House Prices in OX28 House Prices in OX28 (Witney)

The average house price in OX28 (Witney) is £349,796 using HM Land Registry data.

The average property price increased by £47,596 (13.26%) over the last 5 years and increased by £9,515 (2.19%) over the last 12 months.

Over the last year, there were 350 residential property sales – a decrease of 90 transactions (-25.71%) relative to the previous year. The majority of house sales (95) were in the £254,000 - £328,000 range. Then came properties in the £328,000 - £402,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,248 (-2%).

In June 2024, there were 44 new estate agency instructions, 50 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in OX28 (Witney)

13.26%

Property prices in Witney increased by 13.26% 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 OX28 (Witney) Over the Last Year

2.19%

Property prices in Witney increased by 2.19% 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 OX28 (Witney) - 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 OX28 (Witney)

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 OX28 (Witney)

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 OX28 (Witney)

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 OX28 (Witney) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OX28 postcode area since 1995.

Recent Sales in OX28 (Witney)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
84 Burwell Meadow, Witney, Oxfordshire, OX28 5JQ£310,000£310,000£0024 Jan 202410 May 2024107 Days
31 Sherbourne Road, Witney, Oxfordshire, OX28 5FQ£260,000£255,000-£5,00026 Dec 202307 May 2024133 Days
33 Campden Close, Witney, Oxfordshire, OX28 5YH£275,000£275,000£0027 Oct 202302 May 2024188 Days
14 Manor Road, Witney, Oxfordshire, OX28 3SR£190,000£187,000-£3,00028 Nov 202315 Apr 2024139 Days
12 Quarry Road, Witney, Oxfordshire, OX28 1JS£255,000£253,000-£2,00028 Nov 202312 Apr 2024136 Days
55 Weavers Close, Witney, Oxfordshire, OX28 4TE£375,000£360,000-£15,00027 Sep 202305 Apr 2024191 Days
19 Crawley Road, Witney, Oxfordshire, OX28 1HX£440,000£404,000-£36,00010 Oct 202305 Apr 2024178 Days
35 Dene Rise, Witney, Oxfordshire, OX28 6LU£430,000£417,000-£13,00007 Aug 202304 Apr 2024241 Days
20 Westcote Close, Witney, Oxfordshire, OX28 5FF£460,000£450,000-£10,00011 Aug 202303 Apr 2024236 Days
32 Stow Avenue, Witney, Oxfordshire, OX28 5GR£325,000£315,000-£10,00016 Jan 202402 Apr 202477 Days
230 Colwell Drive, Witney, Oxfordshire, OX28 5LW£339,950£325,000-£14,95001 Feb 202425 Mar 202453 Days
31 Woodlands Road, Witney, Oxfordshire, OX28 2DR£900,000£880,000-£20,00027 Dec 202325 Mar 202489 Days
14 Lowell Place, Witney, Oxfordshire, OX28 6DX£500,000£490,000-£10,00007 Aug 202322 Mar 2024228 Days
76 Colwell Drive, Witney, Oxfordshire, OX28 5NQ£290,000£285,000-£5,00009 Jan 202420 Mar 202471 Days
43 Eastfield Road, Witney, Oxfordshire, OX28 1HP£325,000£315,000-£10,00007 Nov 202308 Mar 2024122 Days
211 Moorland Road, Witney, Oxfordshire, OX28 6LH£324,995£312,500-£12,49527 Oct 202307 Mar 2024132 Days
35 St Marys Mead, Witney, Oxfordshire, OX28 4EZ£325,000£315,000-£10,00015 Sep 202321 Feb 2024159 Days
167 Thorney Leys, Witney, Oxfordshire, OX28 5PA£400,000£397,500-£2,50011 Oct 202321 Feb 2024133 Days
Flat 5, Captains Mill, West End, Witney, Oxfordshire, OX28 1QL£315,000£305,000-£10,00025 Aug 202319 Feb 2024178 Days
23 Walnut Close, Witney, Oxfordshire, OX28 5XH£380,000£375,000-£5,00030 Jun 202316 Feb 2024231 Days

Most Expensive Streets in OX28 (Witney)

PostcodeStreetAreaAverageNo. of Sales
OX28 1EAWoodstock RoadWitney£1,066,2504
OX28 6EDBurford RoadWitney£834,4378
OX28 1NZNew Yatt RoadWitney£759,49010
OX28 2DRWoodlands RoadWitney£735,6663
OX28 1EDWoodstock RoadWitney£725,0003
OX28 1FUWoodbankWitney£660,0003
OX28 6DJBurford RoadWitney£642,4005
OX28 1QTMillers MewsWitney£626,2504
OX28 1NXNew Yatt RoadWitney£619,1666
OX28 1AXOakdale RoadWitney£610,0004

Least Expensive Streets in OX28 (Witney)

PostcodeStreetAreaAverageNo. of Sales
OX28 1FTMadley Brook LaneWitney£79,2005
OX28 6GEWoodford WayWitney£87,0833
OX28 4FDWindrush Court, St Marys MeadWitney£125,82317
OX28 1GJOtters Court, Priory Mill LaneWitney£137,45221
OX28 6FPHyde Meadow ViewWitney£138,0003
OX28 6DDRiverside GardensWitney£152,6669
OX28 6FLLangdale GateWitney£157,3333
OX28 2EFWoodlands Court, Woodlands RoadWitney£164,5006
OX28 5DLGuild CloseWitney£171,6666
OX28 6GUWoodford WayWitney£176,1666

Explore OX28 (Witney) using map