banbury
- 2.9kmWykham Park
More reading links
Public Transport Nearby
Banbury station is the nearest stop to 62, Forgeway, Banbury at 2.3 kilometres away.
- 2.3kmBanbury
- 7.7kmKings Sutton
- 17.7kmHeyford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
