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Banbury market report OX16 3

The standing OX16 3 (Banbury) property market report, rebuilt from the full public record every month. Everything below comes from 3,623 sales recorded by HM Land Registry in OX16 3 (Banbury) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.

Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.

In short: a typical OX16 3 (Banbury) home changed hands for £260,000 in 2026 (median of 23 registered sales, up 16% on five years earlier), with the mean at £272,100, and by floor area homes here have averaged about £3,480 per square metre over the last five years. Source: 3,623 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.

A postcode sector like OX16 3 is a single group of streets within OX16 (Banbury), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.

The going rate for a home in OX16 3

The OX16 3 median stands at £260,000 for 2026, built from 23 registered sales; the mean, the figure usually quoted as the "average house price", is £272,100, almost on top of it, so sales bunch tightly around the typical price.

Price per square metre in OX16 3

Averaged across five years of sales, floor space in OX16 3 costs about £3,480 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.

England and Wales as a whole trade at a £285,000 median, leaving OX16 3 9% below the national figure.

In cash terms the typical OX16 3 home went from £41,000 in 1995 to £260,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 192%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2017. The market now sits about 16% below it, so a peak-time purchase has yet to recover its real value.

The strongest year on record here is 2000 (+22.6% on the year before); the weakest, 2020 (−12.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.

Transaction volumes

The register shows 23 OX16 3 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 171 sales a year before the financial crisis and 53 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

Reading the OX16 3 market

Only 23 sales completed here in the last twelve months of data, which makes OX16 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the OX16 district median, OX16 3 sits 10% lower, marking it as a cheaper pocket of the district.

Rents around OX16 3

OX16 3 falls under Cherwell, where the ONS puts the average private rent at £1,289 a month (May 2026 figures). A one-bed averages £963 a month here and a four-or-more-bed £2,181, so size does most of the work in setting the rent.

Against the £260,000 median purchase price, a rent of £1,289 a month (£15,468 a year) works out at a 5.9% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.

Common questions on OX16 3 (Banbury)

Will OX16 3 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 16% over five years in cash but down 8% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

What is for sale in OX16 right now

Bedroom by bedroom: OX prices by size

The risers and the fallers

The spread across the OX area is the point: the same five years treated these districts very differently.

Other sectors in OX16

Sector boundaries hide real price steps. The rest of OX16, one report each:

Zoom out to the full OX16 district report for the type split, monthly volumes and how OX16 compares with its neighbours.

Before you sell in OX16 3: what the record supports

Take it further

The AI answers from the same Land Registry data this report is built on, already scoped to OX16 3. Free after a one click sign in.

See every individual OX16 3 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.