Oxfordshire

Area Guide For Oxfordshire

Oxford is a city in central southern England, the home of the University of Oxford. The city is the county town of Oxfordshire, and forms a district within the county. It has a population of just under 165,000, of whom 153,900 live within the district boundary. It lies about 50 miles (80 km) north-west of London. The rivers Cherwell and Thames (also sometimes known as the Isis locally) run through Oxford and meet south of the city centre. Oxford has a diverse economic base. Its industries include motor manufacturing, education, publishing and a large number of information technology and science-based businesses. Buildings in Oxford demonstrate an example of every English architectural period since the arrival of the Saxons, including the iconic, mid-18th century Radcliffe Camera. Oxford is known as the "city of dreaming spires", a term coined by poet Matthew Arnold in reference to the harmonious architecture of Oxford's university buildings. The University of Oxford is the oldest university in the English-speaking world. Oxford was first settled in Saxon times, and was initially known as "Oxenaforda", meaning "Ford of the Oxen"; fords were more common than bridges at that

 
 

Oxfordshire Map

Estimated Price: £392,034
Average Asking Price: £483,665
Price change in last one year: £36,160
Average Price Paid: £315,149
Average Rent Rates: £1,882

 
 

Property Prices Breakdown in Oxfordshire

Average Price for property in Oxfordshire is around £392,034 which varies based on type of property you are interested in and ranges from £571,517 for detached house to around £339,312 for semi-detached. Similarly terraced house is around £302,781 and a flat is worth £232,488. Values have been changing and have risen £2,847 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,290 in last 6 months, £36,160 in last 1 year, £49,282 in last 2 years, £60,981 in last 3 years, £52,217 in last 4 years and £59,254 in last 5 years.

Currently average asking price of a property in Oxfordshire is around £483,665 based on approximately 9,199 properties for sale. Same is the case with rental options based on 2,349 properties up for rent, average asking rent is around £1,882 per month.

Estimated property value in Oxfordshire is £392,034. Average asking price is £483,665 while average price paid is £337,034 which is up by £36,160 and Avg. asking rent £1,882.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Oxfordshire area. In last 1 year alone average price buyer paid is around £337,034 based on approximately 9,199 sales in Oxfordshire area alone. If you compare it to last 3 years sales of 26,951 properties where buyers paid around £322,210. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £315,149 for 43,506 and average amount paid for purchase of approx. 57,682 properties sold in last 7 years comes to about £307,017 per sale.

 
 

Properties For Sale in Oxfordshire

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £177,801, £275,139 for a 2 bedroom house, £355,328 for a 3 bedroom house, £535,717 for a 4 bedroom house and £835,536 for a 5 bedroom house. For a flat similarly the prices varies from £166,363 for a single bedroom to £247,468 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £399,476 and £645,500 for a 4 bedroom flat. To sum up the asking prices for properties in Oxfordshire it comes to around average £169,394 for 1 bedroom property, £263,657 for 2 bedroom, £356,139 for 3 bedroom, £536,927 for 4 bedroom and £835,536 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £748 for 1 bedroom to £1,221 for 2 bedrooms, £1,419 for 3 bedrooms, £1,949 for 4 bedrooms and £2,576 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,148. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,394, £1,949 for 3 bedroom, £1,934 for 4 bedroom and around £2,633 for 5 bedroom flat. You should be generally be expecting around average £1,011 rent per month for single bedroom property, £1,316 for 2 bedroom, £1,493 for 3 bedroom, £1,948 for 4 bedroom and approximately £2,579 for a 5 bedroom property in Oxfordshire area.

Popular Houses in Oxfordshire

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Oxfordshire

Areas in and around Oxfordshire