7, Read Place
7, Read Place
Description & Estimates
7, Read Place, Bicester is recorded publicly as a modern freehold house across 1,969 ft2 of internal area, sitting on a 433 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 7, Read Place, Bicester is £645,974 and its rental estimate is £2,582 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
7, Read Place, Bicester has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated March 2021.
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 7, Read Place, Bicester, we estimate a market value of £678,273 and a rental value of £2,712 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £600,756 and £2,402 per month respectively.
Recent Market Change
Over the last year, 7, Read Place, Bicester has seen its estimated sale value decrease by £18,593 (2.9%) and its estimated rental value grow by £45 per month (1.8%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 7, Read Place, Bicester as measuring 433 m2.
That makes it the 4th largest plot in the postcode, where 22 of the 34 other houses have recorded plot data.
Energy Efficiency
7, Read Place, Bicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Read Place, Bicester completed on 4th December 2020 at £211,000 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 48.1% over the period since December 2020.
- Sold Dec 2020£211,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, 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.
•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, 7, Read Place, Bicester comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £180k 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 7, 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.
