At a Glance
Average Property Price - OX16
£308,904
45
National percentile
Average Monthly Rent - OX
£1,416
76
National percentile
Average Net Household Income - OX16
£39,200
55
National percentile
Flat / Maisonette Yield - OX
5.4%
35
National percentile
10-Year Annualised Price Growth - OX16
4.1%
71
National percentile
10-Year Annualised Rent Growth - OX
3.7%
41
National percentile
Property Price & Volume Trends
The latest average property price in OX16 is £309,000, placing it close to the national midpoint. Over the past decade, prices have grown at 4.1% annually—materially faster than the national average, reflecting solid appreciation despite broader economic volatility. Transaction activity has softened recently, with 670 sales in the latest year compared to a 10-year average of 834 per year, suggesting a modest slowdown in turnover.
Rent & Yield Trends
Average monthly rent in the broader OX postcode area stands at £1,416, well above the national norm and among the most expensive regionally. Ten-year rent growth of 3.7% annually sits slightly below the national pace. The flat yield has improved to 5.4%, up from a 10-year average of 4.5%, indicating strengthening returns for landlords as rents have outpaced capital growth.
Income & Affordability Trends
Average net household income is £39,200, broadly in line with the national median. Purchase affordability has tightened: the price-to-income ratio has risen from 6.9x in 2016 to 7.8x today, making homes less affordable relative to earnings over that period. Rental affordability has similarly deteriorated, with the rent-to-income ratio climbing from 29.4% to 30.7%, indicating that renters are spending a growing share of household income on accommodation.
Resident Demographic Profile
The population skews notably towards working-age adults, with a particularly strong representation of 25–34 year-olds (18.7% vs 13.4% nationally) and 35–49 year-olds (21.6% vs 18.7% nationally), while the over-65 population is considerably underrepresented at 13.6% versus 19.6% nationally. Housing tenure is distinctly renter-dominated: private rental occupancy reaches 32.8%, nearly 11 percentage points above the national average, while outright ownership at 22.4% is well below the 33.7% national baseline. Employment is heavily skewed towards elementary occupations (16.6% vs 10.2% nationally) and plant/machine operatives (13.7% vs 6.6% nationally), reflecting the area's industrial and service economy, whilst professional and managerial roles are underrepresented.