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2 bed flat for sale Alma Road, Banbury, OX16

Offers over

£140,000

Reduced on 07/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £223 per sq ft
Tenure: Ask agent

Council tax Band B £2,009 a year

Key features

Popular location
Modern estate
Two bedrooms
Off road parking
Spacious room sizes
Bathroom
Kitchen
Train station near by
Ease of access to the M40

About this property

Chancellors are pleased to be able to present to the open market this modern two double bedroom apartment located in the popular Alma road estate in Banbury. The property boasts living room, Kitchen, two bedrooms, bathroom and allocated parking, with Banbury train station and the town close by.

Floorplan

Council tax

Band B £2,009 a year

Per year

Band A

£1,722
Band B

This home: £2,009
Band C

£2,296
Band D

£2,583
Band E

£3,157
Band F

£3,731
Band G

£4,305
Band H

£5,166

This home is in band B, which costs £2,009 a year in Cherwell for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Cherwell, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

38 comparables · within 2.5 miles

Cheaper than 89% of the 2-bed flats for sale nearby right now.

This home, £140,000 Median £172,500 · £143,500 – £219,650

Per square foot

£223 16% under

2-bed flats nearby £264

Against sold prices

34% under

OX16 sold median £338 / sq ft, 1,448 sales

Compared with 38 2-bed flats for sale within 2.5 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in OX16 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in OX16 →

Location

Alma Road, Banbury, OX16

Open map Street View

Mortgage and stamp duty

Property price £140,000

£70k £210k

Deposit10% £14,000

£0 £140k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £126,000 mortgage. Most lenders would want a household income of about £28,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
160, Alma Road Terraced	Terraced	Jan 2026	1,098 sq ft £235/sq ft	1,098 sq ft	£235	£257,990
176, Alma Road Semi-detached	Semi-detached	Feb 2023	990 sq ft £285/sq ft	990 sq ft	£285	£282,500
188, Alma Road Flat / maisonette	Flat / maisonette	Nov 2022	614 sq ft £274/sq ft	614 sq ft	£274	£168,000
178, Alma Road Terraced	Terraced	May 2021	1,087 sq ft £221/sq ft	1,087 sq ft	£221	£240,000
186, Alma Road Detached	Detached	Apr 2021	1,001 sq ft £259/sq ft	1,001 sq ft	£259	£259,000
188, Alma Road Flat / maisonette	Flat / maisonette	Jun 2018	614 sq ft £264/sq ft	614 sq ft	£264	£162,000
180, Alma Road Terraced	Terraced	Aug 2016	n/a	n/a	n/a	£245,000
190, Alma Road Flat / maisonette	Flat / maisonette	Sept 2014	678 sq ft £214/sq ft	678 sq ft	£214	£145,000