OX16 3LE is a residential postcode situated on South Street, Banbury, OX16 with 10 addresses.
It ranks as the 207th largest and 15th most expensive of the 1,186 postcodes in the OX16 area. The dominant 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.
OX16 3LE is a residential postcode situated on South Street, Banbury, OX16 with 10 addresses.
It ranks as the 207th largest and 15th most expensive of the 1,186 postcodes in the OX16 area. The dominant 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.
Sale prices range from £115,460 for 1 bedroom leasehold flats (430 ft2) to £155,392 for 2 bedroom leasehold flats (452 ft2) .
Monthly rental prices range from £715 pcm for 1 bed flats to £872 pcm for 2 bed flats.
The gross rental yield is between 6.7% and 7.6%.
The average value per square foot is £270.
The last sale in OX16 3LE sold for £106,000 on 19th May 2023. Since then prices are up an average of 8.8%.
The current average value in the postcode is £124,154.
The OX16 3LE Sales Market has increased by 8.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.1% | £124,154 |
| April 2025 | 2.8% | £124,020 |
| April 2024 | -1.4% | £120,597 |
| April 2023 | 1.5% | £122,353 |
| April 2022 | 5.9% | £120,565 |
| April 2021 | 2.8% | £113,812 |
| April 2020 | -0.9% | £110,702 |
| April 2019 | -3.9% | £111,753 |
| April 2018 | 1.5% | £116,313 |
| April 2017 | 0.5% | £114,609 |
| April 2016 | 7.4% | £113,991 |
| April 2015 | 8.8% | £106,156 |
| April 2014 | 7.6% | £97,577 |
| April 2013 | 1.6% | £90,712 |
| April 2012 | -0.4% | £89,306 |
| April 2011 | 0.3% | £89,709 |
| April 2010 | 5.8% | £89,404 |
| April 2009 | -15% | £84,468 |
| April 2008 | -0.5% | £99,328 |
| April 2007 | 0% | £99,835 |
The current average rental value in the postcode is £769.
The OX16 3LE Rental Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £769pcm |
| April 2025 | 4.9% | £746pcm |
| April 2024 | 8% | £711pcm |
| April 2023 | 6.7% | £658pcm |
| April 2022 | 6.5% | £617pcm |
| April 2021 | 3.1% | £579pcm |
| April 2020 | -0.3% | £561pcm |
| April 2019 | -1.9% | £563pcm |
| April 2018 | -1.7% | £574pcm |
| April 2017 | 1.5% | £584pcm |
| April 2016 | 3.4% | £575pcm |
| April 2015 | 3.6% | £556pcm |
| April 2014 | 2.7% | £537pcm |
| April 2013 | 3% | £523pcm |
| April 2012 | 1.9% | £508pcm |
| April 2011 | 3.8% | £498pcm |
| April 2010 | 2.2% | £480pcm |
| April 2009 | -8.7% | £470pcm |
| April 2008 | 2.7% | £515pcm |
| April 2007 | 0% | £501pcm |
The last sale was on 19th May 2023 for £106,000 and since then the market in the area has increased by 8.8%. 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.
OX16 3LE is the 207th largest and the 15th most expensive postcode out of the 1,186 postcodes in the OX16 area.
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The closest station to OX16 3LE is Banbury station which is 600 metres away.
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