Forgeway - OX16 1QR
Key Postcode Insights
OX16 1QR is a residential postcode situated on Forgeway, Banbury, OX16 with 37 addresses.
It ranks as the 1004th largest and 420th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 37 properties: 35 houses and 2 flats.
- Ave. Sale Price
- £238,231
- 10 Year change
- up 13.4%
- Ave. Rental Price
- £1,187pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £252/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
OX16 1QR is a residential postcode situated on Forgeway, Banbury, OX16 with 37 addresses.
It ranks as the 1004th largest and 420th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 37 properties: 35 houses and 2 flats.
- Ave. Sale Price
- £238,231
- 10 Year change
- up 13.4%
- Ave. Rental Price
- £1,187pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £252/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin OX16 1QR
- 1 Forgeway
Unknown
- 2 Forgeway
Unknown
- 3 Forgeway
3 Bed House
- 4 Forgeway
Unknown
- 5 Forgeway
3 Bed Mid-century House
Sales Market Trends
The last sale in OX16 1QR sold for £230,000 on 24th June 2022. Since then prices are up an average of 3.0%.
The current average value in the postcode is £238,231.
The OX16 1QR Sales Market has increased by 13.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £238,231 |
| June 2025 | 3.1% | £242,833 |
| June 2024 | -0.8% | £235,492 |
| June 2023 | 0.6% | £237,334 |
| June 2022 | 8.7% | £235,979 |
| June 2021 | 4.3% | £217,108 |
| June 2020 | -0.2% | £208,068 |
| June 2019 | -3.9% | £208,463 |
| June 2018 | 1.5% | £216,823 |
| June 2017 | 1.7% | £213,720 |
| June 2016 | 6.8% | £210,167 |
| June 2015 | 8.5% | £196,812 |
| June 2014 | 10.7% | £181,445 |
| June 2013 | 1.8% | £163,888 |
| June 2012 | 0.4% | £160,913 |
| June 2011 | 0.7% | £160,197 |
| June 2010 | 9.5% | £159,070 |
| June 2009 | -13.4% | £145,247 |
| June 2008 | -5.7% | £167,672 |
| June 2007 | 0% | £177,812 |
Rental Market Trends
The current average rental value in the postcode is £1,187.
The OX16 1QR Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,187pcm |
| June 2025 | 3.8% | £1,149pcm |
| June 2024 | 8.3% | £1,107pcm |
| June 2023 | 7.8% | £1,022pcm |
| June 2022 | 8.7% | £948pcm |
| June 2021 | 5.2% | £872pcm |
| June 2020 | -0.1% | £829pcm |
| June 2019 | -1.4% | £830pcm |
| June 2018 | -0.6% | £842pcm |
| June 2017 | 1.9% | £847pcm |
| June 2016 | 3.1% | £832pcm |
| June 2015 | 4.1% | £807pcm |
| June 2014 | 3.9% | £775pcm |
| June 2013 | 3.9% | £746pcm |
| June 2012 | 2.5% | £718pcm |
| June 2011 | 4.1% | £700pcm |
| June 2010 | 5.4% | £672pcm |
| June 2009 | -8.9% | £638pcm |
| June 2008 | 0.4% | £700pcm |
| June 2007 | 0% | £698pcm |
Sales History
The last sale was on 24th June 2022 for £230,000 and since then the market in the area has increased by 3.0%. The postcode has had a total of 44 sales since 1995.
OX16 1QR has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£230,000 | 3 Bed House8, Forgeway, Banbury, OX16 1QR8, Forgeway, Banbury, OX16 1QR
- Sold Mar 2020£202,000 | 3 Bed House15, Forgeway, Banbury, OX16 1QR15, Forgeway, Banbury, OX16 1QR
- Sold Nov 2019£223,000 | 3 Bed House15, Forgeway, Banbury, OX16 1QR15, Forgeway, Banbury, OX16 1QR
- Sold Apr 2019£194,000 | 3 Bed House21, Forgeway, Banbury, OX16 1QR21, Forgeway, Banbury, OX16 1QR
- Sold Jun 2018£222,000 | 3 Bed House7, Forgeway, Banbury, OX16 1QR7, Forgeway, Banbury, OX16 1QR
Nearby Postcodes
OX16 1QR is the 1004th largest and the 420th most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 1QS, Forgeway, Banbury, OX16OX16 1QS20 Addresses|67 m away
- OX16 1QL, Hearthway, Banbury, OX16OX16 1QL29 Addresses|78 m away
- OX16 1QP, Hearthway, Banbury, OX16OX16 1QP33 Addresses|102 m away
- OX16 1XD, Ironstones, Banbury, OX16OX16 1XD24 Addresses|131 m away
- OX16 1XB, Ironstones, Banbury, OX16OX16 1XB31 Addresses|133 m away
Property Types
- 1 modern house built after 1980
- 18 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 16 other addresses of unknown type
- modern house (1)
- mid-century house (18)
- house (1)
- early-century house (1)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (19)
- G (0)
- D (2)
- No EPC (15)
Top 3 Most Expensive Sales
Schools Nearby
- Hardwick Primary School and Nursery300 m away
- Hanwell Fields Community School600 m away
- Hill View Primary School700 m away
- North Oxfordshire Academy1.1 km away
- Futures Institute Banbury2.8 km away
- Wykham Park2.9 km away
More reading links
Public Transport Nearby
The closest station to OX16 1QR is Banbury station, which is 2.3 kilometres away.
- Banbury|2.3 km away
- Kings Sutton|7.7 km away
- Heyford|17.7 km away
- Tackley|21.8 km away
