15, Melbourne Close
15, Melbourne Close
Description & Estimates
According to the public record, 15, Melbourne Close, Banbury is a mid-century freehold house with 1,119 ft2 of internal area and sits on a 260 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Melbourne Close, Banbury is £393,201 and the estimated rental value is £1,492 per month.
Melbourne Close, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
Our Data Sources
15, Melbourne Close, Banbury has 21 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated January 2020.
We combine this information with that 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 15, Melbourne Close, Banbury is in very good condition we estimate a sale value of £412,861 and a rental value of £1,567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,676 and a rental value of £1,388 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 15, Melbourne Close, Banbury has moved down by £5,657 (1.4%), while its estimated rental value has increased by £44 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, 15, Melbourne Close, Banbury sits on a plot of 260 m2.
We have plot size data on 32 out of 32 other houses in the postcode and 15, Melbourne Close, Banbury sits on the 18th largest plot.
Energy Efficiency
15, Melbourne Close, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 15, Melbourne Close, Banbury was last sold on 21st August 2020 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2020, the market for similar properties has risen by 17.7%.
- Sold Aug 2020£275,000
- Sold Dec 2000£126,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Melbourne Close, Banbury within a radius of 660 metres over the last 2 years.
The most recent example is 58, Kingfisher Drive, Banbury, OX16 9YE, a freehold house which sold for £360,000 on the 27th February 2026.
Read more about house prices in OX16.
- Sold Feb 2026£360,000 | 4 Bed House58, Kingfisher Drive, Banbury, OX16 9YE58, Kingfisher Drive, Banbury, OX16 9YE
- Sold Nov 2023£355,000 | 4 Bed House5, Whimbrel Way, Banbury, OX16 9YX5, Whimbrel Way, Banbury, OX16 9YX
- Sold Feb 2020£250,000 | 4 Bed House14, Melbourne Close, Banbury, OX16 9UQ14, Melbourne Close, Banbury, OX16 9UQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melbourne Close, Banbury, OX16 has a total of 32 addresses. According to our analysis of all the public data, 15, Melbourne Close, Banbury is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in OX16.
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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
More reading links
Public Transport Nearby
The closest station to 15, Melbourne Close, Banbury is Banbury station, which is 1.4 kilometres away.
- 1.4kmBanbury
- 4.3kmKings Sutton
- 14.5kmHeyford
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
