16, Melbourne Close
16, Melbourne Close
Description & Estimates
The public record describes 16, Melbourne Close, Banbury as a mid-century house with 796 ft2 of internal area, sitting on a 269 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Melbourne Close, Banbury has an estimated sale value of £322,147 and an estimated rental value of £1,294 per month, assuming reasonable condition and based on the information available.
Melbourne Close, Banbury, OX16 lies in the borough of Cherwell, within the OX16 postal district.
Our Data Sources
16, Melbourne Close, Banbury has no records in the the Land Registry and a single entry in the EPC database dated March 2026.
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
In very good condition, we estimate 16, Melbourne Close, Banbury would be worth £338,254, with a potential rental value of £1,359 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £299,597, with a rental value of £1,204 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Melbourne Close, Banbury has decreased by £4,414 (1.4%) over the last year. During the same period, its estimated monthly rental value has grown by £40 (3.1%). The property's estimated gross yield is currently 4.8%.
Plot Size
16, Melbourne Close, Banbury occupies a 269 m2 plot as recorded by HM Land Registry.
All 32 other houses in this postcode have recorded plot sizes, and this one ranks as the 16th largest.
Energy Efficiency
16, Melbourne Close, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2026.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 16, Melbourne Close, Banbury across the last 2 years.
Most recently, 16, Woodhall Drive, Banbury, OX16 9TY, a freehold house, sold at £310,000 on the 12th December 2025.
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
Our analysis of the public data ranks 16, Melbourne Close, Banbury as the 17th largest and the 17th most expensive of the 32 addresses on Melbourne Close, Banbury, OX16.
Against the OX16 postcode district average, it is £37k more expensive than the typical property.
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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
Banbury station is the nearest stop to 16, Melbourne Close, Banbury at 1.4 kilometres away.
- 1.4kmBanbury
- 4.3kmKings Sutton
- 14.5kmHeyford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
