House Prices in OX17 House Prices in OX17 (Banbury)

The average house price in OX17 (Banbury) is £463,500 using HM Land Registry data.

The average property price increased by £125,514 (13.41%) over the last 5 years and increased by £25,149 (2.21%) over the last 12 months.

Over the last year, there were 192 residential property sales – a decrease of 13 transactions (-6.77%) relative to the previous year. The majority of house sales (61) were in the £250,000 - £368,000 range. Then came properties in the £368,000 - £486,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,000 (-3%).

In Dec 24, there were 13 new estate agency instructions, 22 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in OX17 (Banbury)

13.41%

Property prices in Banbury increased by 13.41% 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 OX17 (Banbury) Over the Last Year

2.21%

Property prices in Banbury increased by 2.21% 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.

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).

Property Market Heat Gauge for OX17 (Banbury) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 OX17 (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 OX17 (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 OX17 (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 OX17 (Banbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OX17 postcode area since 1995.

Recent Sales in OX17 (Banbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Amaryllis Cottage, The Green, Culworth, Banbury, West Northamptonshire, OX17 2BB£585,000£585,000£0016 Sep 202422 Nov 202467 Days
6 South Close, Greatworth, Banbury, West Northamptonshire, OX17 2DZ£367,500£356,000-£11,50021 May 202420 Nov 2024183 Days
8 Kyetts Corner, Cropredy, Banbury, Oxfordshire, OX17 1JW£460,000£445,000-£15,00023 Jul 202419 Nov 2024119 Days
39 St Marys Road, Adderbury, Banbury, Oxfordshire, OX17 3EZ£450,000£445,000-£5,00019 Jul 202415 Nov 2024119 Days
15 Blenheim Rise, Kings Sutton, Banbury, West Northamptonshire, OX17 3QX£315,000£310,000-£5,00022 Jul 202414 Nov 2024115 Days
6 Walnut Close, Culworth, Banbury, West Northamptonshire, OX17 2BJ£500,000£500,000£0016 Jan 202330 Oct 2024653 Days
17 Middleton Road, Chacombe, Banbury, West Northamptonshire, OX17 2JF£575,000£570,000-£5,00015 Jul 202411 Oct 202488 Days
5 Bennett Close, Chacombe, Banbury, West Northamptonshire, OX17 2JZ£360,000£355,000-£5,00018 Jun 202404 Oct 2024108 Days
96 Bull Baulk, Middleton Cheney, Banbury, West Northamptonshire, OX17 2SR£399,950£388,000-£11,95026 Mar 202423 Aug 2024150 Days
13 The Butts, Aynho, Banbury, West Northamptonshire, OX17 3AN£720,000£635,000-£85,00013 Apr 202314 Aug 2024489 Days
Well House, Banbury Lane, Culworth, Banbury, West Northamptonshire, OX17 2AX£499,000£465,000-£34,00019 Apr 202412 Aug 2024115 Days
1 Rose Cottage, Hanwell, Banbury, Oxfordshire, OX17 1HW£585,000£575,000-£10,00001 Mar 202408 Aug 2024160 Days
Ashdown, Creampot Lane, Cropredy, Banbury, Oxfordshire, OX17 1NT£450,000£425,000-£25,00002 Aug 202309 Jul 2024342 Days
15 The Moors Drive, Middleton Cheney, Banbury, West Northamptonshire, OX17 2PN£550,000£540,000-£10,00001 Feb 202405 Jul 2024155 Days
7 Glovers Lane, Middleton Cheney, Banbury, West Northamptonshire, OX17 2NU£265,000£258,000-£7,00005 Mar 202403 Jul 2024120 Days
17 Adderbury Court, Adderbury, Banbury, Oxfordshire, OX17 3NN£365,000£352,500-£12,50023 Feb 202424 Jun 2024122 Days
Thatch End, School Lane, Warmington, Banbury, Warwickshire, OX17 1DE£630,000£602,505-£27,49523 May 202307 Jun 2024381 Days
9 Bowman Close, Middleton Cheney, Banbury, West Northamptonshire, OX17 2QG£260,000£255,000-£5,00018 Jan 202407 Jun 2024141 Days
5 Horton Close, Middleton Cheney, Banbury, West Northamptonshire, OX17 2LQ£350,000£340,000-£10,00027 Oct 202316 May 2024202 Days
12 The Moors Drive, Middleton Cheney, Banbury, West Northamptonshire, OX17 2PN£525,000£500,000-£25,00027 Sep 202301 May 2024217 Days

Most Expensive Streets in OX17 (Banbury)

PostcodeStreetAreaAverageNo. of Sales
OX17 2RUMagpie Road, SulgraveBanbury£1,256,6663
OX17 3HFBerry Hill Road, AdderburyBanbury£903,8889
OX17 3BGRoundtown, AynhoBanbury£896,2504
OX17 3EWHorn Hill Road, AdderburyBanbury£842,5004
OX17 2AEOverthorpeBanbury£823,1254
OX17 1PSStation Road, CropredyBanbury£818,1254
OX17 2BEHigh Street, CulworthBanbury£804,6663
OX17 3ELManor Road, AdderburyBanbury£790,2504
OX17 2EAMarston Road, GreatworthBanbury£746,2484
OX17 3BBCartwright Gardens, AynhoBanbury£745,0005

Least Expensive Streets in OX17 (Banbury)

PostcodeStreetAreaAverageNo. of Sales
OX17 2JLChacombe House Mews, Banbury RoadBanbury£96,1663
OX17 3FLJanet Blunt House, GreenhillBanbury£167,3333
OX17 3BDAynho Court, Croughton RoadBanbury£191,2005
OX17 1NNCup & Saucer, CropredyBanbury£209,6663
OX17 2QGBowman Close, Middleton CheneyBanbury£212,8333
OX17 3FJGreenhill House, GreenhillBanbury£233,2504
OX17 2SSPeacocks Close, Middleton CheneyBanbury£244,5003
OX17 3DYMyers Way, CharltonBanbury£250,0004
OX17 2PEThe Avenue, Middleton CheneyBanbury£255,0003
OX17 2QEBull Baulk, Middleton CheneyBanbury£257,6663

Explore OX17 (Banbury) using map