OX16 0JT is a residential postcode situated on Chepstow Gardens, Banbury, OX16 with 13 addresses.
It ranks as the 434th largest and 424th most expensive of the 1,186 postcodes in the OX16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
OX16 0JT is a residential postcode situated on Chepstow Gardens, Banbury, OX16 with 13 addresses.
It ranks as the 434th largest and 424th most expensive of the 1,186 postcodes in the OX16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
Sale prices range from £206,792 for 3 bedroom freehold houses with a garden (691 ft2) to £298,841 for 4 bedroom freehold houses with a garden (1,367 ft2) .
Monthly rental prices range from £1,082 pcm for 3 bed houses to £1,361 pcm for 4 bed houses.
The gross rental yield is between 5.5% and 6.3%.
The average value per square foot is £256.
The last sale in OX16 0JT sold for £245,000 on 8th February 2024. Since then prices are up an average of 4.2%.
The current average value in the postcode is £250,933.
The OX16 0JT Sales Market has increased by 23.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £250,933 |
| April 2025 | 4.2% | £251,722 |
| April 2024 | -1.9% | £241,532 |
| April 2023 | 3.9% | £246,287 |
| April 2022 | 9.5% | £237,100 |
| April 2021 | 5% | £216,522 |
| April 2020 | -0.9% | £206,305 |
| April 2019 | -3.6% | £208,173 |
| April 2018 | 4.2% | £215,991 |
| April 2017 | 1.9% | £207,353 |
| April 2016 | 7.5% | £203,468 |
| April 2015 | 10% | £189,262 |
| April 2014 | 9.3% | £172,133 |
| April 2013 | 4.3% | £157,499 |
| April 2012 | 1.1% | £150,999 |
| April 2011 | 0.1% | £149,329 |
| April 2010 | 8.9% | £149,164 |
| April 2009 | -14.3% | £137,031 |
| April 2008 | -1.2% | £159,887 |
| April 2007 | 0% | £161,853 |
The current average rental value in the postcode is £1,227.
The OX16 0JT Rental Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,227pcm |
| April 2025 | 6.3% | £1,194pcm |
| April 2024 | 7.8% | £1,123pcm |
| April 2023 | 9.1% | £1,042pcm |
| April 2022 | 9.9% | £955pcm |
| April 2021 | 5.3% | £869pcm |
| April 2020 | -0.2% | £826pcm |
| April 2019 | -1.7% | £827pcm |
| April 2018 | 1% | £842pcm |
| April 2017 | 2.7% | £834pcm |
| April 2016 | 3.6% | £812pcm |
| April 2015 | 4.9% | £783pcm |
| April 2014 | 4.1% | £747pcm |
| April 2013 | 6% | £717pcm |
| April 2012 | 3.6% | £676pcm |
| April 2011 | 3.6% | £653pcm |
| April 2010 | 4.9% | £630pcm |
| April 2009 | -7.9% | £600pcm |
| April 2008 | 2.3% | £652pcm |
| April 2007 | 0% | £637pcm |
The last sale was on 8th February 2024 for £245,000 and since then the market in the area has increased by 4.2%. The postcode has had a total of 15 sales since 1995.
OX16 0JT has seen 1 sale in the last three years and no sales in the last twelve months.
OX16 0JT is the 434th largest and the 424th most expensive postcode out of the 1,186 postcodes in the OX16 area.
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The closest station to OX16 0JT is Banbury station which is 2.4 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 OX16 0JT, 61.5% of property is socially rented and 16.9% 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 OX16 0JT, 29.2% of residents are recorded as possessing school level qualifications and 15.9% 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 OX16 0JT, the average age was 36.7 and the most common age was 12.
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 OX16 0JT, 0.3% 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 OX16 0JT, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.