Flat 2, 8
Flat 2, 8
Description & Estimates
Flat 2, 8, Margaret Close, Banbury is described in the public record as a mid-century apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 8, Margaret Close, Banbury is £155,905 and its rental estimate is £815 per month, given the available information and assuming reasonable condition.
8, Margaret Close is a residential building on Margaret Close, Banbury, OX16 and falls within the OX16 postal district and the borough of Cherwell.
Our Data Sources
Flat 2, 8, Margaret Close, Banbury has no records in the the Land Registry and a single entry in the EPC database dated June 2018.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 8, Margaret Close, Banbury, we estimate a market value of £163,700 and a rental value of £855 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £144,992 and £758 per month respectively.
Recent Market Change
Over the last year, Flat 2, 8, Margaret Close, Banbury has seen its estimated sale value move down by £2,613 (1.7%) and its estimated rental value increase by £20 per month (2.5%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 2, 8, Margaret Close, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 8, Margaret Close, Banbury have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th February 2026, was 6, Stanbridge Close, Banbury, OX16 0NR, a leasehold flat which sold for £135,000.
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
Of the 44 addresses on Margaret Close, Banbury, OX16, Flat 2, 8, Margaret Close, Banbury comes out as the 41st largest and the 41st most expensive in our analysis of the public data.
It is also £130k less expensive than the average property across the OX16 district.
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Schools Nearby
- 200mOrchard Fields Community School
- 300mSt Joseph's Catholic Primary School, Banbury
- 700mQueensway School
- 1.4kmFutures Institute Banbury
- 1.4kmWykham Park
- 1.5kmNorth Oxfordshire Academy
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Public Transport Nearby
From Flat 2, 8, Margaret Close, Banbury, the nearest station is Banbury, 1.9 kilometres away.
- 1.9kmBanbury
- 6.7kmKings Sutton
- 16.2kmHeyford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
