South Street - OX16 3LE
Key Postcode Insights
OX16 3LE is a residential postcode situated on South Street, Banbury, OX16 with 10 addresses.
It ranks as the 207th largest and 10th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 7 flats and 3 other properties.
- Ave. Sale Price
- £110,726
- 10 Year change
- up 5.8%
- Ave. Rental Price
- £677pcm
- 10 Year change
- up 33.1%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
OX16 3LE is a residential postcode situated on South Street, Banbury, OX16 with 10 addresses.
It ranks as the 207th largest and 10th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 7 flats and 3 other properties.
- Ave. Sale Price
- £110,726
- 10 Year change
- up 5.8%
- Ave. Rental Price
- £677pcm
- 10 Year change
- up 33.1%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertiesin OX16 3LE
Sales Market Trends
The last sale in OX16 3LE sold for £106,000 on 19th May 2023. Since then prices are up an average of 8.1%.
The current average value in the postcode is £110,726.
The OX16 3LE Sales Market has increased by 5.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £110,726 |
| June 2025 | 2.6% | £112,937 |
| June 2024 | -0.8% | £110,095 |
| June 2023 | -0.6% | £110,973 |
| June 2022 | 7% | £111,602 |
| June 2021 | 3% | £104,270 |
| June 2020 | -0.3% | £101,245 |
| June 2019 | -3.7% | £101,576 |
| June 2018 | -0.2% | £105,485 |
| June 2017 | 1% | £105,645 |
| June 2016 | 6.1% | £104,646 |
| June 2015 | 7.6% | £98,609 |
| June 2014 | 9.9% | £91,686 |
| June 2013 | 1.6% | £83,409 |
| June 2012 | -0.5% | £82,129 |
| June 2011 | 0.1% | £82,532 |
| June 2010 | 7.7% | £82,486 |
| June 2009 | -13.9% | £76,558 |
| June 2008 | -4.6% | £88,910 |
| June 2007 | 0% | £93,175 |
Rental Market Trends
The current average rental value in the postcode is £677.
The OX16 3LE Rental Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £677pcm |
| June 2025 | 3.3% | £656pcm |
| June 2024 | 8.3% | £635pcm |
| June 2023 | 6.6% | £587pcm |
| June 2022 | 7.2% | £551pcm |
| June 2021 | 3.7% | £514pcm |
| June 2020 | -0.3% | £495pcm |
| June 2019 | -1.3% | £497pcm |
| June 2018 | -2.3% | £503pcm |
| June 2017 | 1.2% | £515pcm |
| June 2016 | 2.6% | £509pcm |
| June 2015 | 3.1% | £496pcm |
| June 2014 | 3.5% | £481pcm |
| June 2013 | 3.3% | £465pcm |
| June 2012 | 1.6% | £450pcm |
| June 2011 | 3.4% | £443pcm |
| June 2010 | 3.8% | £428pcm |
| June 2009 | -9.5% | £412pcm |
| June 2008 | 1% | £456pcm |
| June 2007 | 0% | £451pcm |
Sales History
The last sale was on 19th May 2023 for £106,000 and since then the market in the area has increased by 8.1%. The postcode has had a total of 12 sales since 1995.
OX16 3LE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2023£106,000 | 1 Bed Flat5 Restel House, South Street, Banbury, OX16 3LE5 Restel House, South Street, Banbury, OX16 3LE
- Sold Mar 2021£110,000 | 1 Bed Flat3 Restel House, South Street, Banbury, OX16 3LE3 Restel House, South Street, Banbury, OX16 3LE
- Sold Mar 2018£78,000 | 1 Bed Flat2 Restel House, South Street, Banbury, OX16 3LE2 Restel House, South Street, Banbury, OX16 3LE
- Sold Aug 2017£95,000 | 1 Bed Flat3 Restel House, South Street, Banbury, OX16 3LE3 Restel House, South Street, Banbury, OX16 3LE
- Sold Feb 2016£98,000 | 1 Bed Flat5 Restel House, South Street, Banbury, OX16 3LE5 Restel House, South Street, Banbury, OX16 3LE
Nearby Postcodes
OX16 3LE is the 207th largest and the 10th most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 3LR, South Street, Banbury, OX16OX16 3LR3 Addresses|12 m away
- OX16 3LD, South Street, Banbury, OX16OX16 3LD27 Addresses|40 m away
- OX16 3UT, Moorfield Court, Banbury, OX16OX16 3UT7 Addresses|66 m away
- OX16 3HA, West Street, Banbury, OX16OX16 3HA37 Addresses|66 m away
- OX16 3RA, West Street, Banbury, OX16OX16 3RA23 Addresses|67 m away
Property Types
- 10 mid-century flats built between 1936 and 1979
- mid-century flat (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jul 2018£415,000 | 2 Bed FlatFlat 1, 7, South Street, Banbury, OX16 3LAFlat 1, 7, South Street, Banbury, OX16 3LA
- Sold Aug 2025£280,000 | 4 Bed House13, South Street, Banbury, OX16 3LB13, South Street, Banbury, OX16 3LB
- Sold Jul 2021£245,000 | 4 Bed House18, South Street, Banbury, OX16 3LB18, South Street, Banbury, OX16 3LB
Schools Nearby
- Dashwood Banbury Academy400 m away
- St Leonard's Church of England Primary School500 m away
- St Mary's Church of England Primary School, Banbury900 m away
- Futures Institute Banbury2.1 km away
- Blessed George Napier Catholic School and Sixth Form2.1 km away
- Wykham Park2.2 km away
More reading links
Public Transport Nearby
The closest station to OX16 3LE is Banbury station, which is 600 metres away.
- Banbury|600 m away
- Kings Sutton|5.8 km away
- Heyford|16.3 km away
- Tackley|20.5 km away