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House Prices in OX28 House Prices in OX28 (Witney)

The average house price in OX28 (Witney) is £346,106 using HM Land Registry data.

The average property price increased by £23,254 (13.26%) over the last 5 years and increased by £4,659 (2.19%) over the last 12 months.

Over the last year, there were 370 residential property sales – a decrease of 62 transactions (-16.76%) relative to the previous year. The majority of house sales (90) were in the £304,000 - £366,000 range. Then came properties in the £366,000 - £428,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 140 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,189 (-2%).

In Dec 24, there were 25 new estate agency instructions, 28 agreed home sales and 13 property price reductions.

Nearby Postcodes: OX13, OX18, OX2, OX20, OX29, OX5, OX7

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) - 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 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
6 Pine Rise, Witney, Oxfordshire, OX28 1EY£299,950£287,000-£12,95029 Jul 202427 Nov 2024121 Days
22 St Marys Mead, Witney, Oxfordshire, OX28 4EZ£325,000£260,000-£65,00003 Feb 202222 Nov 20241023 Days
45 Priory Mill Lane, Witney, Oxfordshire, OX28 1YG£230,000£230,000£0015 Mar 202422 Nov 2024252 Days
51 Sherbourne Road, Witney, Oxfordshire, OX28 5FQ£260,000£248,000-£12,00012 Jul 202415 Nov 2024126 Days
61 Corn Street, Witney, Oxfordshire, OX28 6BT£875,000£875,000£0012 Apr 202414 Nov 2024216 Days
23 Early Road, Witney, Oxfordshire, OX28 1EW£575,000£535,000-£40,00011 Dec 202313 Nov 2024338 Days
7 Kingsfield Crescent, Witney, Oxfordshire, OX28 2JB£300,000£300,000£0011 Mar 202408 Nov 2024242 Days
30 Valence Crescent, Witney, Oxfordshire, OX28 5FT£575,000£550,000-£25,00009 Jul 202408 Nov 2024122 Days
22 Schofield Avenue, Witney, Oxfordshire, OX28 1JN£425,000£405,000-£20,00010 Jul 202407 Nov 2024120 Days
8 Drake Lane, Witney, Oxfordshire, OX28 1BN£360,000£360,000£0022 Jul 202404 Nov 2024105 Days
31 Schofield Avenue, Witney, Oxfordshire, OX28 1JR£350,000£345,000-£5,00026 Mar 202401 Nov 2024220 Days
108 Early Road, Witney, Oxfordshire, OX28 1EU£725,000£725,000£0019 Feb 202401 Nov 2024256 Days
44a, Park Road, Witney, Oxfordshire, OX28 6EN£425,000£420,000-£5,00016 May 202428 Oct 2024165 Days
14 Bakers Piece, Witney, Oxfordshire, OX28 1PQ£250,000£250,000£0007 May 202425 Oct 2024171 Days
45 Stow Avenue, Witney, Oxfordshire, OX28 5GP£300,000£292,500-£7,50018 Mar 202425 Oct 2024221 Days
398 Thorney Leys, Witney, Oxfordshire, OX28 5PJ£315,000£305,000-£10,00014 Jun 202425 Oct 2024133 Days
30 Vanner Road, Witney, Oxfordshire, OX28 1PF£650,000£625,000-£25,00027 Oct 202321 Oct 2024360 Days
4 Weavers Close, Witney, Oxfordshire, OX28 4TF£335,000£335,000£0018 Jul 202418 Oct 202492 Days
12 Pensclose, Witney, Oxfordshire, OX28 2EQ£300,000£295,000-£5,00016 Apr 202418 Oct 2024185 Days
38 Waterford Road, Witney, Oxfordshire, OX28 1FF£335,000£335,000£0012 Mar 202416 Aug 2024157 Days

Most Expensive Streets in OX28 (Witney)

PostcodeStreetAreaAverageNo. of Sales
OX28 1EAWoodstock RoadWitney£1,193,3333
OX28 6EDBurford RoadWitney£878,3128
OX28 1NZNew Yatt RoadWitney£747,8229
OX28 2DRWoodlands RoadWitney£735,6663
OX28 2DNWoodlands RoadWitney£681,3333
OX28 1FUWoodbankWitney£660,0003
OX28 6DJBurford RoadWitney£642,4005
OX28 1NXNew Yatt RoadWitney£633,1254
OX28 5GAStanway CloseWitney£632,5003
OX28 6PEApplegarth CourtWitney£616,6663

Least Expensive Streets in OX28 (Witney)

PostcodeStreetAreaAverageNo. of Sales
OX28 1FTMadley Brook LaneWitney£81,6005
OX28 4FDWindrush Court, St Marys MeadWitney£121,31216
OX28 1GJOtters Court, Priory Mill LaneWitney£131,47520
OX28 6DDRiverside GardensWitney£152,90010
OX28 6FLLangdale GateWitney£157,3333
OX28 2EFWoodlands Court, Woodlands RoadWitney£164,5006
OX28 5DLGuild CloseWitney£171,6666
OX28 6GBWoodford WayWitney£178,3333
OX28 4TQLakeside, Ducklington LaneWitney£183,3005
OX28 6GUWoodford WayWitney£183,4166

Explore OX28 (Witney) using map

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