House Prices in OX27 House Prices in OX27 (Bicester)

The average house price in OX27 (Bicester) is £505,000 using HM Land Registry data.

The average property price increased by £61,695 (25.18%) over the last 5 years and increased by £12,334 (3.82%) over the last 12 months.

Over the last year, there were 67 residential property sales – a decrease of 48 transactions (-71.64%) relative to the previous year. The majority of house sales (19) were in the £342,000 - £414,000 range. Then came properties in the £270,000 - £342,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,900 (-3%).

In June 2024, there were 32 new estate agency instructions, 13 agreed home sales and 15 property price reductions.

5-Year Average Property Prices in OX27 (Bicester)

25.18%

Property prices in Bicester increased by 25.18% 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 OX27 (Bicester) Over the Last Year

3.82%

Property prices in Bicester increased by 3.82% 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 OX27 (Bicester) - 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 OX27 (Bicester)

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 OX27 (Bicester)

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 OX27 (Bicester)

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 OX27 (Bicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OX27 postcode area since 1995.

Recent Sales in OX27 (Bicester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
The Krug, Water Lane, Fewcott, Bicester, Oxfordshire, OX27 7NX£575,000£560,000-£15,00008 Sep 202323 Feb 2024168 Days
16 Montgomery Road, Caversfield, Bicester, Oxfordshire, OX27 8FG£460,000£450,000-£10,00029 Aug 202312 Feb 2024167 Days
31 Thompson Drive, Caversfield, Bicester, Oxfordshire, OX27 8FA£375,000£370,000-£5,00031 May 202308 Dec 2023191 Days
Bellstone House, The Green, Fringford, Bicester, Oxfordshire, OX27 8DY£547,500£530,000-£17,50018 Jul 202301 Dec 2023136 Days
6 The Crossway, Ardley, Bicester, Oxfordshire, OX27 7PT£340,000£330,000-£10,00014 Jul 202324 Nov 2023133 Days
22 Turnpike Road, Bicester, Oxfordshire, OX27 8UP£280,000£278,000-£2,00008 Aug 202321 Nov 2023105 Days
42 Woodcote Road, Bicester, Oxfordshire, OX27 8UA£350,000£330,330-£19,67017 May 202317 Nov 2023184 Days
1 Cherry Street, Stratton Audley, Bicester, Oxfordshire, OX27 9AA£320,000£320,000£0017 Jul 202317 Oct 202392 Days
23 Middleton Road, Bucknell, Bicester, Oxfordshire, OX27 7LZ£600,000£597,500-£2,50031 Jul 202328 Sep 202359 Days
4 Montgomery Road, Caversfield, Bicester, Oxfordshire, OX27 8FG£450,000£440,000-£10,00003 May 202322 Sep 2023142 Days
3 Westbury Terrace, Marsh Gibbon, Bicester, Buckinghamshire, OX27 0HD£350,000£329,999-£20,00117 May 202313 Sep 2023119 Days
11 Church Close, Fringford, Bicester, Oxfordshire, OX27 8DR£325,000£300,000-£25,00009 Mar 202304 Sep 2023179 Days
23 Fewcott Road, Fritwell, Bicester, Oxfordshire, OX27 7QA£350,000£340,000-£10,00004 Apr 202218 Aug 2023501 Days
44 Fairhaven Road, Caversfield, Bicester, Oxfordshire, OX27 8TU£300,000£300,000£0023 Feb 202303 Aug 2023161 Days
21 Skimmingdish Lane, Bicester, Oxfordshire, OX27 8UW£290,000£285,000-£5,00017 Jan 202328 Jul 2023192 Days
36 Ardley Road, Fewcott, Bicester, Oxfordshire, OX27 7PA£485,000£485,000£0021 Feb 202317 Jul 2023146 Days
23 East Street, Fritwell, Bicester, Oxfordshire, OX27 7PX£425,000£401,000-£24,00009 May 202313 Jul 202365 Days
79 East Street, Fritwell, Bicester, Oxfordshire, OX27 7QF£400,000£387,000-£13,00023 Nov 202211 Jul 2023230 Days
15 Glen Close, Stratton Audley, Bicester, Oxfordshire, OX27 9BY£375,000£352,500-£22,50026 Nov 202230 Jun 2023216 Days
10 Turnpike Road, Bicester, Oxfordshire, OX27 8UP£305,000£305,000£0027 Feb 202306 Jun 202399 Days

Most Expensive Streets in OX27 (Bicester)

PostcodeStreetAreaAverageNo. of Sales
OX27 9ATStoke Lyne Road, Stratton AudleyBicester£1,173,3333
OX27 0ETChurch Street, Marsh GibbonBicester£979,3333
OX27 0HJCastle Street, Marsh GibbonBicester£963,1254
OX27 9ASLaunton Road, Stratton AudleyBicester£848,7504
OX27 8DPMain Street, FringfordBicester£701,2005
OX27 0HGClements Lane, Marsh GibbonBicester£700,0003
OX27 9BBMain Street, PoundonBicester£696,2504
OX27 0AYBerry Close, Marsh GibbonBicester£600,3128
OX27 0HNStation Road, Marsh GibbonBicester£596,2504
OX27 8ERChervil GroveBicester£582,9217

Least Expensive Streets in OX27 (Bicester)

PostcodeStreetAreaAverageNo. of Sales
OX27 0HRMillfield Close, Marsh GibbonBicester£191,2504
OX27 9ARStratton Audley Manor, Mill RoadBicester£240,8336
OX27 8URTurnpike RoadBicester£242,8333
OX27 8UBWoodcote RoadBicester£255,7005
OX27 8TXFairhaven RoadBicester£257,0009
OX27 8UWSkimmingdish LaneBicester£261,2504
OX27 8UPTurnpike RoadBicester£265,8577
OX27 8USManzel RoadBicester£271,8005
OX27 7PYOld School Lane, FritwellBicester£278,3333
OX27 0AFLittle Marsh Road, Marsh GibbonBicester£279,3333

Explore OX27 (Bicester) using map