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House Prices in OX28 House Prices in OX28 (Witney)

The average house price in OX28 (Witney) is £365,250 using HM Land Registry data.

The average property price increased by £28,882 (13.26%) over the last 5 years and increased by £5,787 (2.19%) over the last 12 months.

Over the last year, there were 336 residential property sales – a decrease of 89 transactions (-26.49%) relative to the previous year. The majority of house sales (87) were in the £314,000 - £386,000 range. Then came properties in the £242,000 - £314,000 range, where 67 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 £-8,248 (-2%).

In Oct 24, there were 67 new estate agency instructions, 45 agreed home sales and 36 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) - 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 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
38 Waterford Road, Witney, Oxfordshire, OX28 1FF£335,000£335,000£0012 Mar 202416 Aug 2024157 Days
5 Schofield Gardens, Witney, Oxfordshire, OX28 1JY£500,000£470,000-£30,00015 Feb 202409 Aug 2024176 Days
116 Wadards Meadow, Witney, Oxfordshire, OX28 3YX£300,000£290,000-£10,00019 Feb 202402 Aug 2024165 Days
38 Stanway Close, Witney, Oxfordshire, OX28 5GA£640,000£592,500-£47,50014 Jun 202426 Jul 202442 Days
43 St Marys Mead, Witney, Oxfordshire, OX28 4EZ£295,000£250,000-£45,00026 Sep 202319 Jul 2024297 Days
78 Dark Lane, Witney, Oxfordshire, OX28 6LX£420,000£418,000-£2,00002 Feb 202419 Jul 2024168 Days
15 Stanton Harcourt Road, Witney, Oxfordshire, OX28 3LE£485,000£485,000£0026 Apr 202419 Jul 202484 Days
94 Eton Close, Witney, Oxfordshire, OX28 3GB£415,000£415,000£0005 Mar 202419 Jul 2024136 Days
12 Orkney Place, Witney, Oxfordshire, OX28 4DY£405,000£405,000£0017 Apr 202417 Jul 202491 Days
59 Farmington Drive, Witney, Oxfordshire, OX28 5GH£199,950£190,000-£9,95001 Mar 202415 Jul 2024136 Days
214 Manor Road, Witney, Oxfordshire, OX28 3ST£425,000£425,000£0009 Feb 202412 Jul 2024154 Days
37a, Woodstock Road, Witney, Oxfordshire, OX28 1EB£700,000£670,000-£30,00030 Aug 202305 Jul 2024310 Days
168 Manor Road, Witney, Oxfordshire, OX28 3SS£320,000£308,000-£12,00029 Jan 202402 Jul 2024155 Days
43 Idbury Close, Witney, Oxfordshire, OX28 5FE£495,000£487,500-£7,50017 Apr 202428 Jun 202472 Days
35 Campden Close, Witney, Oxfordshire, OX28 5YH£290,000£282,500-£7,50029 Feb 202414 Jun 2024106 Days
44 Ducklington Lane, Witney, Oxfordshire, OX28 5JA£435,000£425,000-£10,00026 Dec 202313 Jun 2024170 Days
121 Cogges Hill Road, Witney, Oxfordshire, OX28 3XU£375,000£370,000-£5,00019 Sep 202313 Jun 2024268 Days
60 St Marys Mead, Witney, Oxfordshire, OX28 4EZ£290,000£280,000-£10,00026 Jan 202413 Jun 2024139 Days
16 Millers Mews, Witney, Oxfordshire, OX28 1QT£350,000£350,000£0030 Jan 202412 Jun 2024134 Days
162 Burwell Meadow, Witney, Oxfordshire, OX28 5JJ£484,950£475,000-£9,95029 Sep 202312 Jun 2024257 Days

Most Expensive Streets in OX28 (Witney)

PostcodeStreetAreaAverageNo. of Sales
OX28 1EAWoodstock RoadWitney£1,193,3333
OX28 6EDBurford RoadWitney£833,6427
OX28 1NZNew Yatt RoadWitney£747,8229
OX28 2DRWoodlands RoadWitney£735,6663
OX28 1FUWoodbankWitney£660,0003
OX28 6DJBurford RoadWitney£642,4005
OX28 1NXNew Yatt RoadWitney£633,1254
OX28 5GAStanway CloseWitney£632,5003
OX28 6PEApplegarth CourtWitney£628,7504
OX28 1DBWoodgreenWitney£613,7504

Least Expensive Streets in OX28 (Witney)

PostcodeStreetAreaAverageNo. of Sales
OX28 1FTMadley Brook LaneWitney£80,6666
OX28 4FDWindrush Court, St Marys MeadWitney£124,06615
OX28 1GJOtters Court, Priory Mill LaneWitney£132,45221
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 1YGPriory Mill LaneWitney£180,9378
OX28 6GUWoodford WayWitney£183,4166

Explore OX28 (Witney) using map

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