40 Merton Street

    40, MERTON STREET, BANBURY, OX16 4RX

    This terraced freehold property on Merton Street last sold in July 2024 for £195,000. Based on price growth in the OX16 district since then, its estimated current value is £195,632 — placing it in the 23rd percentile nationally and the 18th percentile within OX16. The property covers 76 m² (818 sq ft), giving an estimated value of £2,574 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £195,000

    Jul 2024

    Estimated Valuation

    £195,632

    Est. £/sq ft

    £239/sq ft

    £2,574/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateMar 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2024

    £195,000

    Key Metrics

    Estimated valuation£195,632
    Value per sq ft / m²£239/sq ft (£2,574/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OX16 district percentile18th percentile
    National percentile23rd 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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