Property trends for CO2

    CO2 covers the central Oxford area, including the city centre and surrounding residential neighbourhoods. It is a mixed urban district with a blend of academic, commercial, and residential character.

    At a Glance

    Average Property Price - CO2

    £310,548

    45

    National percentile

    Average Monthly Rent - CO

    £1,123

    62

    National percentile

    Average Net Household Income - CO2

    £43,143

    70

    National percentile

    Flat / Maisonette Yield - CO

    6.1%

    80

    National percentile

    10-Year Annualised Price Growth - CO2

    4.4%

    78

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    Property Price & Volume Trends

    The average property price of £311,000 sits around the national middle ground. However, the district has experienced notably strong growth over the past decade, with prices rising at 4.4% annually—among the fastest-growing areas nationally. Transaction activity has moderated recently, with 441 sales in the latest year compared to a 10-year average of 605, suggesting a quieter market by recent standards.

    Rent & Yield Trends

    Average monthly rents of £1,123 sit above the national midpoint, reflecting stronger-than-average rental demand. Rental growth has been particularly robust, rising 4.8% per year over the past decade—well above the national trend. The flat yield of 6.1% is notably higher than the 10-year average of 4.9%, signalling improved returns for landlords in the recent period.

    Income & Affordability Trends

    Household incomes average £43,143, placing the area in the upper half nationally. The price-to-income ratio of 7.0x has risen from 6.1x in 2016, indicating that purchasing affordability has worsened over this period despite strong local incomes. Rental affordability has also deteriorated: the rent-to-income ratio has climbed from 24% to 27.8%, meaning renters now spend a notably larger share of earnings on housing.

    Resident Demographic Profile

    The population skews notably younger than national averages, with 21.1% under 15—well above the 17.5% national figure. The private rented sector is unusually dominant at 27.1%, significantly higher than the 21.7% national average, reflecting the transient and student populations typical of Oxford. Employment is skewed towards technical roles (15.3%) and caring professions (12.4%), both above national norms, while the professional workforce is slightly underrepresented at 17.4%.

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