2 Reid Close

    2, REID CLOSE, BANBURY, OX16 0SZ

    This terraced freehold property on Reid Close last sold in June 2023 for £246,000. Based on price growth in the OX16 district since then, its estimated current value is £251,412 — placing it in the 38th percentile nationally and the 34th percentile within OX16. The property covers 91 m² (980 sq ft), giving an estimated value of £2,763 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £246,000

    Jun 2023

    Estimated Valuation

    £251,412

    Est. £/sq ft

    £257/sq ft

    £2,763/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2023

    £246,000

    28 Aug 2008

    £167,500

    29 Sept 2006

    £153,000

    Key Metrics

    Estimated valuation£251,412
    Value per sq ft / m²£257/sq ft (£2,763/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OX16 district percentile34th percentile
    National percentile38th percentile

    District Context — OX16

    OX16 covers Banbury and surrounding areas in north Oxfordshire, positioned between the Midlands and the Home Counties. It is a market town setting with a mixed demographic and employment base, offering moderate affordability relative to wider Oxfordshire.

    Average Property Price - OX16

    £308,904

    45

    National percentile

    Average Net Household Income - OX16

    £39,200

    55

    National percentile

    10-Year Annualised Price Growth - OX16

    4.1%

    71

    National percentile

    10-Year Annualised Rent Growth - OX

    3.7%

    41

    National percentile

    View full analysis for OX16

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