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OX16 5LJ
Home, House Prices, Market Place, Cherwell, South East
OX16 5LJ

Market Place - OX16 5LJ

Last updated Jul 2026

Key Postcode Insights

OX16 5LJ is a residential postcode situated on Market Place, Banbury, OX16 with 1 addresses.

It ranks as the 17th largest and 1151st most expensive of the 1,186 postcodes in the OX16 area.

The postcode contains a total of 1 properties: 1 house.

Ave. Sale Price
£516,875
10 Year change
up 20.5%
Ave. Rental Price
£1,897pcm
10 Year change
up 51.9%
Ave. £ per ft²
£239/ft²
Ave. Gross Yield
4.4%/year/yr
All figures are subject to T&Cs
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Explore Propertiesin OX16 5LJ

House
0 houses
Group
0 flats

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Sales Market Trends

The last sale in OX16 5LJ sold for £665,000 on 22nd November 2016. Since then prices are down an average of 0.0%.

The current average value in the postcode is £516,875.
The OX16 5LJ Sales Market has increased by 20.5% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-1.6%£516,875
June 20253.5%£525,027
June 2024-1.6%£507,309
June 20231.9%£515,423
June 20229.6%£506,058
June 20216.5%£461,848
June 20200.2%£433,636
June 2019-3.3%£432,935
June 20182.7%£447,594
June 20171.6%£435,883
June 20166.6%£428,927
June 20158.6%£402,295
June 201411%£370,348
June 20130.6%£333,657
June 20121.8%£331,809
June 20111%£325,851
June 201011.5%£322,783
June 2009-10.4%£289,590
June 2008-3.8%£323,151
June 20070%£335,848
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Rental Market Trends

The current average rental value in the postcode is £1,897.
The OX16 5LJ Rental Market has increased by 51.9% over the last 10 years.

PeriodYear on YearAverage Price
June 20263.7%£1,897pcm
June 20254.2%£1,829pcm
June 20247.4%£1,756pcm
June 20239.1%£1,634pcm
June 20229.6%£1,498pcm
June 20217.4%£1,367pcm
June 20200.3%£1,273pcm
June 2019-0.8%£1,269pcm
June 20180.7%£1,280pcm
June 20171.8%£1,271pcm
June 20162.8%£1,249pcm
June 20154.2%£1,214pcm
June 20144%£1,165pcm
June 20132.7%£1,120pcm
June 20123.9%£1,090pcm
June 20114.4%£1,050pcm
June 20107.2%£1,005pcm
June 2009-5.7%£938pcm
June 20082.6%£995pcm
June 20070%£969pcm
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Sales History

The last sale was on 22nd November 2016 for £665,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.

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

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Nearby Postcodes

OX16 5LJ is the 17th largest and the 1151st most expensive postcode out of the 1,186 postcodes in the OX16 area.

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Property Types

  • 1 other address of unknown type
  • Unknown (1)
Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys conducted for 0 properties.
  • The most common rating is no_epc_ratings.
  • A (0)
  • E (0)
  • B (0)
  • F (0)
  • C (0)
  • G (0)
  • D (0)
  • No EPC (1)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to OX16 5LJ is St Mary's Church of England Primary School, Banbury, which is 400 metres away.
  • St Mary's Church of England Primary School, Banbury
    400 m away
  • Harriers Banbury Academy
    800 m away
  • Dashwood Banbury Academy
    900 m away
The nearest secondary school is Futures Institute Banbury, which is 1.4 kilometres away.
  • Futures Institute Banbury
    1.4 km away
  • Wykham Park
    1.5 km away
  • Blessed George Napier Catholic School and Sixth Form
    1.6 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to OX16 5LJ is Banbury station, which is 600 metres away.

  • Banbury
    |
    600 m away
  • Kings Sutton
    |
    5.9 km away
  • Heyford
    |
    16.1 km away
  • Tackley
    |
    20.3 km away
Source: National Rail
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