Flat 4, Mercia House, 51 South Bar Street, Banbury, OX16 9AB is a leasehold flat built before 1900. The property offers approximately 1,066 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £316,674 , which equates to approximately £297 per square foot. It was last sold on 8 Jun 2018 for £280,000. Since then, the value has increased by £36,674, representing a 13.1% increase, or approximately 1.7% per year.

The current estimated value of £316,674 is:

  • 38.1% lower than the average property price on South Bar Street
  • 9.2% higher than the average in the OX16 9AB postcode area
  • and 6.7% lower than the average price for Banbury as a whole

At the most recent EPC inspection on 30 May 2022, the property was recorded as owner-occupied.

View sold house prices in OX16 9AB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1066 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£316,674
Price Per sq ft (estimate)
£297
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 4, Mercia House, 51 South Bar Street, Banbury, Cherwell, Oxfordshire, OX16 9AB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 30 May 2022.

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

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 44% of fixed outlets
Average

Compared to OX16 9AB

9 th / 28
Price Rank
9% higher than average
1 st / 12
Size Rank
30% bigger than average
10 th / 12
Price Per Sq FT Rank
16% lower than average

Compared to other properties in OX16 9AB , this flat's estimated value ranks 9th out of 28. Based on price per square foot, it ranks 10th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 12 properties in its postcode area.

Sale History

Today
£316,674
streetscan.co.uk estimate
+13 %
8 Jun 2018
£280,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 786 sq ft
sale price: £292,000
sale date: 21 Mar 2022
rooms: 2
size: 689 sq ft
sale price: £192,500
sale date: 10 Jul 2019
rooms: 2
size: 484 sq ft
sale price: £150,000
sale date: 21 Jun 2019
rooms: 2
size: 484 sq ft
sale price: £169,500
sale date: 13 Dec 2017
rooms: 2
size: 581 sq ft
sale price: £179,500
sale date: 13 Dec 2017

Data Sources

The property at Flat 4, Mercia House, 51 South Bar Street, Banbury, Cherwell, Oxfordshire, OX16 9AB appears once in the Land Registry records, with the transaction recorded on 8 Jun 2018. It also has a single Energy Performance Certificate (EPC) from 30 May 2022. 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.