28, Melbourne Close
28, Melbourne Close
Description & Estimates
Public records show 28, Melbourne Close, Banbury to be a modern freehold house with 764 ft2 of internal area, sitting on a 185 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
28, Melbourne Close, Banbury has an estimated sale value of £315,069 and an estimated rental value of £1,275 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
28, Melbourne Close, Banbury has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated October 2025.
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
In very good condition, we estimate 28, Melbourne Close, Banbury would be worth £330,823, with a potential rental value of £1,339 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £293,014, with a rental value of £1,186 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 28, Melbourne Close, Banbury has moved down by £4,317 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £39 (3.1%). The property's estimated gross yield is currently 4.9%.
Plot Size
28, Melbourne Close, Banbury occupies a 185 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 31st largest.
Energy Efficiency
28, Melbourne Close, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
28, Melbourne Close, Banbury last changed hands on 15th October 2015, selling for £205,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 15.0% since October 2015.
- Sold Oct 2015£205,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 28, Melbourne Close, Banbury across the last 2 years.
Most recently, 36, Hillside Close, Banbury, OX16 9YT, a freehold house, sold at £300,000 on the 27th September 2024.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 28, Melbourne Close, Banbury as the 25th largest and the 25th most expensive of the 32 addresses on Melbourne Close, Banbury, OX16.
Against the OX16 postcode district average, it is £30k more expensive than the typical property.
More reading links
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
Banbury station is the nearest stop to 28, 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.
