12, Read Place
12, Read Place
Description & Estimates
12, Read Place, Bicester is recorded publicly as a modern freehold house across 2,023 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 12, Read Place, Bicester is £671,638 and its rental estimate is £2,685 per month, given the available information and assuming reasonable condition.
Read Place, Ambrosden, Bicester, OX25 falls within the OX25 postal district, in the borough of Cherwell.
Our Data Sources
12, Read Place, Bicester has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated July 2024.
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
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 12, Read Place, Bicester, we estimate a market value of £705,220 and a rental value of £2,819 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £624,623 and £2,497 per month respectively.
Recent Market Change
Over the last year, 12, Read Place, Bicester has seen its estimated sale value decrease by £19,332 (2.9%) and its estimated rental value grow by £47 per month (1.8%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
12, Read Place, Bicester has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 08 Jul 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 12, Read Place, Bicester completed on 11th July 2022 at £209,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.0% over the period since July 2022.
- Sold Jul 2022£209,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Read Place, Bicester have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th February 2023, was 11, Read Place, Bicester, OX25 2BH, a freehold house which sold for £231,000.
Read more about house prices in OX25.
- Sold Feb 2023£231,000 | 5 Bed House11, Read Place, Bicester, OX25 2BH11, Read Place, Bicester, OX25 2BH
- Sold Dec 2022£645,000 | 5 Bed House30, Read Place, Bicester, OX25 2BH30, Read Place, Bicester, OX25 2BH
- Sold Jun 2021£205,000 | 5 Bed House5, Read Place, Bicester, OX25 2BH5, Read Place, Bicester, OX25 2BH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 34 addresses on Read Place, Ambrosden, Bicester, OX25, 12, Read Place, Bicester comes out as the 6th largest and the 3rd most expensive in our analysis of the public data.
It is also £206k more expensive than the average property across the OX25 district.
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Schools Nearby
- 200mGraven Hill Primary School
- 1.1kmLangford Village Community Primary School
- 1.6kmSt Edburg's Church of England (VA) School
- 1.4kmWhitelands Academy
- 2.1kmThe Bicester School
- 2.8kmThe Cooper School
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Public Transport Nearby
From 12, Read Place, Bicester, the nearest station is Bicester Village, 1.1 kilometres away.
- 1.1kmBicester Village
- 2.3kmBicester North
- 8.8kmIslip
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
