Hereford Way - OX16 1FT
Key Postcode Insights
OX16 1FT is a residential postcode situated on Hereford Way, Banbury, OX16 with 26 addresses.
It ranks as the 833rd largest and 479th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £268,290
- 10 Year change
- up 21.7%
- Ave. Rental Price
- £1,259pcm
- 10 Year change
- up 53.1%
- Ave. £ per ft²
- £361/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
OX16 1FT is a residential postcode situated on Hereford Way, Banbury, OX16 with 26 addresses.
It ranks as the 833rd largest and 479th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £268,290
- 10 Year change
- up 21.7%
- Ave. Rental Price
- £1,259pcm
- 10 Year change
- up 53.1%
- Ave. £ per ft²
- £361/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin OX16 1FT
- 1 Hereford Way
3 Bed Mid-century House
- 3 Hereford Way
House
- 5 Hereford Way
3 Bed Mid-century House
- 7 Hereford Way
3 Bed Modern House
- 9 Hereford Way
3 Bed House
Sales Market Trends
The last sale in OX16 1FT sold for £305,000 on 14th October 2022. Since then prices are up an average of 1.5%.
The current average value in the postcode is £268,290.
The OX16 1FT Sales Market has increased by 21.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £268,290 |
| June 2025 | 4% | £271,996 |
| June 2024 | -1% | £261,450 |
| June 2023 | 1.5% | £264,019 |
| June 2022 | 10.1% | £260,160 |
| June 2021 | 5.9% | £236,293 |
| June 2020 | 0% | £223,065 |
| June 2019 | -3.6% | £223,104 |
| June 2018 | 2.6% | £231,426 |
| June 2017 | 2.3% | £225,496 |
| June 2016 | 7.1% | £220,461 |
| June 2015 | 8.9% | £205,922 |
| June 2014 | 11% | £189,037 |
| June 2013 | 1.9% | £170,301 |
| June 2012 | 1.2% | £167,145 |
| June 2011 | 0.9% | £165,096 |
| June 2010 | 11.1% | £163,657 |
| June 2009 | -11.5% | £147,285 |
| June 2008 | -5.2% | £166,515 |
| June 2007 | 0% | £175,711 |
Rental Market Trends
The current average rental value in the postcode is £1,259.
The OX16 1FT Rental Market has increased by 53.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,259pcm |
| June 2025 | 4.7% | £1,212pcm |
| June 2024 | 8.1% | £1,157pcm |
| June 2023 | 8.7% | £1,070pcm |
| June 2022 | 10.1% | £984pcm |
| June 2021 | 6.7% | £894pcm |
| June 2020 | 0% | £837pcm |
| June 2019 | -1.2% | £837pcm |
| June 2018 | 0.6% | £847pcm |
| June 2017 | 2.4% | £842pcm |
| June 2016 | 3.4% | £822pcm |
| June 2015 | 4.5% | £795pcm |
| June 2014 | 4.3% | £761pcm |
| June 2013 | 3.9% | £729pcm |
| June 2012 | 3.3% | £702pcm |
| June 2011 | 4.3% | £679pcm |
| June 2010 | 6.9% | £651pcm |
| June 2009 | -7% | £609pcm |
| June 2008 | 0.8% | £655pcm |
| June 2007 | 0% | £650pcm |
Sales History
The last sale was on 14th October 2022 for £305,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 59 sales since 1995.
OX16 1FT has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2022£305,000 | 3 Bed House5, Hereford Way, Banbury, OX16 1FT5, Hereford Way, Banbury, OX16 1FT
- Sold Jun 2021£200,000 | 2 Bed House15, Hereford Way, Banbury, OX16 1FT15, Hereford Way, Banbury, OX16 1FT
- Sold Jan 2021£210,000 | 2 Bed House17, Hereford Way, Banbury, OX16 1FT17, Hereford Way, Banbury, OX16 1FT
- Sold Jan 2021£280,000 | 3 Bed House47, Hereford Way, Banbury, OX16 1FT47, Hereford Way, Banbury, OX16 1FT
- Sold Apr 2020£260,000 | 3 Bed House1, Hereford Way, Banbury, OX16 1FT1, Hereford Way, Banbury, OX16 1FT
Nearby Postcodes
OX16 1FT is the 833rd largest and the 479th most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 1UD, Hereford Way, Banbury, OX16OX16 1UD42 Addresses|65 m away
- OX16 1UE, Guernsey Way, Banbury, OX16OX16 1UE45 Addresses|68 m away
- OX16 1UT, Winter Gardens Way, Banbury, OX16OX16 1UT28 Addresses|102 m away
- OX16 1UF, Kerry Close, Banbury, OX16OX16 1UF8 Addresses|109 m away
- OX16 1UX, Winter Gardens Way, Banbury, OX16OX16 1UX36 Addresses|130 m away
Property Types
- 12 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 6 other addresses of unknown type
- modern house (12)
- mid-century house (6)
- house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (9)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Apr 2024£335,000 | 3 Bed House80, Hereford Way, Banbury, OX16 1UD80, Hereford Way, Banbury, OX16 1UD
- Sold Oct 2024£330,000 | 3 Bed House18, Hereford Way, Banbury, OX16 1UD18, Hereford Way, Banbury, OX16 1UD
- Sold May 2023£312,000 | 3 Bed House16, Hereford Way, Banbury, OX16 1UD16, Hereford Way, Banbury, OX16 1UD
Schools Nearby
- Hardwick Primary School and Nursery500 m away
- Hanwell Fields Community School800 m away
- Hill View Primary School1.0 km away
- North Oxfordshire Academy900 m away
- Futures Institute Banbury3.2 km away
- Wykham Park3.3 km away
More reading links
Public Transport Nearby
The closest station to OX16 1FT is Banbury station, which is 2.8 kilometres away.
- Banbury|2.8 km away
- Kings Sutton|8.2 km away
- Heyford|18.1 km away
- Tackley|22.3 km away
