Parsons Street - OX16 5NB
Key Postcode Insights
OX16 5NB is a residential postcode situated on Parsons Street, Banbury, OX16 with 20 addresses.
It ranks as the 714th largest and 143rd 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 20 properties: 20 flats.
- Ave. Sale Price
- £147,694
- 10 Year change
- up 5.6%
- Ave. Rental Price
- £831pcm
- 10 Year change
- up 33.1%
- Ave. £ per ft²
- £216/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
OX16 5NB is a residential postcode situated on Parsons Street, Banbury, OX16 with 20 addresses.
It ranks as the 714th largest and 143rd 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 20 properties: 20 flats.
- Ave. Sale Price
- £147,694
- 10 Year change
- up 5.6%
- Ave. Rental Price
- £831pcm
- 10 Year change
- up 33.1%
- Ave. £ per ft²
- £216/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin OX16 5NB
- Old Town Suites
Building  |  2 Flats
- Orchard House
7 Units
- 49A Parsons Street
Building  |  4 Flats
- 50 Parsons Street
Unknown
- Flat 1, 51-52 Parsons Street
2 Bed Period Flat
Sales Market Trends
The last sale in OX16 5NB sold for £200,000 on 23rd February 2017. Since then prices are down an average of 0.0%.
The current average value in the postcode is £147,694.
The OX16 5NB Sales Market has increased by 5.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £147,694 |
| June 2025 | 2.2% | £151,122 |
| June 2024 | -0.7% | £147,832 |
| June 2023 | -0.1% | £148,872 |
| June 2022 | 7% | £149,012 |
| June 2021 | 2.8% | £139,317 |
| June 2020 | -0.2% | £135,499 |
| June 2019 | -4% | £135,831 |
| June 2018 | 0.4% | £141,546 |
| June 2017 | 0.9% | £141,038 |
| June 2016 | 6.3% | £139,841 |
| June 2015 | 7.9% | £131,578 |
| June 2014 | 10.2% | £121,958 |
| June 2013 | 1.3% | £110,715 |
| June 2012 | -0.5% | £109,311 |
| June 2011 | 0.5% | £109,837 |
| June 2010 | 8.1% | £109,249 |
| June 2009 | -14.1% | £101,046 |
| June 2008 | -5.3% | £117,616 |
| June 2007 | 0% | £124,244 |
Rental Market Trends
The current average rental value in the postcode is £831.
The OX16 5NB Rental Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £831pcm |
| June 2025 | 2.9% | £807pcm |
| June 2024 | 8.4% | £785pcm |
| June 2023 | 7% | £724pcm |
| June 2022 | 7% | £677pcm |
| June 2021 | 3.7% | £632pcm |
| June 2020 | -0.1% | £610pcm |
| June 2019 | -1.6% | £611pcm |
| June 2018 | -1.6% | £621pcm |
| June 2017 | 1% | £631pcm |
| June 2016 | 2.5% | £624pcm |
| June 2015 | 3.5% | £609pcm |
| June 2014 | 3.3% | £588pcm |
| June 2013 | 3.4% | £570pcm |
| June 2012 | 1.5% | £551pcm |
| June 2011 | 4% | £543pcm |
| June 2010 | 4% | £522pcm |
| June 2009 | -9.6% | £502pcm |
| June 2008 | 1% | £555pcm |
| June 2007 | 0% | £550pcm |
Sales History
The last sale was on 23rd February 2017 for £200,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
OX16 5NB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Feb 2017£200,000 | 2 Bed Flat61, Parsons Street, Banbury, OX16 5NB61, Parsons Street, Banbury, OX16 5NB
- Sold Jan 2016£106,000 | 2 Bed Flat61, Parsons Street, Banbury, OX16 5NB61, Parsons Street, Banbury, OX16 5NB
- Sold Sep 2003£99,000 | 2 Bed Flat52, Parsons Street, Banbury, OX16 5NB52, Parsons Street, Banbury, OX16 5NB
- Sold Dec 2001£73,000 | 2 Bed Flat52, Parsons Street, Banbury, OX16 5NB52, Parsons Street, Banbury, OX16 5NB
Nearby Postcodes
OX16 5NB is the 714th largest and the 143rd most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 5UL, Bolton Road, Banbury, OX16OX16 5UL3 Addresses|25 m away
- OX16 5LW, Parsons Street, Banbury, OX16OX16 5LW18 Addresses|28 m away
- OX16 5NG, Cornhill, Banbury, OX16OX16 5NG3 Addresses|62 m away
- OX16 5LJ, Market Place, Banbury, OX16OX16 5LJ1 Addresses|70 m away
- OX16 5LX, Church Lane, Banbury, OX16OX16 5LX3 Addresses|72 m away
Property Types
- 1 period flat built between 1800 and 1911
- 19 other addresses of unknown type
- period flat (1)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (2)
- G (0)
- D (5)
- No EPC (12)
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 Academy800 m away
- Dashwood Banbury Academy1.0 km away
- Futures Institute Banbury1.4 km away
- Wykham Park1.5 km away
- Blessed George Napier Catholic School and Sixth Form1.6 km away
More reading links
Public Transport Nearby
The closest station to OX16 5NB 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