~ 0%
PROPERTY VALUATION
£285,000
-£500 (0%)
Since last sold: June 2021
VALUATION RANGE
£269k - £301k
LOW | HIGH
Confidence: High
Update Property Condition
Last updated: 2 days ago
Property summary
8 Jones Way, Banbury is a freehold semi-detached house spread over 861 square feet, making it one of the smaller properties here - it is ranked as the 13th most expensive property* in OX16 1HT, with a valuation of £285,000.
Since it last sold in June 2021 for £285,500, its value has decreased by £500.
Essential buying details
- We expect the property to sell for between £269k and £301k if no refurbishment work has been carried out.
- Built around 2018, the property has sold once over the last 25 years, with the longest owner staying for 3 years**.
- This property only has one recorded sale since 1995 so it doesn't have a historic investment return or rating yet.
- 46 semi-detached houses have sold in OX16 1 at an average price of £275,596 over the last 12 months.
-0.2%
This property has fallen in price by -0.2% since it last sold 2 years ago
21%
This property is 21% less expensive than average in Jones Way, OX16 1HT
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Sale history
The most paid for a property in Jones Way, OX16 1HT was £519,000 in 2021.
Mortgage repayment calculator
Date | Price | Change |
---|---|---|
Today's value* | £285,000 | 0.2% |
30 Jun 2021 | £285,500 | - |
What condition is the property in?
- At a sale price of £285k, we expect this property to be in a similar condition to the neighbouring properties.
- At this valuation it has a cost per square foot of £331, which is comparable with the average for properties here.
- The average cost per square foot for property here is £315.
Cost per square foot valuation
- If we valued this property using the average cost per square foot (CPSF) - it would be worth £271k. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
- Note: Properties that are in a better condition will sell for more money per square foot.
What does it cost to live here?
Prices start at:
£285k
Average house price:
£360k
Most expensive:
£521k
SOLD PROPERTY PRICES - OX16 1HT
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8 Jones Way is moderately smaller than the average property in this postcode.
Valuation details
The most likely sale price is £285,000 but at the lower end we think it should fetch a minimum of £269,000.
On a cost per square foot basis, this property is valued at 5% more than the other houses in this postcode.
A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (find out more here).
If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £328,000.
This property has decreased in price by £500 since it last sold in 2021 - this equates to a 0.1% fall each year.
If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.
8 Jones Way, Banbury is a semi-detached house with 861 square feet of internal space built around 2018.
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- Property details
- Local market
- Regional prices
Property details
- Most likely sale price: £285,000
- Offers likely to be accepted between £269,000 and £301,000.
- Cost per squre foot: £330 (at a valuation of £285,000).
- Freehold semi-detached house
- 861 square feet
- Property energy rating: 84
- Which is similar to the average for this postcode.
- A score of 100 is the best energy rating a property can be given.
- Compare this to other properties in OX16 1HT
The local market - OX16 1HT
- The average property price for this postcode is £360,000
- Prices here range from £285,000 to £521,000.
- Expect to pay £267 to £362 per square foot for property in OX16 1HT.
- 14 properties have sold in OX16 1HT over the last 5 years.
- The latest sale in OX16 1HT went for £420k on 06 Jan 2023.
The property market across OX16 1
- The average price paid for a semi-detached house in the area OX16 1 over the past year is £276k.
- Semi-detached houses have been selling for £340 per square foot across OX16 1.
- 46 semi-detached houses have sold in OX16 1 over the last 12 months.
What does it cost to live in this area?
The local area
Sales in the surrounding roads
Searching for recent sales near here
What are some of the other properties worth?
The cheapest property here in OX16 1HT is valued at £285k.
At the top end, the most expensive property is worth £521k - this postcode has an average valuation of £360k.
Property | Valuation | ||
---|---|---|---|
16 Jones Way, Banbury 861 sq.ft. | £285,000 -1% (2021 - now) | ||
14 Jones Way, Banbury 861 sq.ft. | £285,000 -1% (2021 - now) | ||
8 Jones Way, Banbury 861 sq.ft. | £285,000 -0% (2021 - now) | ||
10 Jones Way, Banbury 861 sq.ft. | £295,000~0% (2021 - now) | ||
4 Jones Way, Banbury 861 sq.ft. | £309,000 -0% (2021 - now) | ||
7 Jones Way, Banbury 1173 sq.ft. | £412,000 -2% (2023 - now) | ||
6 Jones Way, Banbury 1528 sq.ft. | £437,000 -0% (2021 - now) | ||
12 Jones Way, Banbury 1862 sq.ft. | £510,000 -2% (2021 - now) |
Valuation accuracy
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