OX15 6JL is a residential postcode situated on Balscote, Banbury, OX15 with 8 addresses.
It ranks as the 408th largest and 745th most expensive of the 807 postcodes in the OX15 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
OX15 6JL is a residential postcode situated on Balscote, Banbury, OX15 with 8 addresses.
It ranks as the 408th largest and 745th most expensive of the 807 postcodes in the OX15 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
Sale prices range from £181,114 for 2 bedroom leasehold flats (893 ft2) to £1,179,925 for 5 bedroom freehold houses with a garden (2,572 ft2) .
Monthly rental prices range from £1,015 pcm for 2 bed flats to £3,686 pcm for 5 bed houses.
The gross rental yield is between 3.7% and 6.7%.
The average value per square foot is £428.
The last sale in OX15 6JL sold for £1,025,000 on 21st July 2022. Since then prices are down an average of 0.8%.
The current average value in the postcode is £798,308.
The OX15 6JL Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £798,308 |
| April 2025 | 2.6% | £800,577 |
| April 2024 | -2.8% | £779,913 |
| April 2023 | 2.9% | £802,656 |
| April 2022 | 10.1% | £780,078 |
| April 2021 | 5.8% | £708,316 |
| April 2020 | 0% | £669,215 |
| April 2019 | -2.3% | £669,169 |
| April 2018 | 2.6% | £685,229 |
| April 2017 | 2.7% | £667,623 |
| April 2016 | 4.5% | £649,824 |
| April 2015 | 8.1% | £621,682 |
| April 2014 | 7.1% | £575,259 |
| April 2013 | 5.3% | £537,058 |
| April 2012 | -0.1% | £510,263 |
| April 2011 | 0.8% | £510,940 |
| April 2010 | 7.6% | £506,949 |
| April 2009 | -13.5% | £471,033 |
| April 2008 | 2.4% | £544,846 |
| April 2007 | 0% | £531,911 |
The current average rental value in the postcode is £2,667.
The OX15 6JL Rental Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £2,667pcm |
| April 2025 | 5.4% | £2,603pcm |
| April 2024 | 7.4% | £2,469pcm |
| April 2023 | 8.3% | £2,300pcm |
| April 2022 | 9.4% | £2,123pcm |
| April 2021 | 4.9% | £1,941pcm |
| April 2020 | -0.1% | £1,851pcm |
| April 2019 | -1.7% | £1,854pcm |
| April 2018 | -0.2% | £1,886pcm |
| April 2017 | 2.4% | £1,889pcm |
| April 2016 | 3.6% | £1,845pcm |
| April 2015 | 4% | £1,780pcm |
| April 2014 | 4.2% | £1,712pcm |
| April 2013 | 5.7% | £1,644pcm |
| April 2012 | 3.2% | £1,555pcm |
| April 2011 | 4.2% | £1,508pcm |
| April 2010 | 4% | £1,446pcm |
| April 2009 | -8.2% | £1,391pcm |
| April 2008 | 3.1% | £1,516pcm |
| April 2007 | 0% | £1,471pcm |
The last sale was on 21st July 2022 for £1,025,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 5 sales since 1995.
OX15 6JL has seen no sales in the last three years and no sales in the last twelve months.
OX15 6JL is the 408th largest and the 745th most expensive postcode out of the 807 postcodes in the OX15 area.
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The closest station to OX15 6JL is Banbury station which is 7.0 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around OX15 6JL, 43.4% of property is privately owned outright and 31.1% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around OX15 6JL, 14.3% of residents are recorded as possessing school level qualifications and 52.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around OX15 6JL, the average age was 44.2 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around OX15 6JL, 0.9% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around OX15 6JL, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.