Flat 1, 40
Flat 1, 40
Description & Estimates
The public record lists Flat 1, 40, Broughton Road, Banbury as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 906 ft2 of internal area and a garden.
In this area, apartments of this size normally have 3 bedrooms.
Flat 1, 40, Broughton Road, Banbury has an estimated sale value of £182,432 and an estimated rental value of £1,042 per month, assuming reasonable condition and based on the information available.
The apartment sits within 40, Broughton Road, Banbury, OX16.
Broughton Road, Banbury, OX16 lies in the borough of Cherwell, within the OX16 postal district.
Our Data Sources
Flat 1, 40, Broughton Road, Banbury has 31 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 40, Broughton Road, Banbury would be worth £191,554, with a potential rental value of £1,094 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £169,662, with a rental value of £969 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 40, Broughton Road, Banbury has moved down by £3,743 (2.1%) over the last year. During the same period, its estimated monthly rental value has increased by £23 (2.3%). The property's estimated gross yield is currently 6.9%.
Sold Prices
Flat 1, 40, Broughton Road, Banbury last changed hands on 14th December 2007, selling for £290,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 20.4% since December 2007.
- Sold Dec 2007£290,000
- Sold Dec 2000£165,000
- Sold Aug 1999£96,635
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of Flat 1, 40, Broughton Road, Banbury across the last 2 years.
Most recently, Flat 6, Fiennes Court 30, Broughton Road, Banbury, OX16 9FW, a leasehold flat, sold at £225,500 on the 22nd September 2022.
Read more about house prices in OX16.
- Sold Sep 2022£225,500 | 2 Bed FlatFiennes Court 30, Broughton RoadFlat 6, Fiennes Court 30, Broughton Road, Banbury, OX16 9FW
- Sold Sep 2019£230,000 | 2 Bed FlatAtlantic House 46, West Bar StreetFlat 20, Atlantic House 46, West Bar Street, Banbury, OX16 9RZ
- Sold Jan 2007£275,000 | 3 Bed Flat42, Broughton RoadFlat 1, 42, Broughton Road, Banbury, OX16 9QF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 40, Broughton Road, Banbury as the 115th largest and the 174th most expensive of the 245 addresses on Broughton Road, Banbury, OX16.
Against the OX16 postcode district average, it is £103k less expensive than the typical property.
More reading links
Schools Nearby
- 500mHarriers Banbury Academy
- 500mQueensway School
- 600mOrchard Fields Community School
- 1.0kmFutures Institute Banbury
- 1.1kmWykham Park
- 1.3kmBlessed George Napier Catholic School and Sixth Form
More reading links
Public Transport Nearby
Banbury station is the nearest stop to Flat 1, 40, Broughton Road, Banbury at 1.3 kilometres away.
- 1.3kmBanbury
- 6.2kmKings Sutton
- 15.9kmHeyford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
