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House Prices in OX29

The average house price in OX29 (Witney) is £1,010,000 using HM Land Registry data.

The average property price increased by £107,607 (3.89%) over the last 5 years and increased by £21,511 (0.69%) over the last 12 months.

Over the last year, there were 222 residential property sales – a decrease of 216 transactions (-97.30%) relative to the previous year. The majority of house sales (60) were in the £280,000 - £372,000 range. Then came properties in the £372,000 - £464,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,891 (-2%).

In June 2024, there were 67 new estate agency instructions, 31 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in OX29 (Witney)

3.89%

Property prices in Witney increased by 3.89% 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 OX29 (Witney) Over the Last Year

0.69%

Property prices in Witney increased by 0.69% 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.

Property Market Heat Gauge for OX29 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 OX29 (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 OX29 (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 OX29 (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 OX29 (Witney) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OX29 postcode area since 1995.

Recent Sales in OX29 (Witney)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12a, Millwood Vale, Long Hanborough, Witney, Oxfordshire, OX29 8DF	£450,000	£441,000	-£9,000	26 Sep 2023	03 May 2024	220 Days
3 Wootton End, Stonesfield, Witney, Oxfordshire, OX29 8EP	£850,000	£825,000	-£25,000	20 Mar 2024	19 Apr 2024	30 Days
14 Churchill Way, Long Hanborough, Witney, Oxfordshire, OX29 8JH	£585,000	£538,000	-£47,000	13 Sep 2023	18 Apr 2024	218 Days
8 Foxburrow Close, Sutton, Witney, Oxfordshire, OX29 5SH	£275,000	£272,500	-£2,500	23 Feb 2024	15 Apr 2024	52 Days
24 Evans Road, Eynsham, Witney, Oxfordshire, OX29 4QR	£350,000	£330,000	-£20,000	23 Sep 2023	28 Mar 2024	187 Days
2 Parklands, Freeland, Witney, Oxfordshire, OX29 8HX	£550,000	£545,000	-£5,000	30 Nov 2023	25 Mar 2024	116 Days
13 Parklands, Freeland, Witney, Oxfordshire, OX29 8HX	£550,000	£540,000	-£10,000	06 Dec 2023	25 Mar 2024	110 Days
3 Bartholomew Close, Ducklington, Witney, Oxfordshire, OX29 7UJ	£425,000	£420,000	-£5,000	10 Nov 2023	22 Mar 2024	133 Days
2 Orchard Close, Eynsham, Witney, Oxfordshire, OX29 4EZ	£775,000	£750,000	-£25,000	10 Sep 2023	20 Mar 2024	192 Days
5 Farmhouse Close, Stanton Harcourt, Witney, Oxfordshire, OX29 5TD	£675,000	£650,000	-£25,000	13 Oct 2023	15 Mar 2024	154 Days
Hayesfield, Middletown, Hailey, Witney, Oxfordshire, OX29 9TA	£700,000	£675,000	-£25,000	08 Nov 2023	15 Mar 2024	128 Days
33 Standlake Road, Ducklington, Witney, Oxfordshire, OX29 7UX	£1,750,000	£1,675,000	-£75,000	21 Sep 2023	08 Feb 2024	140 Days
11 Wenrisc Drive, Minster Lovell, Witney, Oxfordshire, OX29 0SP	£350,000	£345,000	-£5,000	19 Jun 2023	02 Feb 2024	228 Days
Chez Nous, Woodstock Road, Stonesfield, Witney, Oxfordshire, OX29 8EJ	£600,000	£525,000	-£75,000	26 Jun 2023	31 Jan 2024	219 Days
Barrow Cottage, The Green, Leafield, Witney, Oxfordshire, OX29 9NP	£575,000	£571,500	-£3,500	12 Sep 2023	29 Jan 2024	139 Days
5 Common Close, North Leigh, Witney, Oxfordshire, OX29 6RG	£300,000	£295,000	-£5,000	18 Sep 2023	26 Jan 2024	130 Days
19 Greens Road, Eynsham, Witney, Oxfordshire, OX29 4NQ	£415,000	£400,000	-£15,000	06 Oct 2023	25 Jan 2024	111 Days
1 Windmill Road, North Leigh, Witney, Oxfordshire, OX29 6RH	£350,000	£350,000	£00	25 Oct 2023	25 Jan 2024	92 Days
2 Witney Lane, Leafield, Witney, Oxfordshire, OX29 9PG	£450,000	£410,000	-£40,000	13 May 2023	05 Jan 2024	237 Days
75 Common Road, North Leigh, Witney, Oxfordshire, OX29 6RE	£395,000	£390,000	-£5,000	25 Sep 2023	05 Jan 2024	102 Days

Most Expensive Streets in OX29 (Witney)

Postcode	Street	Area	Average	No. of Sales
OX29 8GG	The Paddocks, Stonesfield	Witney	£1,441,666	3
OX29 7RT	High Street, Standlake	Witney	£1,296,699	3
OX29 5AA	Beaumont Green, Sutton	Witney	£1,280,000	3
OX29 5RT	New Road, Sutton	Witney	£1,270,333	3
OX29 8PG	Chatterpie Lane, Combe	Witney	£1,203,000	6
OX29 8GE	Davis Close, Stonesfield	Witney	£1,178,333	6
OX29 6TX	Church Road, North Leigh	Witney	£1,130,000	6
OX29 5SX	Northmoor	Witney	£1,082,142	7
OX29 0RN	Old Minster Lovell, Minster Lovell	Witney	£986,666	3
OX29 9PG	Witney Lane, Leafield	Witney	£930,714	7

Least Expensive Streets in OX29 (Witney)

Postcode	Street	Area	Average	No. of Sales
OX29 7DJ	Mossie Walk	Witney	£190,995	12
OX29 0AQ	Oat Court, Furrow Crescent	Witney	£191,490	5
OX29 8JD	Queen Eleanors Court, Long Hanborough	Witney	£196,000	4
OX29 8JB	Willoughby Fields, Wroslyn Road	Witney	£206,666	3
OX29 8BH	Witney Road, Long Hanborough	Witney	£221,285	7
OX29 8GH	Witney Road, Long Hanborough	Witney	£222,375	8
OX29 8BA	Wasties Orchard, Long Hanborough	Witney	£225,500	4
OX29 4NB	Marlborough Place, Eynsham	Witney	£245,000	3
OX29 8HD	Woodlands, Freeland	Witney	£266,300	3
OX29 4AE	St Michaels House, Acre End Close	Witney	£266,666	3