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Public records show 7, Hornbeam Close, Banbury to be a modern leasehold apartment with 1,065 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
7, Hornbeam Close, Banbury has an estimated sale value of £236,354 and an estimated rental value of £1,175 per month, assuming reasonable condition and based on the information available.
Hornbeam Close, Banbury, OX16 lies in the borough of Cherwell, within the OX16 postal district.
7, Hornbeam Close, Banbury has 2 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated March 2014.
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.
In very good condition, we estimate 7, Hornbeam Close, Banbury would be worth £248,172, with a potential rental value of £1,234 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £219,809, with a rental value of £1,093 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Hornbeam Close, Banbury has declined by £6,561 (2.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £19 (1.6%). The property's estimated gross yield is currently 6.0%.
7, Hornbeam Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
7, Hornbeam Close, Banbury last changed hands on 31st July 2015, selling for £193,800. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 4.1% since July 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 7, Hornbeam Close, Banbury across the last 2 years.
Most recently, Flat 1, 54, Broughton Road, Banbury, OX16 9QF, a leasehold flat, sold at £225,000 on the 11th May 2021.
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 7, Hornbeam Close, Banbury as the largest and the most expensive of the 9 addresses on Hornbeam Close, Banbury, OX16.
Against the OX16 postcode district average, it is £49k less expensive than the typical property.
Banbury station is the nearest stop to 7, Hornbeam Close, Banbury at 1.6 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 7, Hornbeam Close, Banbury, 38.3% of property is privately owned with a mortgage and 31.7% 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, Hornbeam Close, Banbury, 11.5% of residents are recorded as possessing school level qualifications and 36.1% 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, Hornbeam 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, Hornbeam Close, Banbury, 3.2% 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, Hornbeam Close, Banbury, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.