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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
According to the public record, 8, Cedar Close, Banbury is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 459 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Cedar Close, Banbury is £390,752 and the estimated rental value is £1,574 per month.
Cedar Close, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
8, Cedar Close, Banbury has 3 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Cedar Close, Banbury is in very good condition we estimate a sale value of £410,289 and a rental value of £1,653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,399 and a rental value of £1,464 per month.
Over the last 12 months the sale value of 8 Cedar Close Banbury has decreased by an estimated £2,039 (0.5%) and its rental value has increased by an estimated £39 per month (2.5%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 8, Cedar Close, Banbury sits on a plot of 459m2.
We have plot size data on 21 out of 21 other houses in the postcode and 8, Cedar Close, Banbury sits on the 3rd largest plot.
8, Cedar Close, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2015.
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, 8, Cedar Close, Banbury was last sold on 5th May 2023 for £425,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cedar Close, Banbury within a radius of 690 metres over the last 2 years.
The most recent example is 21, Larksfield Road, Banbury, OX16 9EG, a freehold house which sold for £390,000 on the 22nd November 2024.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Close, Banbury, OX16 has a total of 21 addresses. According to our analysis of all the public data, 8, Cedar Close, Banbury is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in OX16.
The closest station to 8, Cedar Close, Banbury is Banbury station which is 1.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Cedar Close, Banbury, 71.5% of property is privately owned outright and 14.6% 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 8, Cedar Close, Banbury, 7.7% of residents are recorded as possessing school level qualifications and 23.3% 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 8, Cedar 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 8, Cedar Close, 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 8, Cedar Close, Banbury, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
