Prospect Road - OX16 5HL
Key Postcode Insights
OX16 5HL is a residential postcode situated on Prospect Road, Banbury, OX16 with 8 addresses.
It ranks as the 252nd largest and 194th 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 8 properties: 3 houses and 5 flats.
- Ave. Sale Price
- £223,233
- 10 Year change
- up 12.2%
- Ave. Rental Price
- £1,153pcm
- 10 Year change
- up 41.2%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
OX16 5HL is a residential postcode situated on Prospect Road, Banbury, OX16 with 8 addresses.
It ranks as the 252nd largest and 194th 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 8 properties: 3 houses and 5 flats.
- Ave. Sale Price
- £223,233
- 10 Year change
- up 12.2%
- Ave. Rental Price
- £1,153pcm
- 10 Year change
- up 41.2%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin OX16 5HL
- 17 Prospect Road
Unknown
- 18 Prospect Road
Building | 3 Flats
- 19 Prospect Road
5 Bed Period House
- 20 Prospect Road
4 Bed Period House
- 21 Prospect Road
Building | 2 Flats
Sales Market Trends
The last sale in OX16 5HL sold for £260,000 on 11th February 2019. Since then prices are up an average of 29.5%.
The current average value in the postcode is £223,233.
The OX16 5HL Sales Market has increased by 12.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £223,233 |
| June 2025 | 2.7% | £227,952 |
| June 2024 | -1% | £221,982 |
| June 2023 | 0.7% | £224,219 |
| June 2022 | 8.2% | £222,652 |
| June 2021 | 4.4% | £205,715 |
| June 2020 | -0.1% | £196,964 |
| June 2019 | -3.7% | £197,180 |
| June 2018 | 1.5% | £204,789 |
| June 2017 | 1.4% | £201,719 |
| June 2016 | 6.4% | £198,910 |
| June 2015 | 8.2% | £186,969 |
| June 2014 | 10.3% | £172,843 |
| June 2013 | 1.4% | £156,770 |
| June 2012 | 0.3% | £154,576 |
| June 2011 | 1.1% | £154,165 |
| June 2010 | 9.8% | £152,442 |
| June 2009 | -12.8% | £138,773 |
| June 2008 | -5.3% | £159,139 |
| June 2007 | 0% | £167,975 |
Rental Market Trends
The current average rental value in the postcode is £1,153.
The OX16 5HL Rental Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,153pcm |
| June 2025 | 3.4% | £1,118pcm |
| June 2024 | 8.1% | £1,081pcm |
| June 2023 | 7.9% | £1,000pcm |
| June 2022 | 8.2% | £927pcm |
| June 2021 | 5.2% | £856pcm |
| June 2020 | -0.1% | £814pcm |
| June 2019 | -1.3% | £814pcm |
| June 2018 | -0.5% | £825pcm |
| June 2017 | 1.5% | £829pcm |
| June 2016 | 2.8% | £816pcm |
| June 2015 | 3.8% | £795pcm |
| June 2014 | 3.6% | £765pcm |
| June 2013 | 3.4% | £739pcm |
| June 2012 | 2.3% | £714pcm |
| June 2011 | 4.6% | £698pcm |
| June 2010 | 5.7% | £667pcm |
| June 2009 | -8.3% | £632pcm |
| June 2008 | 0.8% | £689pcm |
| June 2007 | 0% | £684pcm |
Sales History
The last sale was on 11th February 2019 for £260,000 and since then the market in the area has increased by 29.5%. The postcode has had a total of 5 sales since 1995.
OX16 5HL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Feb 2019£260,000 | 4 Bed House20, Prospect Road, Banbury, OX16 5HL20, Prospect Road, Banbury, OX16 5HL
- Sold Sep 2007£250,000 | 3 Bed FlatFlat 1, 21, Prospect Road, Banbury, OX16 5HLFlat 1, 21, Prospect Road, Banbury, OX16 5HL
- Sold Jul 2007£222,000 | 4 Bed House20, Prospect Road, Banbury, OX16 5HL20, Prospect Road, Banbury, OX16 5HL
- Sold Jan 2001£92,000 | 5 Bed House19, Prospect Road, Banbury, OX16 5HL19, Prospect Road, Banbury, OX16 5HL
- Sold Mar 1998£97,500 | 3 Bed House17, Prospect Road, Banbury, OX16 5HL17, Prospect Road, Banbury, OX16 5HL
Nearby Postcodes
OX16 5HL is the 252nd largest and the 194th most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 5DD, Britannia Road, Banbury, OX16OX16 5DD27 Addresses|28 m away
- OX16 5HH, Prospect Road, Banbury, OX16OX16 5HH12 Addresses|29 m away
- OX16 5HW, Prospect Road, Banbury, OX16OX16 5HW4 Addresses|35 m away
- OX16 5HN, Grosvenor Road, Banbury, OX16OX16 5HN26 Addresses|54 m away
- OX16 5JD, Old Parr Close, Banbury, OX16OX16 5JD12 Addresses|68 m away
Property Types
- 2 period houses built between 1800 and 1911
- 5 period flats built between 1800 and 1911
- 1 other address of unknown type
- period house (2)
- period flat (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2022£410,000 | 4 Bed House3, Prospect Road, Banbury, OX16 5HH3, Prospect Road, Banbury, OX16 5HH
- Sold Oct 2018£403,000 | 5 Bed House4, Prospect Road, Banbury, OX16 5HH4, Prospect Road, Banbury, OX16 5HH
- Sold May 2023£330,000 | 3 Bed House11, Prospect Road, Banbury, OX16 5HH11, Prospect Road, Banbury, OX16 5HH
Schools Nearby
- Harriers Banbury Academy400 m away
- St Mary's Church of England Primary School, Banbury800 m away
- St John's Catholic Primary School900 m away
- Futures Institute Banbury1.0 km away
- Wykham Park1.1 km away
- Blessed George Napier Catholic School and Sixth Form1.1 km away
More reading links
Public Transport Nearby
The closest station to OX16 5HL is Banbury station, which is 600 metres away.
- Banbury|600 m away
- Kings Sutton|5.5 km away
- Heyford|15.6 km away
- Tackley|19.8 km away
