10, Milne Close
10, Milne Close
Description & Estimates
10, Milne Close, Banbury appears in the public record as a freehold house sitting on a 514 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 2,158 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 10, Milne Close, Banbury is £959,837 and its rental estimate is £2,964 per month, given the available information and assuming reasonable condition.
Milne Close, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
10, Milne Close, Banbury has a single entry in the Land Registry from April 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 10, Milne Close, Banbury, we estimate a market value of £1,007,829 and a rental value of £3,113 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £892,648 and £2,757 per month respectively.
Recent Market Change
Over the last year, 10, Milne Close, Banbury has seen its estimated sale value drop by £15,460 (1.6%) and its estimated rental value rise by £83 per month (2.8%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 10, Milne Close, Banbury as measuring 514 m2.
That makes it the largest plot in the postcode, where all 8 other houses have recorded plot data.
Sold Prices
The most recent sale of 10, Milne Close, Banbury completed on 20th April 2012 at £380,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 37.0% over the period since April 2012.
- Sold Apr 2012£380,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 10, Milne Close, Banbury have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th June 2021, was 3, Milne Close, Banbury, OX16 9FQ, a freehold house which sold for £500,000.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Milne Close, Banbury, OX16, 10, Milne Close, Banbury comes out as the largest and the most expensive in our analysis of the public data.
It is also £674k more expensive than the average property across the OX16 district.
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Schools Nearby
- 200mHarriers Banbury Academy
- 800mQueensway School
- 800mThe Grange Community Primary School
- 500mFutures Institute Banbury
- 600mWykham Park
- 700mBlessed George Napier Catholic School and Sixth Form
More reading links
Public Transport Nearby
From 10, Milne Close, Banbury, the nearest station is Banbury, 1.0 kilometres away.
- 1.0kmBanbury
- 5.5kmKings Sutton
- 15.3kmHeyford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
