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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, William Lucy Way, Oxford is £439,830 and the estimated rental value is £1,659 per month.
William Lucy Way, Oxford, OX2 is located in the borough of Oxford within the OX2 postal district.
8, William Lucy Way, Oxford has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated August 2018.
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.
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, William Lucy Way, Oxford is in very good condition we estimate a sale value of £461,822 and a rental value of £1,742 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £409,042 and a rental value of £1,543 per month.
Over the last 12 months the sale value of 8 William Lucy Way Oxford has decreased by an estimated £8,546 (1.9%) and its rental value has increased by an estimated £54 per month (3.3%), giving an expected gross yield of 4.5%.
8, William Lucy Way, Oxford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, 8, William Lucy Way, Oxford was last sold on 4th August 2009 for £227,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, William Lucy Way, Oxford within a radius of 420 metres over the last 2 years.
The most recent example is 7, William Lucy Way, Oxford, OX2 6EQ, a leasehold flat which sold for £430,000 on the 18th July 2019.
Read more about house prices in OX2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
William Lucy Way, Oxford, OX2 has a total of 63 addresses. According to our analysis of all the public data, 8, William Lucy Way, Oxford is the 44th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £311k less expensive than the average property in OX2.
The closest station to 8, William Lucy Way, Oxford is Oxford station which is 800 metres 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, William Lucy Way, Oxford, 35.4% of property is privately rented and 20.8% is privately owned with a mortgage.
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, William Lucy Way, Oxford, 26.9% of residents are recorded as possessing school level qualifications and 58.8% 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, William Lucy Way, Oxford, the average age was 26.3 and the most common age was 22.
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, William Lucy Way, Oxford, 0.0% 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, William Lucy Way, Oxford, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.