Key indicators for buyers
The OX6 market presents a mixed picture for buyers. Prices are rising at 31.9%, which may favour acting sooner rather than later. 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
The average property in OX6 sold for £190,000 in 2010, with a median of £190,000 across 1 transactions. Prices rose 31.9% compared to the previous year.
2010averages · 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 £190,000 with a 25% deposit (£48k), a 2-year fixed mortgage at 3.97% costs around £750 per month.
Monthly cost comparison based on current data
Uses OX6 avg. price with Cherwell rental data
Monthly mortgage payments (£750) are £538 less than renting (£1,288). However, buying requires an upfront deposit of £48k — it would take around 4 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
2, SOUTH VIEW LODGE, 2, PIGGY LANE OX6 7HT | Terraced | £190,000 | 1 Apr 2010 |
18, WEDGWOOD, BICESTER OX6 7UL | Terraced | £144,000 | 26 Sept 2007 |
2, SOUTH VIEW LODGE, 2, PIGGY LANE, BICESTER OX6 7HT | Semi-detached | £198,000 | 19 Dec 2003 |
21, CORNCRAKE WAY, BICESTER OX6 6UF | Terraced | £147,500 | 15 Dec 2003 |
12, WEDGWOOD OX6 7UL | Terraced | £150,000 | 29 Aug 2003 |
21, CORNCRAKE WAY, BICESTER OX6 6UF | Terraced | £116,850 | 14 Mar 2001 |
1B, ROWAN ROAD OX6 8HN | Detached |
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.
| £189,500 |
| 24 Aug 2000 |
30, BRYONY ROAD OX6 9WY | Terraced | £128,000 | 26 May 2000 |
2, SOUTH VIEW LODGE, 2, PIGGY LANE OX6 7HT | Semi-detached | £85,000 | 2 Dec 1999 |
30, BRYONY ROAD OX6 9WY | Terraced | £65,950 | 26 Nov 1999 |
JASMINE COTTAGE, FIR LANE, STEEPLE ASTON OX6 3SF | Detached | £65,000 | 22 Oct 1999 |
47, HOLM WAY OX6 9YL | Terraced | £66,250 | 20 Feb 1999 |
BROOKLYN LODGE, NORTHAMPTON ROAD, WESTON ON THE GREEN OX6 8QH | Detached | £180,000 | 13 May 1998 |
47, HOLM WAY OX6 9YL | Terraced | £52,950 | 2 Feb 1996 |
REGINA, STATION ROAD, BLACKTHORN OX6 0TA | Detached | £165,000 | 10 Feb 1995 |
The most recent recorded sale in OX6 was a terraced property on Piggy Lane for £190,000 in April 2010. Across the last 15 sales, the median price was £144,000.