At a Glance
Average Property Price - OX15
£487,883
79
National percentile
Average Monthly Rent - OX
£1,416
76
National percentile
Average Net Household Income - OX15
£47,039
81
National percentile
Flat / Maisonette Yield - OX
5.4%
35
National percentile
10-Year Annualised Price Growth - OX15
3.2%
34
National percentile
10-Year Annualised Rent Growth - OX
3.7%
41
National percentile
Property Price & Volume Trends
The average property price of £488,000 places OX15 among the most expensive districts nationally. However, over the past decade, the area has experienced relatively modest price growth at 3.2% per annum—below the national average. Transaction activity has slowed notably; the 258 sales recorded in the latest year represent a significant decline from the ten-year average of 359 per annum, reflecting tighter market conditions.
Rent & Yield Trends
Average monthly rent of £1,416 is in the upper quartile nationally. Rental growth over ten years has tracked at 3.7% per annum, slightly below the national pace. The current flat yield of 5.4% has risen materially from its ten-year average of 4.5%, signalling an improving income return for landlords despite modest capital growth.
Income & Affordability Trends
Average household income of £47,039 places the area well above the national average, reflecting its affluent demographic profile. Purchase affordability has deteriorated; the price-to-income ratio has risen from 9.1x in 2016 to 10.7x today, indicating that property has become notably less affordable relative to local earnings. Rental affordability has also weakened slightly, with the rent-to-income ratio climbing from 29.4% to 30.7% over the same period.
Resident Demographic Profile
The population skews notably older, with 20.8% aged 65 or over—above the national average of 19.6%—and only 8.2% aged 16–24, well below the national norm of 11.0%. Owner-occupation is exceptionally strong; 36.7% own outright and 32.5% own with a mortgage, together accounting for nearly 70% of households. The employment base is markedly weighted towards higher-skilled roles: managers comprise 17.8% of the workforce (versus 13.4% nationally), and professionals account for 20.8%. Conversely, elementary and plant/machine roles are underrepresented at 8.5% and 6.2% respectively.