OX16 3QT is a residential postcode situated on Middleton Road, Banbury, OX16 with 25 addresses.
It ranks as the 818th largest and 153rd most expensive of the 1,184 postcodes in the OX16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 25 properties: 11 houses and 14 flats.
OX16 3QT is a residential postcode situated on Middleton Road, Banbury, OX16 with 25 addresses.
It ranks as the 818th largest and 153rd most expensive of the 1,184 postcodes in the OX16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 25 properties: 11 houses and 14 flats.
Sale prices range from £122,622 for 2 bedroom Leasehold flats (538 ft2) to £347,339 for 5 bedroom freehold houses with a garden (1,679 ft2) .
Monthly rental prices range from £750 pcm for 2 bed flats to £2,417 pcm for 5 bed houses.
The gross rental yield is between 6.9% and 8.3%.
The average value per square foot is £209.
The last sale in OX16 3QT sold for £305,000 on 29th January 2024. Since then prices are up an average of 22.2%.
The current average value in the postcode is £209,722.
The OX16 3QT Sales Market has increased by 17.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £209,722 |
| May 2025 | 3.9% | £212,484 |
| May 2024 | -1.5% | £204,479 |
| May 2023 | 1.4% | £207,676 |
| May 2022 | 8.8% | £204,829 |
| May 2021 | 4.9% | £188,208 |
| May 2020 | -0.2% | £179,493 |
| May 2019 | -3.4% | £179,796 |
| May 2018 | 2.5% | £186,194 |
| May 2017 | 1.3% | £181,630 |
| May 2016 | 6.9% | £179,301 |
| May 2015 | 8.3% | £167,719 |
| May 2014 | 8.7% | £154,907 |
| May 2013 | 2.3% | £142,457 |
| May 2012 | 0.6% | £139,203 |
| May 2011 | 1.2% | £138,434 |
| May 2010 | 8.8% | £136,819 |
| May 2009 | -13.2% | £125,754 |
| May 2008 | -2.1% | £144,906 |
| May 2007 | 0% | £148,038 |
The current average rental value in the postcode is £1,351.
The OX16 3QT Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £1,351pcm |
| May 2025 | 5.4% | £1,311pcm |
| May 2024 | 7.2% | £1,244pcm |
| May 2023 | 7.8% | £1,160pcm |
| May 2022 | 9.9% | £1,076pcm |
| May 2021 | 4.6% | £979pcm |
| May 2020 | 0% | £936pcm |
| May 2019 | -1.5% | £936pcm |
| May 2018 | 0.1% | £951pcm |
| May 2017 | 2% | £950pcm |
| May 2016 | 3.1% | £931pcm |
| May 2015 | 4.5% | £903pcm |
| May 2014 | 3.5% | £864pcm |
| May 2013 | 3.3% | £835pcm |
| May 2012 | 2.4% | £808pcm |
| May 2011 | 4.1% | £789pcm |
| May 2010 | 5.1% | £758pcm |
| May 2009 | -8.2% | £722pcm |
| May 2008 | 1.9% | £786pcm |
| May 2007 | 0% | £771pcm |
The last sale was on 29th January 2024 for £305,000 and since then the market in the area has increased by 22.2%. The postcode has had a total of 15 sales since 1995.
OX16 3QT has seen 1 sale in the last three years and no sales in the last twelve months.
OX16 3QT is the 818th largest and the 153rd most expensive postcode out of the 1,184 postcodes in the OX16 area.
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The closest station to OX16 3QT is Banbury station which is 700 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around OX16 3QT, 57.7% of property is socially rented and 17.9% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around OX16 3QT, 22.4% of residents are recorded as possessing school level qualifications and 13.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around OX16 3QT, the average age was 36.8 and the most common age was 27.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around OX16 3QT, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around OX16 3QT, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.