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According to the public record, 1, Olive Mead, Bicester is a modern freehold house with 1,377 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Olive Mead, Bicester is £549,353 and the estimated rental value is £1,981 per month.
Olive Mead, Bicester, OX27 is located in the borough of Cherwell within the OX27 postal district.
1, Olive Mead, Bicester has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 1, Olive Mead, Bicester is in very good condition we estimate a sale value of £576,820 and a rental value of £2,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,898 and a rental value of £1,842 per month.
Over the last 12 months the sale value of 1 Olive Mead Bicester has decreased by an estimated £9,059 (1.6%) and its rental value has increased by an estimated £56 per month (2.8%), giving an expected gross yield of 4.3%.
1, Olive Mead, Bicester has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 20 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 1, Olive Mead, Bicester was last sold on 27th October 2023 for £517,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Olive Mead, Bicester within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 7, Olive Mead, Bicester, OX27 8BW, a freehold house which sold for £520,000 on the 26th February 2024.
Read more about house prices in OX27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Olive Mead, Bicester, OX27 has a total of 20 addresses. According to our analysis of all the public data, 1, Olive Mead, Bicester is the largest and the most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in OX27.
The closest station to 1, Olive Mead, Bicester is Bicester North station which is 2.6 kilometres away.
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 1, Olive Mead, Bicester, % of property is and % is .
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 1, Olive Mead, Bicester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Olive Mead, Bicester, 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 1, Olive Mead, Bicester, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.