• Mon. May 20th, 2024

Oxfordshire house prices: Average house prices rise by £2,000

Byoxfordnewspaper

Aug 8, 2022

House prices in Oxfordshire have gone up by an average of more than £2,000 in the month of May, according to figures from the Land Registry.

The latest data from the government department reveals that in May 2022 average house prices in Oxfordshire reached £425,155.

This was up from £422,279 in April, representing a 0.7 per cent increase. In the last 12 months it has risen by 11.8 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Oxfordshire here.

How much have house prices increased in Oxfordshire?

Breaking it down for specific types of housing, all prices saw an increase.

  • Detached houses – Up to £699,808 from £695,797 in April
  • Semi-detached houses – Up to £443,553 from £440,204 in April
  • Terraced houses – Up to £354,621 from £351,490 in April
  • Flats – Up to £235,226 from £234,545 in April

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How do Oxfordshire house prices compare to the UK average?

Even when comparing Oxfordshire to the picture across the UK, the area is well above the UK average with a typical property value in the nations reaching £283,496 in May.

In cash terms, the average house price in May was £32,210 higher than a year earlier with house price growth accelerating to 12.8 per cent in May 2022. Prices were up by 1.2 per cent month on month.

How much could your house be worth?

We have created this map for the South East so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Oxfordshire are the most expensive for average house prices.