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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Ridgemont Close, Oxford is £434,266 and the estimated rental value is £1,752 per month.
Ridgemont Close, Oxford, OX2 is located in the borough of Oxford within the OX2 postal district.
8, Ridgemont Close, Oxford has 21 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated February 2017.
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.
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 8, Ridgemont Close, Oxford is in very good condition we estimate a sale value of £455,979 and a rental value of £1,840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,868 and a rental value of £1,630 per month.
Over the last 12 months the sale value of 8 Ridgemont Close Oxford has decreased by an estimated £1,639 (0.4%) and its rental value has increased by an estimated £76 per month (4.3%), giving an expected gross yield of 4.8%.
8, Ridgemont Close, Oxford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 27 Feb 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 8, Ridgemont Close, Oxford was last sold on 6th October 2017 for £370,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2017, the market for similar properties has dropped 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Ridgemont Close, Oxford within a radius of 620 metres over the last 2 years.
The most recent example is Flat 9, Martin Court, Middle Way, Oxford, OX2 7LF, a leasehold flat which sold for £375,000 on the 26th June 2024.
Read more about house prices in OX2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgemont Close, Oxford, OX2 has a total of 16 addresses. According to our analysis of all the public data, 8, Ridgemont Close, Oxford is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £320k less expensive than the average property in OX2.
The closest station to 8, Ridgemont Close, Oxford is Oxford Parkway station which is 2.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Ridgemont Close, Oxford, 51.5% of property is privately rented and 29.9% 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, Ridgemont Close, Oxford, 22.8% of residents are recorded as possessing school level qualifications and 75.0% 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, Ridgemont Close, Oxford, the average age was 38.9 and the most common age was 17.
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, Ridgemont Close, Oxford, 2.5% 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, Ridgemont Close, Oxford, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.