4 Penelope House, Witney
4 Penelope House, Witney
Description & Estimates
According to the public record, 4 Penelope House, Witney is a modern leasehold apartment with 1,313 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4 Penelope House, Witney is £472,601 and the estimated rental value is £1,833 per month.
The apartment is within Penelope House, Cobbetts Close, Eynsham, Witney, OX29.
Cobbetts Close, Eynsham, Witney, OX29 is located in the borough of West Oxfordshire within the OX29 postal district.
Our Data Sources
4 Penelope House, Witney has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 4 Penelope House, Witney is in very good condition we estimate a sale value of £496,231 and a rental value of £1,924 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,519 and a rental value of £1,704 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4 Penelope House, Witney has declined by £20,786 (4.4%), while its estimated rental value has climbed by £8 per month (0.4%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Energy Efficiency
4 Penelope House, Witney has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4 Penelope House, Witney was last sold on 15th August 2019 for £465,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2019, the market for similar properties has dropped by 32.6%.
- Sold Aug 2019£465,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Penelope House, Witney within a radius of 990 metres over the last 2 years.
The most recent example is 2 Penelope House, Cobbetts Close, Witney, OX29 4FS, a leasehold flat which sold for £485,000 on the 9th September 2019.
Read more about house prices in OX29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Cobbetts Close, Eynsham, Witney, OX29 has a total of 13 addresses. According to our analysis of all the public data, 4 Penelope House, Witney is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in OX29.
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Schools Nearby
- 300mEynsham Community Primary School
- 2.1kmSt Peter's Church of England Primary School, Cassington
- 4.3kmStanton Harcourt CofE Primary School
- 900mBartholomew School
- 6.4kmMatthew Arnold School
- 7.1kmGosford Hill School
More reading links
Public Transport Nearby
The closest station to 4 Penelope House, Witney is Hanborough station, which is 4.7 kilometres away.
- 4.7kmHanborough
- 5.7kmCombe (Oxon)
- 6.8kmOxford Parkway
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
