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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, Milne Close, Banbury is a modern freehold house with 909 ft2 of internal area and sits on a 352 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, Milne Close, Banbury is £540,482 and the estimated rental value is £1,845 per month.
Milne Close, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
7, Milne Close, Banbury has a single entry in the Land Registry from December 2011 and a single entry in the EPC database dated December 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Milne Close, Banbury is in very good condition we estimate a sale value of £567,506 and a rental value of £1,938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,648 and a rental value of £1,716 per month.
Over the last 12 months the sale value of 7 Milne Close Banbury has decreased by an estimated £7,405 (1.4%) and its rental value has increased by an estimated £57 per month (3.1%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 7, Milne Close, Banbury sits on a plot of 352m2.
We have plot size data on 8 out of 8 other houses in the postcode and 7, Milne Close, Banbury sits on the 2nd largest plot.
7, Milne Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Dec 2011.
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, 7, Milne Close, Banbury was last sold on 22nd December 2011 for £410,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2011, the market for similar properties has risen 48.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 580 metres radius of 7, Milne Close, Banbury over the last 2 years.
The most recent example is 3, Milne Close, Banbury, OX16 9FQ, a freehold house which sold for £500,000 on the 29th June 2021.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milne Close, Banbury, OX16 has a total of 9 addresses. According to our analysis of all the public data, 7, Milne Close, Banbury is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £255k more expensive than the average property in OX16.
The closest station to 7, Milne Close, Banbury is Banbury station which is 1.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Milne Close, Banbury, 43.3% of property is privately owned outright and 34.0% is privately owned with a mortgage.
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, Milne Close, Banbury, 15.3% of residents are recorded as possessing school level qualifications and 35.2% 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, Milne Close, 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 7, Milne Close, Banbury, 1.3% 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, Milne Close, Banbury, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
