12, Melbourne Close
12, Melbourne Close
Description & Estimates
12, Melbourne Close, Banbury is described in the public record as a mid-century house with 796 ft2 of internal area, sitting on a 311 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Melbourne Close, Banbury is £322,147 and its rental estimate is £1,294 per month, given the available information and assuming reasonable condition.
Melbourne Close, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
12, Melbourne Close, Banbury has no records in the the Land Registry and a single entry in the EPC database dated March 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 12, Melbourne Close, Banbury, we estimate a market value of £338,254 and a rental value of £1,359 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £299,597 and £1,204 per month respectively.
Recent Market Change
Over the last year, 12, Melbourne Close, Banbury has seen its estimated sale value move down by £4,414 (1.4%) and its estimated rental value increase by £40 per month (3.1%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 12, Melbourne Close, Banbury as measuring 311 m2.
That makes it the 4th largest plot in the postcode, where all 32 other houses have recorded plot data.
Energy Efficiency
12, Melbourne Close, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Melbourne Close, Banbury have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2025, was 16, Woodhall Drive, Banbury, OX16 9TY, a freehold house which sold for £310,000.
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 32 addresses on Melbourne Close, Banbury, OX16, 12, Melbourne Close, Banbury comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £37k more expensive than the average property across the OX16 district.
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Schools Nearby
- 400mSt John's Catholic Primary School
- 500mThe Grange Community Primary School
- 800mBishop Loveday Church of England Primary School
- 1.0kmBlessed George Napier Catholic School and Sixth Form
- 1.3kmFutures Institute Banbury
- 1.3kmWykham Park
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Public Transport Nearby
From 12, Melbourne Close, Banbury, the nearest station is Banbury, 1.4 kilometres away.
- 1.4kmBanbury
- 4.3kmKings Sutton
- 14.5kmHeyford
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.
