Parsons Street - OX16 5LY
Key Postcode Insights
OX16 5LY is a residential postcode situated on Parsons Street, Banbury, OX16 with 17 addresses.
It ranks as the 600th largest and 141st most expensive of the 1,186 postcodes in the OX16 area.
The postcode contains a total of 17 properties: 1 house and 16 flats.
- Ave. Sale Price
- £170,873
- 10 Year change
- up 8.2%
- Ave. Rental Price
- £921pcm
- 10 Year change
- up 36.4%
- Ave. £ per ft²
- £182/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
OX16 5LY is a residential postcode situated on Parsons Street, Banbury, OX16 with 17 addresses.
It ranks as the 600th largest and 141st most expensive of the 1,186 postcodes in the OX16 area.
The postcode contains a total of 17 properties: 1 house and 16 flats.
- Ave. Sale Price
- £170,873
- 10 Year change
- up 8.2%
- Ave. Rental Price
- £921pcm
- 10 Year change
- up 36.4%
- Ave. £ per ft²
- £182/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin OX16 5LY
- 15A Parsons Street
Unknown
- 16 Parsons Street
Building  |  2 Flats
- 19 Parsons Street
Building  |  2 Flats
- Flat
Unknown
- Flat
Unknown
Sales Market Trends
The last sale in OX16 5LY sold for £35,000 on 21st November 2017. Since then prices are down an average of 0.0%.
The current average value in the postcode is £170,873.
The OX16 5LY Sales Market has increased by 8.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £170,873 |
| June 2025 | 2.3% | £174,988 |
| June 2024 | -0.8% | £171,069 |
| June 2023 | 0.3% | £172,375 |
| June 2022 | 7.5% | £171,871 |
| June 2021 | 3.5% | £159,914 |
| June 2020 | -0.2% | £154,530 |
| June 2019 | -4% | £154,913 |
| June 2018 | 1% | £161,378 |
| June 2017 | 1.1% | £159,757 |
| June 2016 | 6.4% | £157,971 |
| June 2015 | 8.1% | £148,457 |
| June 2014 | 10.3% | £137,304 |
| June 2013 | 1.4% | £124,492 |
| June 2012 | -0.2% | £122,763 |
| June 2011 | 1.1% | £122,979 |
| June 2010 | 9.1% | £121,685 |
| June 2009 | -13.8% | £111,542 |
| June 2008 | -5.8% | £129,326 |
| June 2007 | 0% | £137,322 |
Rental Market Trends
The current average rental value in the postcode is £921.
The OX16 5LY Rental Market has increased by 36.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £921pcm |
| June 2025 | 2.9% | £895pcm |
| June 2024 | 8.3% | £869pcm |
| June 2023 | 7.4% | £803pcm |
| June 2022 | 7.5% | £747pcm |
| June 2021 | 4.4% | £695pcm |
| June 2020 | -0.1% | £666pcm |
| June 2019 | -1.6% | £667pcm |
| June 2018 | -1% | £677pcm |
| June 2017 | 1.3% | £684pcm |
| June 2016 | 2.6% | £675pcm |
| June 2015 | 3.7% | £658pcm |
| June 2014 | 3.4% | £634pcm |
| June 2013 | 3.6% | £613pcm |
| June 2012 | 1.8% | £592pcm |
| June 2011 | 4.5% | £582pcm |
| June 2010 | 4.9% | £557pcm |
| June 2009 | -9.2% | £530pcm |
| June 2008 | 0.5% | £584pcm |
| June 2007 | 0% | £582pcm |
Sales History
The last sale was on 21st November 2017 for £35,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
OX16 5LY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2017£35,000 | 3 Bed Flat26A, Parsons Street, Banbury, OX16 5LY26A, Parsons Street, Banbury, OX16 5LY
- Sold Mar 2016£130,000 | 4 Bed House25, Parsons Street, Banbury, OX16 5LY25, Parsons Street, Banbury, OX16 5LY
- Sold Oct 1998£70,000 | 4 Bed House25, Parsons Street, Banbury, OX16 5LY25, Parsons Street, Banbury, OX16 5LY
Nearby Postcodes
OX16 5LY is the 600th largest and the 141st most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 5NA, Parsons Street, Banbury, OX16OX16 5NA12 Addresses|23 m away
- OX16 5LZ, London Yard, Banbury, OX16OX16 5LZ13 Addresses|66 m away
- OX16 5LU, St. Marys Close, Banbury, OX16OX16 5LU6 Addresses|69 m away
- OX16 0FS, Bolton Road, Banbury, OX16OX16 0FS8 Addresses|70 m away
- OX16 5LX, Church Lane, Banbury, OX16OX16 5LX3 Addresses|72 m away
Property Types
- 17 other addresses of unknown type
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (1)
- D (1)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Sep 2021£1,700,000 | 3 Bed House3A, Parsons Street, Banbury, OX16 5LW3A, Parsons Street, Banbury, OX16 5LW
- Sold Feb 2017£200,000 | 2 Bed Flat61, Parsons Street, Banbury, OX16 5NB61, Parsons Street, Banbury, OX16 5NB
- Sold Nov 2020£190,000 | 3 Bed FlatFlat 8, 35-38, Parsons Street, Banbury, OX16 5NAFlat 8, 35-38, Parsons Street, Banbury, OX16 5NA
Schools Nearby
- St Mary's Church of England Primary School, Banbury300 m away
- Harriers Banbury Academy700 m away
- Dashwood Banbury Academy1.1 km away
- Futures Institute Banbury1.4 km away
- Wykham Park1.4 km away
- Blessed George Napier Catholic School and Sixth Form1.5 km away
More reading links
Public Transport Nearby
The closest station to OX16 5LY is Banbury station, which is 700 metres away.
- Banbury|700 m away
- Kings Sutton|6.0 km away
- Heyford|16.1 km away
- Tackley|20.3 km away
