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In this area, apartments of this size normally have 1 bedroom.
8, Offutt Drive, Bicester has an estimated sale value of £172,526 and an estimated rental value of £989 per month, assuming reasonable condition and based on the information available.
Offutt Drive, Upper Heyford, Bicester, OX25 lies in the borough of Cherwell, within the OX25 postal district.
8, Offutt Drive, Bicester has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
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.
In very good condition, we estimate 8, Offutt Drive, Bicester would be worth £181,152, with a potential rental value of £1,038 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £160,449, with a rental value of £920 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Offutt Drive, Bicester has decreased by £2,036 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £33 (3.3%). The property's estimated gross yield is currently 6.9%.
8, Offutt Drive, Bicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales within 2.6 kilometres of 8, Offutt Drive, Bicester across the last 2 years.
Most recently, 49, Offutt Drive, Bicester, OX25 5BU, a freehold house, sold at £399,995 on the 21st December 2023.
Read more about house prices in OX25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Offutt Drive, Bicester as the 74th largest and the 74th most expensive of the 85 addresses on Offutt Drive, Upper Heyford, Bicester, OX25.
Against the OX25 postcode district average, it is £294k less expensive than the typical property.
Heyford station is the nearest stop to 8, Offutt Drive, Bicester at 3.3 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Offutt Drive, Bicester, 44.8% of property is privately owned with a mortgage and 32.6% is privately owned outright.
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 8, Offutt Drive, Bicester, 13.7% of residents are recorded as possessing school level qualifications and 41.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Offutt Drive, Bicester, the average age was 41.8 and the most common age was 57.
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 8, Offutt Drive, Bicester, 0.2% 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 8, Offutt Drive, Bicester, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.