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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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Public records show 8, Saffron Close, Banbury to be a modern freehold house with 1,264 ft2 of internal area, sitting on a 161 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Saffron Close, Banbury has an estimated sale value of £366,299 and an estimated rental value of £1,515 per month, assuming reasonable condition and based on the information available.
Saffron Close, Banbury, OX16 lies in the borough of Cherwell, within the OX16 postal district.
8, Saffron Close, Banbury has a single entry in the Land Registry from December 2008 and a single entry in the EPC database dated December 2008.
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.
In very good condition, we estimate 8, Saffron Close, Banbury would be worth £384,614, with a potential rental value of £1,591 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £340,658, with a rental value of £1,409 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Saffron Close, Banbury has dropped by £5,270 (1.4%) over the last year. During the same period, its estimated monthly rental value has risen by £44 (2.9%). The property's estimated gross yield is currently 5.0%.
8, Saffron Close, Banbury occupies a 161 m2 plot as recorded by HM Land Registry.
All 13 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
8, Saffron Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
8, Saffron Close, Banbury last changed hands on 23rd December 2008, selling for £275,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 73.9% since December 2008.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 8, Saffron Close, Banbury across the last 2 years.
Most recently, 37, Thyme Close, Banbury, OX16 1WH, a freehold house, sold at £367,500 on the 17th August 2023.
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 8, Saffron Close, Banbury as the 12th largest and the 12th most expensive of the 13 addresses on Saffron Close, Banbury, OX16.
Against the OX16 postcode district average, it is £81k more expensive than the typical property.
Banbury station is the nearest stop to 8, Saffron Close, Banbury at 2.7 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 8, Saffron Close, Banbury, 37.2% of property is privately owned with a mortgage and 27.1% 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 8, Saffron Close, Banbury, 15.1% of residents are recorded as possessing school level qualifications and 35.6% 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, Saffron Close, Banbury, the average age was 37.3 and the most common age was 32.
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, Saffron 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, Saffron Close, Banbury, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
