Bricks&Logic
OX16 5BG
Tramway Road, Cherwell, South East
OX16 5BG

OX16 5BGHouse Prices / South East, Cherwell, Tramway Road

Last updated May 2026

Key Postcode Insights

OX16 5BG is a residential postcode situated on Tramway Road, Banbury, OX16 with 14 addresses.

It ranks as the 496th largest and 257th most expensive of the 1,186 postcodes in the OX16 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 14 properties: 14 flats.

14
Properties
  • Flats

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House Pricesin OX16 5BG

Sale prices range from £159,462 for 1 bedroom leasehold flats with a balcony (409 ft2) to £240,251 for 2 bedroom leasehold flats with a balcony (871 ft2) .

Monthly rental prices range from £840 pcm for 1 bed flats to £1,172 pcm for 2 bed flats.

The gross rental yield is between 5.9% and 6.4%.

The average value per square foot is £314.

Average Sale Value
£208,785
Average Rental Value
£1,050 pcm
Average Rental Yield
6.0% /year
Average Value Per Sqft
£314 /ft2
Prices last updated 1st May 2026
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Sales Market Trendsin OX16 5BG

The last sale in OX16 5BG sold for £164,000 on 16th March 2018. Since then prices are up an average of 6.9%.

The current average value in the postcode is £208,785.
The OX16 5BG Sales Market has increased by 8.7% over the last 10 years.

PeriodYear on YearAverage Price
April 20260.9%£208,785
April 20252.7%£206,851
April 2024-2.3%£201,422
April 20232.2%£206,116
April 20226.2%£201,595
April 20211.9%£189,817
April 2020-0.3%£186,355
April 2019-3.8%£186,909
April 20181%£194,368
April 20170.2%£192,449
April 20166.5%£192,101
April 20158.9%£180,310
April 20147.6%£165,647
April 20131.3%£153,969
April 2012-0.3%£151,988
April 20110.2%£152,472
April 20105.9%£152,156
April 2009-14.9%£143,657
April 2008-0.1%£168,771
April 20070%£168,897
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Rental Market Trendsin OX16 5BG

The current average rental value in the postcode is £1,050.
The OX16 5BG Rental Market has increased by 33.5% over the last 10 years.

PeriodYear on YearAverage Price
April 20264%£1,050pcm
April 20254.7%£1,010pcm
April 20247.2%£964pcm
April 20237.5%£900pcm
April 20226.8%£837pcm
April 20212.2%£784pcm
April 20200.4%£767pcm
April 2019-1.8%£764pcm
April 2018-2.2%£778pcm
April 20171.2%£796pcm
April 20162.6%£787pcm
April 20153.7%£767pcm
April 20142.6%£740pcm
April 20132.8%£721pcm
April 20122%£701pcm
April 20113.7%£687pcm
April 20102.2%£663pcm
April 2009-8.6%£648pcm
April 20083.4%£709pcm
April 20070%£686pcm
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Explore Buildingsin OX16 5BG, Tramway Road, Banbury, OX16

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Sales History
in OX16 5BG

The last sale was on 16th March 2018 for £164,000 and since then the market in the area has increased by 6.9%. The postcode has had a total of 16 sales since 1995.

OX16 5BG has seen no sales in the last three years and no sales in the last twelve months.

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Nearby Postcodesto OX16 5BG

OX16 5BG is the 496th largest and the 257th most expensive postcode out of the 1,186 postcodes in the OX16 area.

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Property Typesin OX16 5BG

  • 14 modern flats built after 1980
  • modern flat (14)
Energy Efficiency

Energy Efficiencyof properties in OX16 5BG

  • Energy Performance Certificate (EPC) surveys conducted for 14 properties.
  • The dominant rating is D.
  • A (0)
  • E (0)
  • B (0)
  • F (0)
  • C (1)
  • G (0)
  • D (13)
  • No EPC (0)
properties list title title

Top 3 Most Expensive Saleson Tramway Road

Schools Nearby

Schools Nearbyto OX16 5BG

The nearest primary school to OX16 5BG is Dashwood Banbury Academy which is 673 metres away.
  • 673
    m
    Dashwood Banbury Academy
  • 737
    m
    St John's Catholic Primary School
  • 857
    m
    Harriers Banbury Academy
The nearest secondary school is Blessed George Napier Catholic School and Sixth Form which is 1.2 kilometres away.
  • 1.2
    km
    Blessed George Napier Catholic School and Sixth Form
  • 1.2
    km
    Futures Institute Banbury
  • 1.3
    km
    Wykham Park
More reading links
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto OX16 5BG

The closest station to OX16 5BG is Banbury station which is 400 metres away.

  • 374
    m
    Banbury
  • 5.2
    km
    Kings Sutton
  • 15.5
    km
    Heyford
  • 19.7
    km
    Tackley
Source: National Rail


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