1B, Read Place
1B, Read Place
Description & Estimates
According to the public record, 1B, Read Place, Bicester is a modern freehold house with 1,829 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1B, Read Place, Bicester is £598,677 and the estimated rental value is £2,330 per month.
Read Place, Ambrosden, Bicester, OX25 is located in the borough of Cherwell within the OX25 postal district.
Our Data Sources
1B, Read Place, Bicester has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated August 2024.
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
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 1B, Read Place, Bicester is in very good condition we estimate a sale value of £628,610 and a rental value of £2,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £556,769 and a rental value of £2,167 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1B, Read Place, Bicester has declined by £8,019 (1.3%), while its estimated rental value has climbed by £78 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Energy Efficiency
1B, Read Place, Bicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Aug 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
According to HM Land Registry, 1B, Read Place, Bicester was last sold on 1st October 2024 for £655,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has risen by 1.4%.
- Sold Oct 2024£655,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Read Place, Bicester within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 1C, Read Place, Bicester, OX25 2BH, a freehold house which sold for £590,000 on the 15th January 2025.
Read more about house prices in OX25.
- Sold Jan 2025£590,000 | 4 Bed House1C, Read Place, Bicester, OX25 2BH1C, Read Place, Bicester, OX25 2BH
- Sold Nov 2021£205,000 | 4 Bed House14, Read Place, Bicester, OX25 2BH14, Read Place, Bicester, OX25 2BH
- Sold Mar 2021£211,000 | 4 Bed House9, Read Place, Bicester, OX25 2BH9, Read Place, Bicester, OX25 2BH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Read Place, Ambrosden, Bicester, OX25 has a total of 34 addresses. According to our analysis of all the public data, 1B, Read Place, Bicester is the 13th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £133k more expensive than the average property in OX25.
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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
The closest station to 1B, Read Place, Bicester is Bicester Village station, which is 1.1 kilometres away.
- 1.1kmBicester Village
- 2.3kmBicester North
- 8.8kmIslip
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
