8, Selby Close
8, Selby Close
Description & Estimates
8, Selby Close, Banbury is recorded publicly as a modern freehold house across 1,291 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Selby Close, Banbury is £470,403 and its rental estimate is £1,632 per month, given the available information and assuming reasonable condition.
Selby Close, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
8, Selby Close, Banbury has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated February 2023.
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.
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 8, Selby Close, Banbury, we estimate a market value of £493,924 and a rental value of £1,713 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £437,475 and £1,518 per month respectively.
Recent Market Change
Over the last year, 8, Selby Close, Banbury has seen its estimated sale value decline by £6,768 (1.4%) and its estimated rental value climb by £48 per month (2.9%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
8, Selby Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Feb 2023.
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 8, Selby Close, Banbury completed on 22nd June 2023 at £481,950 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 17.2% over the period since June 2023.
- Sold Jun 2023£481,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Selby Close, Banbury have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th September 2023, was 3, Selby Close, Banbury, OX16 9ZG, a freehold house which sold for £424,950.
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 15 addresses on Selby Close, Banbury, OX16, 8, Selby Close, Banbury comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £185k more expensive than the average property across the OX16 district.
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Schools Nearby
- 1.2kmQueensway School
- 1.5kmOrchard Fields Community School
- 1.7kmSt Joseph's Catholic Primary School, Banbury
- 1.2kmWykham Park
- 1.3kmFutures Institute Banbury
- 1.4kmBlessed George Napier Catholic School and Sixth Form
More reading links
Public Transport Nearby
From 8, Selby Close, Banbury, the nearest station is Banbury, 2.8 kilometres away.
- 2.8kmBanbury
- 6.2kmKings Sutton
- 14.8kmHeyford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
