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House Prices in OX2

The average house price in OX2 (Oxford) is £476,376 using HM Land Registry data.

The average property price increased by £154,762 (1.13%) over the last 5 years and increased by £30,939 (0.21%) over the last 12 months.

Over the last year, there were 336 residential property sales – a decrease of 191 transactions (-56.85%) relative to the previous year. The majority of house sales (121) were in the £320,000 - £558,000 range. Then came properties in the £558,000 - £796,000 range, where 63 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-46,396 (-4%).

In June 2024, there were 93 new estate agency instructions, 59 agreed home sales and 54 property price reductions.

5-Year Average Property Prices in OX2 (Oxford)

1.13%

Property prices in Oxford increased by 1.13% 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 OX2 (Oxford) Over the Last Year

0.21%

Property prices in Oxford increased by 0.21% 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.

Property Market Heat Gauge for OX2 (Oxford) - June 2024

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 OX2 (Oxford)

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 OX2 (Oxford)

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 OX2 (Oxford)

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 OX2 (Oxford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OX2 postcode area since 1995.

Recent Sales in OX2 (Oxford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
9 Hill View Road, Oxford, Oxfordshire, OX2 0DA	£715,000	£700,000	-£15,000	29 Aug 2023	10 Apr 2024	225 Days
34 Millway Close, Oxford, Oxfordshire, OX2 8BL	£209,000	£209,000	£00	16 Jan 2024	05 Apr 2024	80 Days
5 Cunliffe Close, Oxford, Oxfordshire, OX2 7BJ	£750,000	£735,000	-£15,000	03 Oct 2022	04 Apr 2024	549 Days
312c, Woodstock Road, Oxford, Oxfordshire, OX2 7NR	£925,000	£915,000	-£10,000	13 Nov 2023	03 Apr 2024	142 Days
117 Godstow Road, Wolvercote, Oxford, Oxfordshire, OX2 8PG	£600,000	£590,000	-£10,000	31 Oct 2023	02 Apr 2024	154 Days
93 Hamilton Road, Oxford, Oxfordshire, OX2 7QA	£1,395,000	£1,175,000	-£220,000	01 Nov 2023	15 Mar 2024	135 Days
3 Rawson Close, Oxford, Oxfordshire, OX2 8BS	£550,000	£535,000	-£15,000	02 Aug 2023	14 Mar 2024	225 Days
89 Pennywell Drive, Oxford, Oxfordshire, OX2 8ND	£550,000	£540,000	-£10,000	15 Aug 2023	29 Feb 2024	198 Days
Flat 20, Dudley Court, Rogers Street, Oxford, Oxfordshire, OX2 7LX	£330,000	£315,000	-£15,000	03 Jan 2024	26 Feb 2024	54 Days
14 Pixey Place, Oxford, Oxfordshire, OX2 8BB	£645,000	£645,000	£00	16 Nov 2023	09 Feb 2024	85 Days
61 The Glebe, Cumnor, Oxford, Oxfordshire, OX2 9QB	£500,000	£490,000	-£10,000	18 Aug 2023	07 Feb 2024	173 Days
63 Southern By Pass, Oxford, Oxfordshire, OX2 0LA	£375,000	£350,000	-£25,000	13 Sep 2023	05 Feb 2024	145 Days
76 Godstow Road, Wolvercote, Oxford, Oxfordshire, OX2 8NY	£450,000	£400,000	-£50,000	13 Sep 2023	26 Jan 2024	135 Days
19 Cope Close, Oxford, Oxfordshire, OX2 9AJ	£399,999	£366,500	-£33,499	28 Sep 2023	25 Jan 2024	119 Days
9 Tilbury Lane, Oxford, Oxfordshire, OX2 9NB	£625,000	£605,000	-£20,000	12 Jun 2023	22 Jan 2024	224 Days
112 Woodstock Road, Oxford, Oxfordshire, OX2 7NF	£1,750,000	£1,600,000	-£150,000	12 May 2023	22 Jan 2024	255 Days
31 Helen Road, Oxford, Oxfordshire, OX2 0DF	£725,000	£700,000	-£25,000	13 Sep 2023	17 Jan 2024	126 Days
21 Hurst Lane, Cumnor, Oxford, Oxfordshire, OX2 9PR	£440,000	£430,000	-£10,000	01 Sep 2023	12 Jan 2024	133 Days
2 Prestwich Place, Oxford, Oxfordshire, OX2 0ED	£400,000	£395,000	-£5,000	19 Jul 2023	12 Jan 2024	177 Days
86 North Hinksey Lane, Oxford, Oxfordshire, OX2 0LY	£599,950	£586,000	-£13,950	31 May 2023	21 Dec 2023	204 Days

Most Expensive Streets in OX2 (Oxford)

Postcode	Street	Area	Average	No. of Sales
OX2 6UG	Linton Road	Oxford	£5,346,666	3
OX2 6QL	Crick Road	Oxford	£4,912,500	3
OX2 6SF	Norham Road	Oxford	£2,964,166	6
OX2 6JA	Warnborough Road	Oxford	£2,617,500	4
OX2 6LD	St Margarets Road	Oxford	£2,587,500	3
OX2 7NB	Woodstock Road	Oxford	£2,565,000	3
OX2 9JJ	Hids Copse Road	Oxford	£2,460,422	4
OX2 6RX	St Margarets Road	Oxford	£2,431,666	3
OX2 7ET	Lonsdale Road	Oxford	£2,423,333	3
OX2 7AT	Lathbury Road	Oxford	£2,420,000	3

Least Expensive Streets in OX2 (Oxford)

Postcode	Street	Area	Average	No. of Sales
OX2 7PQ	Osberton Road	Oxford	£86,800	5
OX2 0PE	Tumbling Bay Court, Henry Road	Oxford	£143,995	12
OX2 9TA	Parklands, Eynsham Road	Oxford	£160,950	10
OX2 9SP	Wytham View	Oxford	£204,400	5
OX2 9DA	Third Acre Rise	Oxford	£221,000	3
OX2 8BL	Millway Close	Oxford	£223,333	6
OX2 9GE	Raleigh Park Road	Oxford	£235,000	3
OX2 9EW	Larch Close	Oxford	£250,000	4
OX2 0PF	Osney Mews, Henry Road	Oxford	£251,250	3
OX2 7AA	Banbury Road	Oxford	£263,941	17