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House Prices in OX15

The average house price in OX15 (Banbury) is £461,875 using HM Land Registry data.

The average property price increased by £151,541 (27.16%) over the last 5 years and increased by £30,364 (4.07%) over the last 12 months.

Over the last year, there were 175 residential property sales – a decrease of 80 transactions (-45.71%) relative to the previous year. The majority of house sales (60) were in the £240,000 - £348,000 range. Then came properties in the £348,000 - £456,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,747 (-3%).

In Oct 24, there were 52 new estate agency instructions, 40 agreed home sales and 49 property price reductions.

5-Year Average Property Prices in OX15 (Banbury)

27.16%

Property prices in Banbury increased by 27.16% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in OX15 (Banbury) Over the Last Year

4.07%

Property prices in Banbury increased by 4.07% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for OX15 (Banbury) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in OX15 (Banbury)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in OX15 (Banbury)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in OX15 (Banbury)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the OX15 (Banbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OX15 postcode area since 1995.

Recent Sales in OX15 (Banbury)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 Park End, Bodicote, Banbury, Oxfordshire, OX15 4DF	£290,000	£280,000	-£10,000	26 Mar 2024	09 Aug 2024	136 Days
4 Freemans Road, Bodicote, Banbury, Oxfordshire, OX15 4DT	£320,000	£310,000	-£10,000	09 Jan 2024	23 Jul 2024	196 Days
16 Orchard Close, Lower Brailes, Banbury, Warwickshire, OX15 5AH	£550,000	£525,000	-£25,000	05 Feb 2024	23 Jul 2024	169 Days
5 Oxhey Rise, Wigginton, Banbury, Oxfordshire, OX15 4JY	£325,000	£320,000	-£5,000	05 Mar 2024	12 Jul 2024	129 Days
Maddocks House, Woodway Road, Sibford Ferris, Banbury, Oxfordshire, OX15 5RF	£975,000	£975,000	£00	02 Feb 2024	05 Jul 2024	154 Days
45 Jeffs Close, Lower Brailes, Banbury, Warwickshire, OX15 5AJ	£310,000	£295,000	-£15,000	26 Jan 2024	02 Jul 2024	158 Days
22 Winters Way, Bloxham, Banbury, Oxfordshire, OX15 4QS	£260,000	£260,000	£00	07 Feb 2024	28 Jun 2024	142 Days
The Croft, Banbury Road, Bloxham, Banbury, Oxfordshire, OX15 4PB	£450,000	£410,000	-£40,000	13 Oct 2023	26 Jun 2024	257 Days
Manaton, The Green, Barford St Michael, Banbury, Oxfordshire, OX15 0RN	£650,000	£640,000	-£10,000	21 Feb 2024	21 Jun 2024	121 Days
127 Courtington Lane, Bloxham, Banbury, Oxfordshire, OX15 4HS	£415,000	£407,000	-£8,000	04 Dec 2023	13 Jun 2024	192 Days
11 Bishops Close, Barford St Michael, Banbury, Oxfordshire, OX15 0RU	£310,000	£310,000	£00	12 Sep 2023	06 Jun 2024	268 Days
3 Colegrave Road, Bloxham, Banbury, Oxfordshire, OX15 4NT	£535,000	£507,000	-£28,000	17 Mar 2023	03 May 2024	413 Days
22 Brookside Way, Bloxham, Banbury, Oxfordshire, OX15 4HY	£495,000	£475,000	-£20,000	18 Dec 2023	19 Apr 2024	123 Days
Flat 3, Grove Court, The Grove, Deddington, Banbury, Oxfordshire, OX15 0TZ	£100,000	£95,000	-£5,000	14 Sep 2023	17 Apr 2024	216 Days
16 Sideleigh Road, Bodicote, Banbury, Oxfordshire, OX15 4AY	£260,000	£250,000	-£10,000	22 Dec 2023	16 Apr 2024	116 Days
1 Strawberry Hill, Bloxham, Banbury, Oxfordshire, OX15 4NN	£350,000	£342,500	-£7,500	06 Dec 2023	04 Apr 2024	120 Days
10 Church Street, Bodicote, Banbury, Oxfordshire, OX15 4DW	£250,000	£235,000	-£15,000	05 Dec 2023	02 Apr 2024	119 Days
Virginia House, Church Street, Bodicote, Banbury, Oxfordshire, OX15 4DW	£595,000	£571,000	-£24,000	08 Sep 2023	27 Mar 2024	201 Days
52 Danvers Road, Broughton, Banbury, Oxfordshire, OX15 5DU	£380,000	£359,500	-£20,500	31 Aug 2023	22 Mar 2024	204 Days
Charlemont House, Barford Road, Bloxham, Banbury, Oxfordshire, OX15 4EZ	£990,000	£953,000	-£37,000	31 Aug 2023	08 Mar 2024	190 Days

Most Expensive Streets in OX15 (Banbury)

Postcode	Street	Area	Average	No. of Sales
OX15 4JE	South Newington	Banbury	£1,936,666	3
OX15 5TB	Upper Tadmarton	Banbury	£1,140,833	6
OX15 5BE	Sutton Under Brailes	Banbury	£999,000	5
OX15 4JX	School Lane, Wigginton	Banbury	£970,000	8
OX15 6BJ	Horley	Banbury	£935,500	5
OX15 6AQ	School Lane, North Newington	Banbury	£921,875	4
OX15 0PA	Clifton	Banbury	£913,333	3
OX15 4LD	Wigginton	Banbury	£905,000	3
OX15 0TD	Hopcraft Lane, Deddington	Banbury	£848,333	3
OX15 4PU	Little Bridge Road, Bloxham	Banbury	£824,003	3

Least Expensive Streets in OX15 (Banbury)

Postcode	Street	Area	Average	No. of Sales
OX15 6BA	Friars Hill, Wroxton	Banbury	£89,666	3
OX15 0TZ	The Grove, Deddington	Banbury	£178,907	7
OX15 4HA	Quarry Close, Bloxham	Banbury	£209,071	7
OX15 4AN	Keyser Road, Bodicote	Banbury	£210,500	4
OX15 4QS	Winters Way, Bloxham	Banbury	£221,714	14
OX15 4RJ	New Road, Milcombe	Banbury	£231,500	4
OX15 4RX	The Green, Milcombe	Banbury	£232,741	6
OX15 4GD	Robins Way, Bodicote	Banbury	£235,930	5
OX15 4RN	Newcombe Close, Milcombe	Banbury	£249,481	6
OX15 4SB	Barlow Close, Milcombe	Banbury	£250,000	3