At a Glance
Average Property Price - OX28
£358,479
58
National percentile
Average Monthly Rent - OX
£1,416
76
National percentile
Average Net Household Income - OX28
£43,758
72
National percentile
Flat / Maisonette Yield - OX
5.4%
35
National percentile
10-Year Annualised Price Growth - OX28
2.2%
12
National percentile
10-Year Annualised Rent Growth - OX
3.7%
41
National percentile
Property Price & Volume Trends
The average property price of £358,479 sits slightly above the national midpoint. Price growth over the past decade has averaged 2.2% annually—among the slowest nationally, reflecting a more subdued market trajectory than typical. Transaction activity in the latest year numbered 381 sales, down from a 10-year average of 459, indicating reduced market momentum.
Rent & Yield Trends
Average monthly rent of £1,416 places the broader OX area among the pricier markets nationally for tenants. Rent growth over ten years has averaged 3.7% annually, close to the national pace. The flat yield currently stands at 5.4%, notably higher than its 10-year average of 4.5%, suggesting improved returns for landlords in recent conditions.
Income & Affordability Trends
Average household income of £43,758 sits comfortably above the national average, reflecting an affluent local population. The current price-to-income ratio of 8.3x represents a modest improvement from 8.6x in 2016, making ownership marginally more achievable. Rental affordability has tightened: the rent-to-income ratio rose from 29.4% in 2016 to 30.7% today, indicating renters now dedicate a larger share of earnings to housing.
Resident Demographic Profile
The population skews slightly older than average, with those aged 65 and over representing 21.2% compared to the national 19.6%, while young adults aged 16–24 are noticeably underrepresented at 9.3% versus 11.0%. Housing tenure reflects strong ownership: 34.9% own outright and shared ownership is elevated at 3.1%, well above the national 1.0%. The employment profile leans toward technical roles at 14.1% and trades at 11.5%, both above average, while caring professions and elementary roles remain close to national norms.