Round & Jackson says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom terraced house located on East Street in Banbury, Oxfordshire. It has a plot size of 866.49 sqft and a total area of 909.55 sqft. The list price is £255,000. The property appears to be in good condition based on the provided photos. The interior is presented well, with modern fixtures and fittings in the kitchen and bathroom. The property benefits from a rear garden, which is a desirable feature in the UK housing market. The garden is of a reasonable size for a terraced property in this location. The location on East Street in Banbury is reasonably convenient. Banbury train station is within a short distance, providing links to Oxford and other areas. There are also several schools nearby, including East Street Children And Family Centre and St Leonard’s Church of England Primary School. The proximity to these amenities is a positive aspect of the property’s location. Considering the average price per sqft in the area is £324, and this property is slightly larger than average at 909.55 sqft, a reasonable price might be expected to be around £294,000 (£324 x 909.55). However, the list price is £255,000, which is lower than this estimated value. The lower price may be due to several factors, including the specific condition of the property (although it appears to be in good order from the images), the exact location on East Street, or the current market conditions. Nearby comparable properties are listed between £167,000 and £299,950, with a wide variation in size and condition, making direct comparison difficult. Therefore, the list price of £255,000 appears to be competitive within the range of nearby properties, although slightly below the average price per sqft calculation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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