The Covert, Banbury
The Covert, Banbury
Description & Estimates
Public records show The Covert, Banbury to be a mid-century freehold house with 2,992 ft2 of internal area, sitting on a 2,105 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
The Covert, Banbury has an estimated sale value of £911,722 and an estimated rental value of £2,739 per month, assuming reasonable condition and based on the information available.
Overthorpe, Banbury, OX17 lies within the OX17 postal district.
Our Data Sources
The Covert, Banbury has 21 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated October 2019.
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.
Price Range & Condition
In very good condition, we estimate The Covert, Banbury would be worth £957,308, with a potential rental value of £2,876 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £847,901, with a rental value of £2,547 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 The Covert, Banbury has decreased by £16,222 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £60 (2.2%). The property's estimated gross yield is currently 3.6%.
Plot Size
The Covert, Banbury occupies a 2,105 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
The Covert, Banbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Oct 2019.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The Covert, Banbury last changed hands on 23rd September 2020, selling for £785,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 23.3% since September 2020.
- Sold Sep 2020£785,000
- Sold Aug 1997£261,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of The Covert, Banbury across the last 2 years.
Most recently, 24, Tenlands, Banbury, OX17 2NL, a freehold house, sold at £920,000 on the 14th September 2023.
Read more about house prices in OX17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks The Covert, Banbury as the 3rd largest and the 9th most expensive of the 56 addresses on Overthorpe, Banbury, OX17.
Against the OX17 postcode district average, it is £448k more expensive than the typical property.
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Schools Nearby
- 1.5kmSt Leonard's Church of England Primary School
- 1.8kmMiddleton Cheney Primary Academy
- 1.8kmDashwood Banbury Academy
- 2.4kmChenderit School
- 3.5kmBlessed George Napier Catholic School and Sixth Form
- 3.6kmFutures Institute Banbury
More reading links
Public Transport Nearby
Banbury station is the nearest stop to The Covert, Banbury at 2.2 kilometres away.
- 2.2kmBanbury
- 5.0kmKings Sutton
- 16.2kmHeyford
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.
