Bicester

Area Guide For Bicester

Bicester is a town and civil parish in the Cherwell district of northeastern Oxfordshire in England. This historic market centre is one of the fastest growing towns in Oxfordshire Development has been favoured by its proximity to junction 9 of the M40 motorway linking it to London, Birmingham and Banbury. It has good road links to Oxford, Kidlington, Brackley, Buckingham, Aylesbury and Witney, as well as rail service. Bicester has a history going back to Saxon times. The name Bicester, which has been in use since the mid 17th century, derives from earlier forms including Berncestre, Burencestre, Burcester, Biciter and Bissiter (the John Speed map of 1610 shows four alternative spellings and Miss G. H. Dannatt found 45 variants in wills of the 17th and 18th centuries). Theories advanced for the meaning of the name include "of Beorna" (a personal name), "The Fort of the Warriors" or literally from Latin Bi-cester to mean "The 2 forts". The ruins of the Roman settlement of Alchester are 2 miles (3.2 km) southwest of the town and remains of an Augustinian priory founded in 1180 survive in the town centre. The West Saxons established a settlement in the 6th century

 
 

Bicester Map

Estimated Price: £323,201
Average Asking Price: £364,918
Price change in last one year: £23,125
Average Price Paid: £254,953
Average Rent Rates: £1,462

 
 

Property Prices Breakdown in Bicester

Average Price for property in Bicester is around £323,201 which varies based on type of property you are interested in and ranges from £448,428 for detached house to around £281,147 for semi-detached. Similarly terraced house is around £234,845 and a flat is worth £177,425. Values have been changing and have risen £246 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £637 in last 6 months, £23,125 in last 1 year, £37,638 in last 2 years, £48,721 in last 3 years, £46,617 in last 4 years and £45,699 in last 5 years.

Currently average asking price of a property in Bicester is around £364,918 based on approximately 910 properties for sale. Same is the case with rental options based on 138 properties up for rent, average asking rent is around £1,462 per month.

Estimated property value in Bicester is £323,201. Average asking price is £364,918 while average price paid is £282,197 which is up by £23,125 and Avg. asking rent £1,462.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bicester area. In last 1 year alone average price buyer paid is around £282,197 based on approximately 910 sales in Bicester area alone. If you compare it to last 3 years sales of 2,481 properties where buyers paid around £262,741. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £254,953 for 3,725 and average amount paid for purchase of approx. 4,844 properties sold in last 7 years comes to about £247,702 per sale.

 
 

Properties For Sale in Bicester

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £170,999, £235,863 for a 2 bedroom house, £297,891 for a 3 bedroom house, £445,611 for a 4 bedroom house and £624,410 for a 5 bedroom house. For a flat similarly the prices varies from £190,168 for a single bedroom to £220,747 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £275,000. To sum up the asking prices for properties in Bicester it comes to around average £185,123 for 1 bedroom property, £232,457 for 2 bedroom, £297,732 for 3 bedroom, £445,611 for 4 bedroom and £624,410 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £694 for 1 bedroom to £986 for 2 bedrooms, £1,222 for 3 bedrooms, £1,706 for 4 bedrooms and £1,975 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £683. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,040. You should be generally be expecting around average £688 rent per month for single bedroom property, £998 for 2 bedroom, £1,222 for 3 bedroom, £1,706 for 4 bedroom and approximately £1,975 for a 5 bedroom property in Bicester area.

Popular Houses in Bicester

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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