7, Hermon Road
7, Hermon Road
Description & Estimates
7, Hermon Road, Banbury is recorded publicly as a modern freehold house across 678 ft2 of internal area, sitting on a 140 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 7, Hermon Road, Banbury is £273,528 and its rental estimate is £1,222 per month, given the available information and assuming reasonable condition.
Hermon Road, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
7, Hermon Road, Banbury has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 7, Hermon Road, Banbury, we estimate a market value of £287,205 and a rental value of £1,283 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £254,381 and £1,136 per month respectively.
Recent Market Change
Over the last year, 7, Hermon Road, Banbury has seen its estimated sale value fall by £3,690 (1.3%) and its estimated rental value move up by £38 per month (3.1%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 7, Hermon Road, Banbury as measuring 140 m2.
That makes it the 24th largest plot in the postcode, where 27 of the 40 other houses have recorded plot data.
Energy Efficiency
7, Hermon Road, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Hermon Road, Banbury completed on 30th October 2020 at £239,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.1% over the period since October 2020.
- Sold Oct 2020£239,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Hermon Road, Banbury have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th February 2025, was 10, Digwood Road, Banbury, OX16 1HN, a freehold house which sold for £275,000.
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 41 addresses on Hermon Road, Banbury, OX16, 7, Hermon Road, Banbury comes out as the 39th largest and the 37th most expensive in our analysis of the public data.
It is also £12k less expensive than the average property across the OX16 district.
More reading links
Schools Nearby
- 800mHardwick Primary School and Nursery
- 900mWilliam Morris Primary School
- 1.1kmHill View Primary School
- 300mNorth Oxfordshire Academy
- 3.2kmFutures Institute Banbury
- 3.3kmWykham Park
More reading links
Public Transport Nearby
From 7, Hermon Road, Banbury, the nearest station is Banbury, 3.2 kilometres away.
- 3.2kmBanbury
- 8.4kmKings Sutton
- 18.0kmHeyford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
