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Public records show Flat 5, The Courts, Banbury to be a modern leasehold apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, The Courts, Banbury has an estimated sale value of £199,090 and an estimated rental value of £1,022 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Courts, Warwick Road, Banbury, OX16.
Warwick Road, Banbury, OX16 lies in the borough of Cherwell, within the OX16 postal district.
Flat 5, The Courts, Banbury has a single entry in the Land Registry from May 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.
In very good condition, we estimate Flat 5, The Courts, Banbury would be worth £209,044, with a potential rental value of £1,073 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £185,153, with a rental value of £951 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 5, The Courts, Banbury has dropped by £3,337 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £26 (2.5%). The property's estimated gross yield is currently 6.2%.
Flat 5, The Courts, Banbury has an Energy Performance Rating (EPC) of B. 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.
Flat 5, The Courts, Banbury last changed hands on 16th May 2022, selling for £175,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.6% since May 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of Flat 5, The Courts, Banbury across the last 2 years.
Most recently, Flat 18, The Courts, Warwick Road, Banbury, OX16 2FA, a leasehold flat, sold at £180,000 on the 29th June 2022.
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 Flat 5, The Courts, Banbury as the 325th largest and the 242nd most expensive of the 352 addresses on Warwick Road, Banbury, OX16.
Against the OX16 postcode district average, it is £86k less expensive than the typical property.
Banbury station is the nearest stop to Flat 5, The Courts, Banbury at 1.0 kilometres away.
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 Flat 5, The Courts, Banbury, % of property is and % is .
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 Flat 5, The Courts, Banbury, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Flat 5, The Courts, 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 Flat 5, The Courts, Banbury, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.