House Prices in SN7 House Prices in SN7 (Faringdon)

The average house price in SN7 (Faringdon) is £336,690 using HM Land Registry data.

The average property price increased by £91,563 (16.96%) over the last 5 years and increased by £18,305 (2.72%) over the last 12 months.

Over the last year, there were 161 residential property sales – a decrease of 150 transactions (-93.17%) relative to the previous year. The majority of house sales (47) were in the £290,000 - £380,000 range. Then came properties in the £200,000 - £290,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,944 (-3%).

In June 2024, there were 48 new estate agency instructions, 24 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in SN7 (Faringdon)

16.96%

Property prices in Faringdon increased by 16.96% 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 SN7 (Faringdon) Over the Last Year

2.72%

Property prices in Faringdon increased by 2.72% 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 SN7 (Faringdon) - 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 SN7 (Faringdon)

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 SN7 (Faringdon)

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 SN7 (Faringdon)

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 SN7 (Faringdon) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SN7 postcode area since 1995.

Recent Sales in SN7 (Faringdon)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Coxwell Street, Faringdon, Oxfordshire, SN7 7HA£410,000£405,000-£5,00011 Sep 202309 Apr 2024211 Days
1 Fernham Gate, Faringdon, Oxfordshire, SN7 7LR£325,000£305,000-£20,00016 Nov 202328 Mar 2024133 Days
19a, Gloucester Street, Faringdon, Oxfordshire, SN7 7JA£280,000£278,000-£2,00027 Oct 202322 Mar 2024147 Days
3 Horsecroft, Stanford In The Vale, Faringdon, Oxfordshire, SN7 8LL£350,000£330,000-£20,00017 Nov 202322 Mar 2024126 Days
13 Manor Crescent, Stanford In The Vale, Faringdon, Oxfordshire, SN7 8NA£199,950£192,500-£7,45031 Aug 202326 Feb 2024179 Days
42 Tyrell Close, Stanford In The Vale, Faringdon, Oxfordshire, SN7 8EY£319,950£319,950£0026 Sep 202312 Feb 2024139 Days
Flat 29, Eastfield Court, Church Street, Faringdon, Oxfordshire, SN7 8SL£160,000£155,000-£5,00002 Nov 202226 Jan 2024450 Days
Fernham House, Fernham Road, Faringdon, Oxfordshire, SN7 7LB£1,000,000£900,000-£100,00006 Jun 202219 Jan 2024592 Days
5 Westminster Court, Buckland, Faringdon, Oxfordshire, SN7 8PP£620,000£565,000-£55,00023 Jun 202308 Jan 2024199 Days
68 Marlborough Gardens, Faringdon, Oxfordshire, SN7 7DN£320,000£300,000-£20,00005 Apr 202308 Dec 2023247 Days
3 Laggots Close, Hinton Waldrist, Faringdon, Oxfordshire, SN7 8RY£350,000£342,500-£7,50022 Aug 202304 Dec 2023104 Days
1 Combes Close, Faringdon, Oxfordshire, SN7 8SR£400,000£397,500-£2,50021 Jul 202330 Nov 2023132 Days
8 Treadwells, Stanford In The Vale, Faringdon, Oxfordshire, SN7 8UA£210,000£200,000-£10,00002 Aug 202324 Nov 2023114 Days
3 Spencers Close, Stanford In The Vale, Faringdon, Oxfordshire, SN7 8NG£675,000£650,000-£25,00026 May 202324 Nov 2023182 Days
41 Tuckers Road, Faringdon, Oxfordshire, SN7 7YQ£395,000£390,000-£5,00021 Sep 202317 Nov 202357 Days
10 Town End Road, Faringdon, Oxfordshire, SN7 7UP£285,000£280,000-£5,00026 Jun 202303 Nov 2023130 Days
4 Meadow Way, Faringdon, Oxfordshire, SN7 7UL£295,000£280,000-£15,00004 Jul 202313 Oct 2023101 Days
4 Church Street, Shellingford, Faringdon, Oxfordshire, SN7 7QA£499,950£475,000-£24,95027 Apr 202305 Oct 2023161 Days
35 Tyrell Close, Stanford In The Vale, Faringdon, Oxfordshire, SN7 8EY£330,000£330,000£0022 May 202315 Sep 2023116 Days
Gibbons Cottage, Broad Street, Uffington, Faringdon, Oxfordshire, SN7 7RA£450,000£441,800-£8,20002 May 202301 Sep 2023122 Days

Most Expensive Streets in SN7 (Faringdon)

PostcodeStreetAreaAverageNo. of Sales
SN7 8RDBuckland MarshFaringdon£1,449,6933
SN7 8QRBucklandFaringdon£1,137,1427
SN7 8HUChurch Green, Stanford In The ValeFaringdon£1,000,0006
SN7 8PAGooseyFaringdon£966,7857
SN7 7REUffingtonFaringdon£917,5003
SN7 8JNRagnell Barns, Carswell MarshFaringdon£871,0005
SN7 8QSBucklandFaringdon£863,7504
SN7 7UXWhite Horse View, FernhamFaringdon£857,3333
SN7 7SQLower Common, UffingtonFaringdon£834,1663
SN7 8RBBucklandFaringdon£733,2003

Least Expensive Streets in SN7 (Faringdon)

PostcodeStreetAreaAverageNo. of Sales
SN7 7GHHabgood CourtFaringdon£80,3754
SN7 7BSGranary Mews, Swan LaneFaringdon£114,8124
SN7 7ABDove Court, Swan LaneFaringdon£133,25926
SN7 7HBCoxwell GardensFaringdon£149,4166
SN7 8SLEastfield Court, Church Street, FaringdonFaringdon£165,1378
SN7 7AFSwan LaneFaringdon£168,9845
SN7 7JHWalnut CourtFaringdon£193,2504
SN7 7DTEaglesFaringdon£195,96113
SN7 7AXCadels RowFaringdon£196,5003
SN7 7BQCromwell CloseFaringdon£201,3927

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