8, Laxton Way
8, Laxton Way
Description & Estimates
According to the public record, 8, Laxton Way, Banbury is a modern apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Laxton Way, Banbury is £143,738 and the estimated rental value is £847 per month.
Laxton Way, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
Our Data Sources
8, Laxton Way, Banbury has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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, Laxton Way, Banbury is in very good condition we estimate a sale value of £150,925 and a rental value of £889 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,676 and a rental value of £788 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Laxton Way, Banbury has declined by £2,409 (1.7%), while its estimated rental value has climbed by £21 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
8, Laxton Way, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Laxton Way, Banbury was last sold on 4th September 2002 for £74,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Sep 2002£74,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8, Laxton Way, Banbury within a radius of 530 metres over the last 2 years.
The most recent example is 4, Bismore Road, Banbury, OX16 1JP, a leasehold flat which sold for £620,186 on the 11th December 2020.
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
Laxton Way, Banbury, OX16 has a total of 10 addresses. According to our analysis of all the public data, 8, Laxton Way, Banbury is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in OX16.
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Schools Nearby
- 800mHardwick Primary School and Nursery
- 1.2kmWilliam Morris Primary School
- 1.3kmHill View Primary School
- 700mNorth Oxfordshire Academy
- 3.4kmFutures Institute Banbury
- 3.5kmWykham Park
More reading links
Public Transport Nearby
The closest station to 8, Laxton Way, Banbury is Banbury station, which is 3.2 kilometres away.
- 3.2kmBanbury
- 8.6kmKings Sutton
- 18.3kmHeyford
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
