Prospect Road - OX16 5HW
Key Postcode Insights
OX16 5HW is a residential postcode situated on Prospect Road, Banbury, OX16 with 4 addresses.
It ranks as the 113th largest and 851st most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £318,930
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £1,448pcm
- 10 Year change
- up 52.6%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
OX16 5HW is a residential postcode situated on Prospect Road, Banbury, OX16 with 4 addresses.
It ranks as the 113th largest and 851st most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £318,930
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £1,448pcm
- 10 Year change
- up 52.6%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin OX16 5HW
- 22 Prospect Road
4 Bed Period House
- 23 Prospect Road
4 Bed Period House
- 24 Prospect Road
4 Bed Period House
- 25 Prospect Road
4 Bed Period House
Sales Market Trends
The last sale in OX16 5HW sold for £276,000 on 26th February 2021. Since then prices are up an average of 15.7%.
The current average value in the postcode is £318,930.
The OX16 5HW Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £318,930 |
| June 2025 | 3.9% | £323,209 |
| June 2024 | -1.2% | £311,178 |
| June 2023 | 1.7% | £315,009 |
| June 2022 | 9.6% | £309,720 |
| June 2021 | 6.3% | £282,521 |
| June 2020 | -0.1% | £265,728 |
| June 2019 | -3.4% | £266,114 |
| June 2018 | 2.6% | £275,438 |
| June 2017 | 2.1% | £268,429 |
| June 2016 | 6.7% | £262,878 |
| June 2015 | 8.6% | £246,469 |
| June 2014 | 10.7% | £226,953 |
| June 2013 | 1.4% | £205,026 |
| June 2012 | 0.9% | £202,143 |
| June 2011 | 1.3% | £200,280 |
| June 2010 | 12% | £197,789 |
| June 2009 | -10.5% | £176,640 |
| June 2008 | -5.2% | £197,418 |
| June 2007 | 0% | £208,202 |
Rental Market Trends
The current average rental value in the postcode is £1,448.
The OX16 5HW Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,448pcm |
| June 2025 | 4.6% | £1,393pcm |
| June 2024 | 7.9% | £1,332pcm |
| June 2023 | 9% | £1,235pcm |
| June 2022 | 9.6% | £1,133pcm |
| June 2021 | 7.1% | £1,034pcm |
| June 2020 | -0.1% | £965pcm |
| June 2019 | -1% | £966pcm |
| June 2018 | 0.6% | £975pcm |
| June 2017 | 2.2% | £970pcm |
| June 2016 | 3% | £948pcm |
| June 2015 | 4.2% | £921pcm |
| June 2014 | 4% | £883pcm |
| June 2013 | 3.4% | £849pcm |
| June 2012 | 3% | £821pcm |
| June 2011 | 4.7% | £797pcm |
| June 2010 | 7.7% | £761pcm |
| June 2009 | -5.9% | £707pcm |
| June 2008 | 0.8% | £751pcm |
| June 2007 | 0% | £745pcm |
Sales History
The last sale was on 26th February 2021 for £276,000 and since then the market in the area has increased by 15.7%. The postcode has had a total of 14 sales since 1995.
OX16 5HW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Feb 2021£276,000 | 4 Bed House23, Prospect Road, Banbury, OX16 5HW23, Prospect Road, Banbury, OX16 5HW
- Sold Oct 2020£263,500 | 4 Bed House25, Prospect Road, Banbury, OX16 5HW25, Prospect Road, Banbury, OX16 5HW
- Sold Nov 2017£271,500 | 4 Bed House22, Prospect Road, Banbury, OX16 5HW22, Prospect Road, Banbury, OX16 5HW
- Sold Aug 2014£200,000 | 4 Bed House22, Prospect Road, Banbury, OX16 5HW22, Prospect Road, Banbury, OX16 5HW
- Sold Aug 2009£234,000 | 4 Bed House24, Prospect Road, Banbury, OX16 5HW24, Prospect Road, Banbury, OX16 5HW
Nearby Postcodes
OX16 5HW is the 113th largest and the 851st most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 5HH, Prospect Road, Banbury, OX16OX16 5HH12 Addresses|24 m away
- OX16 5HL, Prospect Road, Banbury, OX16OX16 5HL8 Addresses|35 m away
- OX16 5JD, Old Parr Close, Banbury, OX16OX16 5JD12 Addresses|37 m away
- OX16 5HN, Grosvenor Road, Banbury, OX16OX16 5HN26 Addresses|61 m away
- OX16 5HQ, Newland Road, Banbury, OX16OX16 5HQ42 Addresses|62 m away
Property Types
- 4 period houses built between 1800 and 1911
- period house (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
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 5HW 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
