According to the public record, 8, Russell Street, Banbury is a modern freehold house and with 1,657 ft2 of internal area and sits on a 537 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Russell Street, Bloxham, Banbury, OX15 is located in the borough of Cherwell within the OX15 postal district.
8, Russell Street, Banbury has a single entry in the Land Registry database from March 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 8 Russell Street Banbury as £619,551 and the rental value as £1,894 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 8 Russell Street Banbury has decreased by £3,455 (0.6%) and its rental value has increased by £50 per month (2.6%).
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 8, Russell Street, Banbury is in very good condition we estimate a sale value of £650,528 and rental value of £1,989 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £576,182 and a rental value of £1,761 per month.
If you were able to purchase this property for the estimated value of £619,551, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,045 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 8, Russell Street, Banbury sits on a plot of 537m2.
We have plot size data on 10 out of 10 other houses in the postcode and 8, Russell Street, Banbury sits on the 2nd largest plot.
According to HM Land Registry, 8, Russell Street, Banbury was last sold on 29 Mar 2019 for £560,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2019, the market for similar properties has risen 30.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Russell Street, Banbury within a radius of 79m over the last 2 years.
The most recent example is 3, Russell Street, Banbury, OX15 4TX, a Freehold house which sold for £650,000 in Sep 2022.
Read more about house prices in OX15.
Russell Street, Bloxham, Banbury, OX15 has a total of 10 addresses. According to our analysis of all the public data, 8, Russell Street, Banbury is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £132k more expensive than the average property in OX15.
8, Russell Street, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, Russell Street, Banbury is Banbury station which is 6.0 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Russell Street, Banbury, 40.8% of property is privately owned outright and 32.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 8, Russell Street, Banbury, 20.7% of residents are recorded as possessing school level qualifications and 40.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Russell Street, Banbury, the average age was 40.4 and the most common age was 52.
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 8, Russell Street, 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 8, Russell Street, Banbury, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.