Chancellors says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom terraced house located in Banbury, Oxfordshire. It has a plot size of 740 sqft and is listed at £250,000. The average house price in the area is £322,098, with an average price per sqft of £325. The property itself is 595.52 sqft. Considering the average price per sqft in the area (£325) and the property’s size (595.52 sqft), a rough estimate of its value would be around £193,418. However, this is just an estimate, and several factors could influence the actual value. The property appears to be in good condition, with a recently fitted kitchen and what seems to be recently redecorated rooms. There is evidence of a small, manageable garden. The location is reasonably good, with several primary schools within a kilometer and a secondary school a little further away. Banbury train station is also relatively close. Given the property’s condition, the relatively small size, and its location, the listed price of £250,000 seems slightly above the estimated value based on average price per sqft. However, the actual market value might be higher due to the desirability of the area and the overall good condition of the property. More information on comparable properties in the immediate vicinity would be needed to refine this assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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