Key indicators for buyers
The OX5 market is moderately favourable for buyers. Prices have softened (-12.2%), which could present a buying opportunity. Affordability has improved from a peak of 10.7x in 2021 to 9.3x today. Rising rents (£1,288/mo, +5.3%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Cherwell area
A home in Cherwell costs 9.3x the local median salary — stretched, improving from a peak of 10.7x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Cherwell area
Average monthly rent in Cherwell is £1,288, up 5.3% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Cherwell price of £418,823 with a 25% deposit (£105k), a 2-year fixed mortgage at 3.97% costs around £1,653 per month.
Monthly cost comparison based on current data
Uses OX5 avg. price with Cherwell rental data
Monthly mortgage payments (£1,653) are £365 more than renting (£1,288). However, buying requires an upfront deposit of £105k — it would take around 14 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
46, CHOREFIELDS OX5 1SX | Terraced | £290,000 | 23 Jan 2026 |
11, CHAMBERLAIN PLACE OX5 1SG | Terraced | £313,000 | 23 Jan 2026 |
FLAT C, 9, THE GARTH, YARNTON OX5 1LZ | Flat/Maisonette | £181,000 | 20 Jan 2026 |
62, MAPLE AVENUE OX5 1HW | Terraced | £300,000 | 14 Jan 2026 |
8, AXTELL CLOSE OX5 1TW | Semi-detached | £290,000 | 12 Jan 2026 |
DOLPHIN COTTAGE, BLETCHINGDON ROAD, KIRTLINGTON OX5 3HF | Detached | £715,000 | 12 Jan 2026 |
16, CHOREFIELDS OX5 1SX | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in OX5 sold for £418,823 in 2026, with a median of £334,250 across 12 transactions. Prices fell 12.2% compared to the previous year.
| £440,000 |
| 8 Jan 2026 |
57, CROFT AVENUE OX5 2HT | Semi-detached | £575,000 | 8 Jan 2026 |
23, MERTON WAY, YARNTON OX5 1NN | Semi-detached | £440,000 | 8 Jan 2026 |
12, ROUNDHAM CLOSE OX5 1SZ | Semi-detached | £350,000 | 8 Jan 2026 |
1, POUND CLOSE, YARNTON OX5 1QG | Detached | £813,370 | 7 Jan 2026 |
57, GREAT CLOSE ROAD, YARNTON OX5 1QR | Terraced | £318,500 | 6 Jan 2026 |
MOOR COTTAGE 5 SERLES FARM COTTAGES, FENCOTT OX5 2RD | Terraced | £245,000 | 19 Dec 2025 |
WOOD VIEW, GREEN LANE, YARNTON OX5 1QE | Detached | £560,000 | 18 Dec 2025 |
97, BANBURY ROAD OX5 1AJ | Detached | £764,650 | 18 Dec 2025 |
51, AYSGARTH ROAD, YARNTON OX5 1ND | Semi-detached | £461,000 | 18 Dec 2025 |
64, AXTELL CLOSE OX5 1TW | Terraced | £207,500 | 18 Dec 2025 |
32, FLATFORD PLACE OX5 1TH | Semi-detached | £358,500 | 17 Dec 2025 |
58, THE PHELPS OX5 1SU | Semi-detached | £263,000 | 17 Dec 2025 |
58, AYSGARTH ROAD, YARNTON OX5 1ND | Detached | £470,000 | 12 Dec 2025 |
The most recent recorded sale in OX5 was a terraced property on Chorefields for £290,000 in January 2026. Across the last 20 sales, the median price was £358,500.