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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 Random Ridge, Banbury to be a mid-century freehold house with 1,560 ft2 of internal area, sitting on a 1,958 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Random Ridge, Banbury has an estimated sale value of £797,123 and an estimated rental value of £2,397 per month, assuming reasonable condition and based on the information available.
The Level, Shenington, Banbury, OX15 lies in the borough of Cherwell, within the OX15 postal district.
Random Ridge, Banbury has a single entry in the Land Registry from April 2024 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 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate Random Ridge, Banbury would be worth £836,979, with a potential rental value of £2,517 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £741,325, with a rental value of £2,229 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Random Ridge, Banbury has declined by £12,434 (1.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £57 (2.4%). The property's estimated gross yield is currently 3.6%.
Random Ridge, Banbury occupies a 1,958 m2 plot as recorded by HM Land Registry.
Of the 17 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the largest.
Random Ridge, Banbury has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 13 Feb 2023.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
Random Ridge, Banbury last changed hands on 19th April 2024, selling for £785,000. 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 dropped by 9.1% since April 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.0 kilometres of Random Ridge, Banbury across the last 2 years.
Most recently, Yew Cottage, The Green, Banbury, OX15 6NG, a freehold house, sold at £850,000 on the 25th September 2024.
Read more about house prices in OX15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Random Ridge, Banbury as the 10th largest and the 3rd most expensive of the 17 addresses on The Level, Shenington, Banbury, OX15.
Against the OX15 postcode district average, it is £302k more expensive than the typical property.
Banbury station is the nearest stop to Random Ridge, Banbury at 9.4 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 Random Ridge, Banbury, 53.0% of property is privately owned outright and 30.9% is privately owned with a mortgage.
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 Random Ridge, Banbury, 17.4% of residents are recorded as possessing school level qualifications and 54.4% 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 Random Ridge, Banbury, the average age was 44.2 and the most common age was 57.
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 Random Ridge, Banbury, 0.5% 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 Random Ridge, Banbury, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
