2, Margaret Close
2, Margaret Close
Description & Estimates
The public record describes 2, Margaret Close, Banbury as a mid-century house with 914 ft2 of internal area, sitting on a 173 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Margaret Close, Banbury has an estimated sale value of £252,322 and an estimated rental value of £1,243 per month, assuming reasonable condition and based on the information available.
Margaret Close, Banbury, OX16 lies in the borough of Cherwell, within the OX16 postal district.
Our Data Sources
2, Margaret Close, Banbury has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Margaret Close, Banbury would be worth £264,938, with a potential rental value of £1,305 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £234,659, with a rental value of £1,156 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 2, Margaret Close, Banbury has moved down by £3,457 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £38 (3.1%). The property's estimated gross yield is currently 5.9%.
Plot Size
2, Margaret Close, Banbury occupies a 173 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
2, Margaret Close, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2021.
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 520 metres of 2, Margaret Close, Banbury across the last 2 years.
Most recently, 54, Woodgreen Avenue, Banbury, OX16 0AY, a freehold house, sold at £234,000 on the 28th March 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 2, Margaret Close, Banbury as the 14th largest and the 12th most expensive of the 44 addresses on Margaret Close, Banbury, OX16.
Against the OX16 postcode district average, it is £33k less expensive than the typical property.
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Schools Nearby
- 200mOrchard Fields Community School
- 300mSt Joseph's Catholic Primary School, Banbury
- 700mQueensway School
- 1.4kmFutures Institute Banbury
- 1.4kmWykham Park
- 1.5kmNorth Oxfordshire Academy
More reading links
Public Transport Nearby
Banbury station is the nearest stop to 2, Margaret Close, Banbury at 1.9 kilometres away.
- 1.9kmBanbury
- 6.7kmKings Sutton
- 16.2kmHeyford
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.
