25, New Banks, SY4 1HG

25 New Banks is a 51 m² flat in Ruyton Xi Towns. It sold for £78,000 in Apr 2021.

Property data
Sale history
Date Paid price Annual growth After inflation
Apr 2021 £78,000 27.0% 25.0%
Feb 2019 £51,000 -8.5% -10.2%
Feb 2019 £46,500 * na na
Jun 2017 £59,000 * na na

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
51 square metres (549 square feet) according to latest EPC inspection
Price per internal area

This property sold for £1,529 per square metre (£142 per square foot) in Apr 2021. Indexed forward to today's value, this is roughly £1,740 per square metre (£162 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Apr 2021 £78,000 £1,529 £88,720 £1,740
Feb 2019 £51,000 £1,000 £62,273 £1,221
Feb 2019 £46,500 £912 £56,778 £1,113
Jun 2017 £59,000 £1,157 £69,404 £1,361

Calculated using the latest EPC internal area of 51 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £88,720. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Ruyton Xi Towns are now selling for between £2,610 and £3,170 per square metre (£242 and £294 per square foot). Based on an internal area of 51 m², this implies a valuation between £133,000 and £162,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
1
Type
Flat
Council tax band
A
Social housing indicators

This property has been flagged on the basis of:

  • Listed in the 2011 NROSH social housing extract.
EPC Inspections
Summary:
02 July 2018 - energy performance certificate grade F
Reason for EPC:
Marketed sale
Tenure:
Owner-occupied
Property type:
1st floor flat in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 1950 to 1966
Area:
51 sqm (549 square foot) total internal area
Comments:
Walls: Cavity wall, as built, no insulation (assumed). Roof: (another dwelling above). Heating: Room heaters, electric.
Summary:
19 August 2010 - energy performance certificate grade F
Reason for EPC:
None
Tenure:
Private rental
Property type:
None , has 2 habitable rooms. Estimated year built 1950 to 1966
Area:
44 sqm (474 square foot) total internal area
Comments: