56 Victoria Place, Banbury, OX16 3NN is a leasehold flat built between 1983-1990. The property offers approximately 570 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £178,003 , which equates to approximately £312 per square foot. It was last sold on 10 Nov 2006 for £130,500. Since then, the value has increased by £47,503, representing a 36.4% increase, or approximately 1.9% per year.

The current estimated value of £178,003 is:

  • 9.3% higher than the average property price on Victoria Place
  • 11.3% higher than the average in the OX16 3NN postcode area
  • and 47.6% lower than the average price for Banbury as a whole

At the most recent EPC inspection on 3 February 2020, the property was recorded as owner-occupied.

View sold house prices in OX16 3NN

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£178,003
Price Per sq ft (estimate)
£312
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Victoria Place, Banbury, Cherwell, Oxfordshire, OX16 3NN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Feb 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Feb 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 11.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 36% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from average to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to OX16 3NN

8 th / 66
Price Rank
11% higher than average
26 th / 62
Size Rank
10% bigger than average
19 th / 62
Price Per Sq FT Rank
1% higher than average

Compared to other properties in OX16 3NN , this flat's estimated value ranks 8th out of 66. Based on price per square foot, it ranks 19th out of 62 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 26th out of 62 properties in its postcode area.

Sale History

Today
£178,003
streetscan.co.uk estimate
+36 %
10 Nov 2006
£130,500
Leasehold
+34.5 %
5 Jul 2002
£97,000
Leasehold

Area Insights

Similar Properties Sold Nearby

53 Victoria Place, Banbury, OX16 3NN
rooms: 3
size: 570 sq ft
sale price: £180,000
sale date: 20 Sep 2024
40 Victoria Place, Banbury, OX16 3NN
rooms: 3
size: 614 sq ft
sale price: £160,000
sale date: 8 Jan 2024
3 Victoria Place, Banbury, OX16 3NN
rooms: 3
size: 527 sq ft
sale price: £148,000
sale date: 25 Feb 2022
31 Victoria Place, Banbury, OX16 3NN
rooms: 3
size: 495 sq ft
sale price: £145,000
sale date: 24 Feb 2022
2 Victoria Place, Banbury, OX16 3NN
rooms: 3
size: 581 sq ft
sale price: £160,000
sale date: 29 Mar 2021

Data Sources

The property at 56 Victoria Place, Banbury, OX16 3NN appears two times in the Land Registry records, with the latest transaction recorded on 10 Nov 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Feb 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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