Merton Street - OX16 4RP
Key Postcode Insights
OX16 4RP is a residential postcode situated on Merton Street, Banbury, OX16 with 16 addresses.
It ranks as the 559th largest and 49th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 16 properties: 5 houses and 11 flats.
- Ave. Sale Price
- £182,977
- 10 Year change
- up 13.8%
- Ave. Rental Price
- £980pcm
- 10 Year change
- up 43.2%
- Ave. £ per ft²
- £257/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
OX16 4RP is a residential postcode situated on Merton Street, Banbury, OX16 with 16 addresses.
It ranks as the 559th largest and 49th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 16 properties: 5 houses and 11 flats.
- Ave. Sale Price
- £182,977
- 10 Year change
- up 13.8%
- Ave. Rental Price
- £980pcm
- 10 Year change
- up 43.2%
- Ave. £ per ft²
- £257/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin OX16 4RP
- Heyford House
Period Building | 6 Units
- 1A Merton Street
4 Bed Period House
- 1 Merton Street
4 Bed Period House
- 2 Merton Street
Unknown
- 3 Merton Street
3 Bed Period House
Sales Market Trends
The last sale in OX16 4RP sold for £141,000 on 15th August 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £182,977.
The OX16 4RP Sales Market has increased by 13.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £182,977 |
| June 2025 | 3.4% | £185,828 |
| June 2024 | -0.8% | £179,689 |
| June 2023 | 0.5% | £181,074 |
| June 2022 | 8.7% | £180,186 |
| June 2021 | 4.2% | £165,778 |
| June 2020 | 0% | £159,091 |
| June 2019 | -3.8% | £159,087 |
| June 2018 | 1.3% | £165,325 |
| June 2017 | 1.5% | £163,182 |
| June 2016 | 6.7% | £160,813 |
| June 2015 | 8.3% | £150,737 |
| June 2014 | 10.4% | £139,237 |
| June 2013 | 1.8% | £126,066 |
| June 2012 | 0.3% | £123,889 |
| June 2011 | 0.3% | £123,562 |
| June 2010 | 8.9% | £123,223 |
| June 2009 | -13.1% | £113,106 |
| June 2008 | -4.8% | £130,103 |
| June 2007 | 0% | £136,691 |
Rental Market Trends
The current average rental value in the postcode is £980.
The OX16 4RP Rental Market has increased by 43.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £980pcm |
| June 2025 | 4.1% | £945pcm |
| June 2024 | 8.3% | £908pcm |
| June 2023 | 7.7% | £838pcm |
| June 2022 | 8.8% | £778pcm |
| June 2021 | 5% | £715pcm |
| June 2020 | 0% | £681pcm |
| June 2019 | -1.4% | £681pcm |
| June 2018 | -0.8% | £690pcm |
| June 2017 | 1.7% | £696pcm |
| June 2016 | 3.1% | £684pcm |
| June 2015 | 3.9% | £664pcm |
| June 2014 | 3.9% | £639pcm |
| June 2013 | 3.7% | £615pcm |
| June 2012 | 2.3% | £594pcm |
| June 2011 | 3.7% | £580pcm |
| June 2010 | 4.9% | £560pcm |
| June 2009 | -8.6% | £534pcm |
| June 2008 | 1% | £584pcm |
| June 2007 | 0% | £578pcm |
Sales History
The last sale was on 15th August 2025 for £141,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 29 sales since 1995.
OX16 4RP has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£141,000 | 2 Bed FlatFlat 1, Heyford House 7, Merton Street, Banbury, OX16 4RPFlat 1, Heyford House 7, Merton Street, Banbury, OX16 4RP
- Sold Sep 2021£135,000 | 2 Bed FlatFlat 1, 4, Merton Street, Banbury, OX16 4RPFlat 1, 4, Merton Street, Banbury, OX16 4RP
- Sold Sep 2021£110,000 | 2 Bed FlatFlat 2, 4, Merton Street, Banbury, OX16 4RPFlat 2, 4, Merton Street, Banbury, OX16 4RP
- Sold Sep 2021£111,000 | 2 Bed FlatFlat 6, Heyford House 7, Merton Street, Banbury, OX16 4RPFlat 6, Heyford House 7, Merton Street, Banbury, OX16 4RP
- Sold Dec 2018£107,000 | 2 Bed FlatFlat 3, 4, Merton Street, Banbury, OX16 4RPFlat 3, 4, Merton Street, Banbury, OX16 4RP
Nearby Postcodes
OX16 4RP is the 559th largest and the 49th most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 4TQ, Merton Street, Banbury, OX16OX16 4TQ25 Addresses|29 m away
- OX16 4SN, Causeway, Banbury, OX16OX16 4SN6 Addresses|50 m away
- OX16 4SL, Causeway, Banbury, OX16OX16 4SL26 Addresses|51 m away
- OX16 4QQ, Middleton Road, Banbury, OX16OX16 4QQ1 Addresses|53 m away
- OX16 4RU, Merton Street, Banbury, OX16OX16 4RU19 Addresses|54 m away
Property Types
- 4 period houses built between 1800 and 1911
- 11 period flats built between 1800 and 1911
- 1 other address of unknown type
- period house (4)
- period flat (11)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (5)
- G (0)
- D (7)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2023£245,000 | 3 Bed House11, Merton Street, Banbury, OX16 4RU11, Merton Street, Banbury, OX16 4RU
- Sold Mar 2026£230,000 | 3 Bed House25, Merton Street, Banbury, OX16 4RX25, Merton Street, Banbury, OX16 4RX
- Sold Aug 2025£211,000 | 3 Bed House42, Merton Street, Banbury, OX16 4RX42, Merton Street, Banbury, OX16 4RX
Schools Nearby
- Dashwood Banbury Academy200 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 Banbury1.7 km away
- Blessed George Napier Catholic School and Sixth Form1.8 km away
- Wykham Park1.8 km away
More reading links
Public Transport Nearby
The closest station to OX16 4RP is Banbury station, which is 200 metres away.
- Banbury|200 m away
- Kings Sutton|5.5 km away
- Heyford|16.0 km away
- Tackley|20.2 km away
