31, Melbourne Close
31, Melbourne Close
Description & Estimates
Public records show 31, Melbourne Close, Banbury to be a mid-century freehold house with 731 ft2 of internal area, sitting on a 183 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
31, Melbourne Close, Banbury has an estimated sale value of £307,757 and an estimated rental value of £1,254 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
31, Melbourne Close, Banbury has 41 entries in the Land Registry , most recently in May 2012 and a single entry in the EPC database dated November 2011.
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 31, Melbourne Close, Banbury would be worth £323,145, with a potential rental value of £1,317 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £286,214, with a rental value of £1,166 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 31, Melbourne Close, Banbury has fallen by £4,217 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £39 (3.1%). The property's estimated gross yield is currently 4.9%.
Plot Size
31, Melbourne Close, Banbury occupies a 183 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 32nd largest.
Energy Efficiency
31, Melbourne Close, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
31, Melbourne Close, Banbury last changed hands on 18th May 2012, selling for £196,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 42.8% since May 2012.
- Sold May 2012£196,000
- Sold Oct 2007£195,000
- Sold Nov 2003£141,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 31, Melbourne Close, Banbury across the last 2 years.
Most recently, 18, Melbourne Close, Banbury, OX16 9UQ, a freehold house, sold at £295,000 on the 9th October 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 31, Melbourne Close, Banbury as the 29th largest and the 29th most expensive of the 32 addresses on Melbourne Close, Banbury, OX16.
Against the OX16 postcode district average, it is £22k 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
More reading links
Public Transport Nearby
Banbury station is the nearest stop to 31, 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.
