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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 4A, Merlin Way, Bicester is a modern Leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4A, Merlin Way, Bicester is £226,069 and the estimated rental value is £1,187 per month.
The apartment is within 4, Merlin Way, Bicester, OX26.
Merlin Way, Bicester, OX26 is located in the borough of Cherwell within the OX26 postal district.
4A, Merlin Way, Bicester has 21 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated July 2012.
We combine this information with that 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.
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 4A, Merlin Way, Bicester is in very good condition we estimate a sale value of £237,372 and a rental value of £1,247 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,244 and a rental value of £1,104 per month.
Over the last 12 months the sale value of 4A Merlin Way Bicester has decreased by an estimated £6,684 (3.0%) and its rental value has increased by an estimated £23 per month (1.9%), giving an expected gross yield of 6.3%.
4A, Merlin Way, Bicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 4A, Merlin Way, Bicester was last sold on 8th December 2014 for £184,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2014, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4A, Merlin Way, Bicester within a radius of 680 metres over the last 2 years.
The most recent example is 60, Kingfisher Way, Bicester, OX26 6YD, a leasehold flat which sold for £158,000 on the 12th August 2020.
Read more about house prices in OX26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Way, Bicester, OX26 has a total of 58 addresses. According to our analysis of all the public data, 4A, Merlin Way, Bicester is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in OX26.
The closest station to 4A, Merlin Way, Bicester is Bicester Village station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4A, Merlin Way, Bicester, 48.0% of property is privately owned with a mortgage and 29.3% 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 4A, Merlin Way, Bicester, 20.9% of residents are recorded as possessing school level qualifications and 44.9% 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 4A, Merlin Way, Bicester, the average age was 37.9 and the most common age was 32.
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 4A, Merlin Way, Bicester, 0.3% 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 4A, Merlin Way, 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.
