Market Place - OX16 5NW
Key Postcode Insights
OX16 5NW is a residential postcode situated on Market Place, Banbury, OX16 with 2 addresses.
It ranks as the 57th largest and 671st most expensive of the 1,186 postcodes in the OX16 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £281,027
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,342pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
OX16 5NW is a residential postcode situated on Market Place, Banbury, OX16 with 2 addresses.
It ranks as the 57th largest and 671st most expensive of the 1,186 postcodes in the OX16 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £281,027
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,342pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Sales Market Trends
The last sale in OX16 5NW sold for £58,034,379 on 16th January 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £281,027.
The OX16 5NW Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £281,027 |
| June 2025 | 4.2% | £285,076 |
| June 2024 | -0.7% | £273,507 |
| June 2023 | 1.3% | £275,390 |
| June 2022 | 10.5% | £271,768 |
| June 2021 | 5.5% | £245,864 |
| June 2020 | 0.1% | £233,154 |
| June 2019 | -3.9% | £233,005 |
| June 2018 | 2.6% | £242,499 |
| June 2017 | 2.4% | £236,245 |
| June 2016 | 7.6% | £230,640 |
| June 2015 | 9.4% | £214,365 |
| June 2014 | 11.6% | £195,911 |
| June 2013 | 2.3% | £175,614 |
| June 2012 | 1.6% | £171,746 |
| June 2011 | 0.4% | £168,982 |
| June 2010 | 10.2% | £168,278 |
| June 2009 | -12.7% | £152,714 |
| June 2008 | -5.5% | £174,892 |
| June 2007 | 0% | £185,036 |
Rental Market Trends
The current average rental value in the postcode is £1,342.
The OX16 5NW Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,342pcm |
| June 2025 | 4.9% | £1,293pcm |
| June 2024 | 8.4% | £1,232pcm |
| June 2023 | 8.6% | £1,137pcm |
| June 2022 | 10.6% | £1,047pcm |
| June 2021 | 6.3% | £947pcm |
| June 2020 | 0.2% | £891pcm |
| June 2019 | -1.5% | £889pcm |
| June 2018 | 0.6% | £902pcm |
| June 2017 | 2.6% | £897pcm |
| June 2016 | 3.8% | £874pcm |
| June 2015 | 5% | £842pcm |
| June 2014 | 4.6% | £802pcm |
| June 2013 | 4.4% | £767pcm |
| June 2012 | 3.7% | £735pcm |
| June 2011 | 3.9% | £709pcm |
| June 2010 | 6% | £682pcm |
| June 2009 | -8.1% | £644pcm |
| June 2008 | 0.8% | £701pcm |
| June 2007 | 0% | £695pcm |
Sales History
The last sale was on 16th January 2018 for £58,034,379 and since then the market in the area has remained stable. The postcode has had a total of 1 sale since 1995.
OX16 5NW has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
OX16 5NW is the 57th largest and the 671st most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 5UH, Castle Quay, Banbury, OX16OX16 5UH8 Addresses|53 m away
- OX16 5PY, Bridge Street, Banbury, OX16OX16 5PY1 Addresses|59 m away
- OX16 5LG, Market Place, Banbury, OX16OX16 5LG3 Addresses|65 m away
- OX16 5UN, Castle Quay, Banbury, OX16OX16 5UN5 Addresses|85 m away
- OX16 5UW, Castle Quay, Banbury, OX16OX16 5UW15 Addresses|89 m away
Property Types
- 2 other addresses of unknown type
- Unknown (2)
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 (2)
Top 3 Most Expensive Sales
- Sold Jan 2018£58,034,379 | 3 Bed House43, Market Place, Banbury, OX16 5NW43, Market Place, Banbury, OX16 5NW
- Sold Nov 2016£665,000 | 5 Bed House21A, Market Place, Banbury, OX16 5LJ21A, Market Place, Banbury, OX16 5LJ
- Sold Feb 2021£175,000 | 3 Bed House3-4, Market Place, Banbury, OX16 5LG3-4, Market Place, Banbury, OX16 5LG
Schools Nearby
- St Mary's Church of England Primary School, Banbury400 m away
- Dashwood Banbury Academy800 m away
- Harriers Banbury Academy900 m away
- Futures Institute Banbury1.5 km away
- Wykham Park1.6 km away
- Blessed George Napier Catholic School and Sixth Form1.6 km away
More reading links
Public Transport Nearby
The closest station to OX16 5NW is Banbury station, which is 500 metres away.
- Banbury|500 m away
- Kings Sutton|5.9 km away
- Heyford|16.1 km away
- Tackley|20.3 km away