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According to the public record, 2, Mitcalfe Way, Banbury is a modern freehold house with 871 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mitcalfe Way, Banbury is £349,687 and the estimated rental value is £1,397 per month.
Mitcalfe Way, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
2, Mitcalfe Way, Banbury has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated December 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 2, Mitcalfe Way, Banbury is in very good condition we estimate a sale value of £367,171 and a rental value of £1,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,209 and a rental value of £1,300 per month.
Over the last 12 months the sale value of 2 Mitcalfe Way Banbury has decreased by an estimated £4,791 (1.4%) and its rental value has increased by an estimated £43 per month (3.1%), giving an expected gross yield of 4.8%.
2, Mitcalfe Way, Banbury has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 02 Dec 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Mitcalfe Way, Banbury was last sold on 20th December 2024 for £332,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2024, the market for similar properties has dropped 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mitcalfe Way, Banbury within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 182, Blackwell Drive, Banbury, OX16 9PB, a freehold house which sold for £306,412 on the 30th June 2025.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitcalfe Way, Banbury, OX16 has a total of 16 addresses. According to our analysis of all the public data, 2, Mitcalfe Way, Banbury is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in OX16.
The closest station to 2, Mitcalfe Way, Banbury is Banbury station which is 2.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mitcalfe Way, Banbury, 52.5% of property is privately owned with a mortgage and 24.8% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Mitcalfe Way, Banbury, 51.4% of residents are recorded as possessing school level qualifications and 33.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Mitcalfe Way, Banbury, the average age was 44.8 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Mitcalfe Way, Banbury, 0.2% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Mitcalfe Way, Banbury, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.