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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Millwright Close, Banbury is a modern freehold house with 936 ft2 of internal area and sits on a 170 m2 plot.
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 7, Millwright Close, Banbury is £343,443 and the estimated rental value is £1,367 per month.
Millwright Close, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
7, Millwright Close, Banbury has 51 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated March 2023.
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.
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 7, Millwright Close, Banbury is in very good condition we estimate a sale value of £360,615 and a rental value of £1,435 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,402 and a rental value of £1,271 per month.
Over the last 12 months the sale value of 7 Millwright Close Banbury has decreased by an estimated £1,159 (0.3%) and its rental value has increased by an estimated £38 per month (2.7%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 7, Millwright Close, Banbury sits on a plot of 170m2.
We have plot size data on 13 out of 14 other houses in the postcode and 7, Millwright Close, Banbury sits on the 6th largest plot.
7, Millwright Close, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Millwright Close, Banbury was last sold on 19th January 2024 for £297,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since January 2024, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Millwright Close, Banbury within a radius of 470 metres over the last 2 years.
The most recent example is 80, Parklands, Banbury, OX16 2SZ, a freehold house which sold for £280,000 on the 7th June 2021.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millwright Close, Banbury, OX16 has a total of 16 addresses. According to our analysis of all the public data, 7, Millwright Close, Banbury is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in OX16.
The closest station to 7, Millwright Close, Banbury is Banbury station which is 1.2 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 7, Millwright Close, Banbury, 34.5% of property is privately owned with a mortgage and 26.7% is socially rented.
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 7, Millwright Close, Banbury, 21.7% of residents are recorded as possessing school level qualifications and 34.2% 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 7, Millwright Close, Banbury, the average age was 37.7 and the most common age was 37.
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 7, Millwright Close, Banbury, 0.0% 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 7, Millwright Close, Banbury, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
