OX16 3LA is a residential postcode situated on South Street, Banbury, OX16 with 8 addresses.
It ranks as the 241st largest and 103rd most expensive of the 1,184 postcodes in the OX16 area.
The postcode contains a total of 8 properties: 8 flats.
OX16 3LA is a residential postcode situated on South Street, Banbury, OX16 with 8 addresses.
It ranks as the 241st largest and 103rd most expensive of the 1,184 postcodes in the OX16 area.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £148,819 for 2 bedroom Leasehold flats with a garden (592 ft2) to £151,251 for 2 bedroom Leasehold flats (581 ft2) .
Monthly rental prices range from £848 pcm for 2 bed flats to £862 pcm for 2 bed flats.
The gross rental yield is between 6.7% and 6.9%.
The average value per square foot is £299.
The last sale in OX16 3LA sold for £415,000 on 20th July 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £150,947.
The OX16 3LA Sales Market has increased by 7.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.5% | £150,947 |
| May 2025 | 3% | £153,277 |
| May 2024 | -1.2% | £148,757 |
| May 2023 | 0.6% | £150,600 |
| May 2022 | 6.5% | £149,690 |
| May 2021 | 3.1% | £140,530 |
| May 2020 | -0.3% | £136,341 |
| May 2019 | -4.1% | £136,732 |
| May 2018 | 1.2% | £142,581 |
| May 2017 | 0.5% | £140,882 |
| May 2016 | 7.1% | £140,235 |
| May 2015 | 8% | £130,982 |
| May 2014 | 8.8% | £121,325 |
| May 2013 | 1.7% | £111,560 |
| May 2012 | -0.5% | £109,666 |
| May 2011 | 0.7% | £110,163 |
| May 2010 | 7.2% | £109,362 |
| May 2009 | -15.2% | £102,061 |
| May 2008 | -3.3% | £120,344 |
| May 2007 | 0% | £124,478 |
The current average rental value in the postcode is £850.
The OX16 3LA Rental Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £850pcm |
| May 2025 | 4.4% | £826pcm |
| May 2024 | 8% | £791pcm |
| May 2023 | 6.7% | £733pcm |
| May 2022 | 7.2% | £686pcm |
| May 2021 | 3.2% | £640pcm |
| May 2020 | 0.1% | £620pcm |
| May 2019 | -2.1% | £620pcm |
| May 2018 | -1.3% | £633pcm |
| May 2017 | 1.3% | £641pcm |
| May 2016 | 3% | £633pcm |
| May 2015 | 3.7% | £615pcm |
| May 2014 | 2.9% | £593pcm |
| May 2013 | 3.3% | £576pcm |
| May 2012 | 1.5% | £557pcm |
| May 2011 | 4% | £549pcm |
| May 2010 | 3.3% | £528pcm |
| May 2009 | -9.9% | £511pcm |
| May 2008 | 1.3% | £568pcm |
| May 2007 | 0% | £560pcm |
The last sale was on 20th July 2018 for £415,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
OX16 3LA has seen no sales in the last three years and no sales in the last twelve months.
OX16 3LA is the 241st largest and the 103rd most expensive postcode out of the 1,184 postcodes in the OX16 area.
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The closest station to OX16 3LA is Banbury station which is 700 metres away.
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