Flat 4, The Courts
Flat 4, The Courts
Description & Estimates
According to the public record, Flat 4, The Courts, Banbury is a modern leasehold apartment with 516 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 Flat 4, The Courts, Banbury is £196,959 and the estimated rental value is £1,014 per month.
The apartment is within The Courts, Warwick Road, Banbury, OX16.
Warwick Road, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
Our Data Sources
Flat 4, The Courts, Banbury has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Flat 4, The Courts, Banbury is in very good condition we estimate a sale value of £206,807 and a rental value of £1,064 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,172 and a rental value of £943 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, The Courts, Banbury has moved down by £3,301 (1.7%), while its estimated rental value has increased by £25 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 4, The Courts, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2022.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 4, The Courts, Banbury was last sold on 31st March 2022 for £160,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has dropped by 21.2%.
- Sold Mar 2022£160,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, The Courts, Banbury within a radius of 510 metres over the last 2 years.
The most recent example is Flat 18, The Courts, Warwick Road, Banbury, OX16 2FA, a leasehold flat which sold for £180,000 on the 29th June 2022.
Read more about house prices in OX16.
- Sold Jun 2022£180,000 | 2 Bed FlatThe Courts, Warwick RoadFlat 18, The Courts, Warwick Road, Banbury, OX16 2FA
- Sold May 2022£175,000 | 2 Bed FlatThe Courts, Warwick RoadFlat 5, The Courts, Warwick Road, Banbury, OX16 2FA
- Sold Apr 2022£151,500 | 2 Bed FlatThe Courts, Warwick RoadFlat 2, The Courts, Warwick Road, Banbury, OX16 2FA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Warwick Road, Banbury, OX16 has a total of 352 addresses. According to our analysis of all the public data, Flat 4, The Courts, Banbury is the 329th largest and the 245th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in OX16.
More reading links
Schools Nearby
- 100mSt Mary's Church of England Primary School, Banbury
- 900mHarriers Banbury Academy
- 1.1kmHill View Primary School
- 1.5kmFutures Institute Banbury
- 1.6kmWykham Park
- 1.7kmBlessed George Napier Catholic School and Sixth Form
More reading links
Public Transport Nearby
The closest station to Flat 4, The Courts, Banbury is Banbury station, which is 1.0 kilometres away.
- 1.0kmBanbury
- 6.3kmKings Sutton
- 16.3kmHeyford
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
