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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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According to the public record, 7, Falcon Close, Banbury is a mid-century freehold house with 1,915 ft2 of internal area and sits on a 337 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Falcon Close, Banbury is £552,190 and the estimated rental value is £1,917 per month.
Falcon Close, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
7, Falcon Close, Banbury has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 7, Falcon Close, Banbury is in very good condition we estimate a sale value of £579,799 and a rental value of £2,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £513,537 and a rental value of £1,783 per month.
Over the last 12 months the sale value of 7 Falcon Close Banbury has decreased by an estimated £3,567 (0.6%) and its rental value has increased by an estimated £41 per month (2.1%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 7, Falcon Close, Banbury sits on a plot of 337m2.
We have plot size data on 7 out of 7 other houses in the postcode and 7, Falcon Close, Banbury sits on the 5th largest plot.
7, Falcon Close, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Falcon Close, Banbury was last sold on 25th November 2022 for £600,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has dropped 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Falcon Close, Banbury within a radius of 730 metres over the last 2 years.
The most recent example is 11, Dorchester Grove, Banbury, OX16 0BD, a freehold house which sold for £530,000 on the 4th November 2022.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcon Close, Banbury, OX16 has a total of 7 addresses. According to our analysis of all the public data, 7, Falcon Close, Banbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £264k more expensive than the average property in OX16.
The closest station to 7, Falcon Close, Banbury is Banbury station which is 2.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Falcon Close, Banbury, 52.5% of property is privately owned with a mortgage and 24.8% is privately owned outright.
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 7, Falcon Close, Banbury, 51.4% of residents are recorded as possessing school level qualifications and 33.7% 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 7, Falcon Close, Banbury, the average age was 44.8 and the most common age was 57.
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 7, Falcon Close, Banbury, 0.2% 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 7, Falcon Close, Banbury, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
