OX16 1AB is a residential postcode situated on Laxton Way, Banbury, OX16 with 10 addresses.
It ranks as the 321st largest and 957th most expensive of the 1,186 postcodes in the OX16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 8 houses and 2 flats.
OX16 1AB is a residential postcode situated on Laxton Way, Banbury, OX16 with 10 addresses.
It ranks as the 321st largest and 957th most expensive of the 1,186 postcodes in the OX16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 8 houses and 2 flats.
Sale prices range from £146,141 for 2 bedroom leasehold flats (548 ft2) to £461,043 for 5 bedroom freehold houses with a garden (1,862 ft2) .
Monthly rental prices range from £870 pcm for 2 bed flats to £1,933 pcm for 5 bed houses.
The gross rental yield is between 5.0% and 7.1%.
The average value per square foot is £278.
The last sale in OX16 1AB sold for £327,500 on 10th December 2021. Since then prices are up an average of 8.1%.
The current average value in the postcode is £341,616.
The OX16 1AB Sales Market has increased by 17.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £341,616 |
| April 2025 | 3.4% | £344,440 |
| April 2024 | -2.2% | £333,189 |
| April 2023 | 3.2% | £340,567 |
| April 2022 | 8.1% | £330,007 |
| April 2021 | 4.9% | £305,266 |
| April 2020 | -1% | £291,037 |
| April 2019 | -3.4% | £293,934 |
| April 2018 | 3.6% | £304,414 |
| April 2017 | 0.9% | £293,948 |
| April 2016 | 7.4% | £291,263 |
| April 2015 | 8.8% | £271,266 |
| April 2014 | 9.4% | £249,319 |
| April 2013 | 3.9% | £227,961 |
| April 2012 | 0.1% | £219,441 |
| April 2011 | 1.1% | £219,172 |
| April 2010 | 7.8% | £216,873 |
| April 2009 | -14% | £201,223 |
| April 2008 | -0.9% | £234,009 |
| April 2007 | 0% | £236,034 |
The current average rental value in the postcode is £1,510.
The OX16 1AB Rental Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,510pcm |
| April 2025 | 5.5% | £1,477pcm |
| April 2024 | 7.3% | £1,401pcm |
| April 2023 | 8.5% | £1,305pcm |
| April 2022 | 8.6% | £1,203pcm |
| April 2021 | 5.2% | £1,107pcm |
| April 2020 | -0.4% | £1,053pcm |
| April 2019 | -1.5% | £1,057pcm |
| April 2018 | 0.3% | £1,073pcm |
| April 2017 | 1.8% | £1,070pcm |
| April 2016 | 3.6% | £1,051pcm |
| April 2015 | 3.7% | £1,014pcm |
| April 2014 | 4.4% | £978pcm |
| April 2013 | 5.4% | £937pcm |
| April 2012 | 2.5% | £889pcm |
| April 2011 | 4.6% | £867pcm |
| April 2010 | 4% | £829pcm |
| April 2009 | -7.7% | £797pcm |
| April 2008 | 2.4% | £864pcm |
| April 2007 | 0% | £844pcm |
The last sale was on 10th December 2021 for £327,500 and since then the market in the area has increased by 8.1%. The postcode has had a total of 25 sales since 1995.
OX16 1AB has seen no sales in the last three years and no sales in the last twelve months.
OX16 1AB is the 321st largest and the 957th most expensive postcode out of the 1,186 postcodes in the OX16 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around OX16 1AB, % of property is and % is .
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 1AB, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1AB, 0.0% 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 1AB, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
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.