• Sat. Jun 15th, 2024

West Oxfordshire house prices: Average house prices fall by £6,000

Byoxfordnewspaper

Sep 6, 2022

House prices in West Oxfordshire have gone down by an average of over £6,000 in the month of June, according to figures from the Land Registry.

The latest data from the government department reveals that in June 2022 average house prices in West Oxfordshire reached £385,010.

This was down from £391,015 in May, representing a 1.5 per cent decrease. In the last 12 months it has risen by 13.3 per cent.

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

How much have house prices decreased in West Oxfordshire?

Breaking it down for specific types of housing, all prices saw a decrease.

  • Detached houses – Down to £622,203 from £635,924 in May
  • Semi-detached houses – Down to £397,463 from £403,318 in May
  • Terraced houses – Down to £326,809 from £329,783 in May
  • Flats – Down to £210,330 from £212,778 in May

Oxford Mail: What%are%the%latest%house%prices%in%West Oxfordshire%? (PA)What%are%the%latest%house%prices%in%West Oxfordshire%? (PA)

How do West Oxfordshire house prices compare to the UK average?

Despite the fall in prices this month, West Oxfordshire is still well above the UK average with a typical property value in the nations reaching £286,397 in June.

In cash terms, the average house price in June was £20,721 higher than a year earlier with house price growth accelerating to 7.8 per cent in June 2022. Prices were up by 1.0 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 West Oxfordshire are the most expensive for average house prices.