Key indicators for buyers
The OX2 market is moderately favourable for buyers. Prices have softened (-39.0%), which could present a buying opportunity. Affordability has improved from a peak of 12.2x in 2017 to 10.3x today. Rising rents (£1,937/mo, +6.7%) 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 Oxford area
A home in Oxford costs 10.3x the local median salary — very stretched, improving from a peak of 12.2x in 2017.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Oxford area
Average monthly rent in Oxford is £1,937, up 6.7% 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 Oxford price of £465,318 with a 25% deposit (£116k), a 2-year fixed mortgage at 3.97% costs around £1,836 per month.
Monthly cost comparison based on current data
Uses OX2 avg. price with Oxford rental data
Monthly mortgage payments (£1,836) are £101 less than renting (£1,937). However, buying requires an upfront deposit of £116k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 4, 121, PINNOCKS WAY OX2 9DE | Flat/Maisonette | £245,000 | 15 Jan 2026 |
6, GROVE STREET OX2 7JT | Detached | £735,000 | 15 Jan 2026 |
FLAT 3, QUEENS GATE, 83, FIVE MILE DRIVE OX2 8HH | Flat/Maisonette | £325,000 | 15 Jan 2026 |
THE FORD, NORTH HINKSEY LANE OX2 0LZ | Detached | £850,000 | 14 Jan 2026 |
202, BOTLEY ROAD OX2 0HW | Semi-detached | £570,000 | 14 Jan 2026 |
55, MILL STREET OX2 0AL | Terraced | £546,000 | 9 Jan 2026 |
44, FOGWELL ROAD OX2 9SD | 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.
The average property in OX2 sold for £465,318 in 2026, with a median of £505,000 across 11 transactions. Prices fell 39.0% compared to the previous year.
| £505,000 |
| 7 Jan 2026 |
19, THIRD ACRE RISE OX2 9DA | Detached | £625,000 | 6 Jan 2026 |
FLAT 3, DELAWARR GARDENS, 59, RALEIGH PARK ROAD OX2 9GE | Flat/Maisonette | £240,000 | 5 Jan 2026 |
6, DOVE HOUSE CLOSE OX2 8BG | Flat/Maisonette | £375,500 | 5 Jan 2026 |
FLAT 31, TUMBLING BAY COURT, HENRY ROAD OX2 0PE | Flat/Maisonette | £102,000 | 5 Jan 2026 |
36, HAREFIELDS OX2 8NS | Semi-detached | £715,000 | 19 Dec 2025 |
218, BOTLEY ROAD OX2 0HW | Semi-detached | £475,000 | 19 Dec 2025 |
82, EDWIN COURT, BINSEY LANE OX2 0QJ | Flat/Maisonette | £362,500 | 19 Dec 2025 |
37, STRATFIELD ROAD OX2 7BG | Terraced | £1,000,000 | 19 Dec 2025 |
13, LIME ROAD OX2 9EQ | Semi-detached | £395,000 | 19 Dec 2025 |
14, NORREYS ROAD, CUMNOR OX2 9PT | Semi-detached | £835,000 | 17 Dec 2025 |
88, VICTORIA ROAD OX2 7QE | Terraced | £1,175,000 | 17 Dec 2025 |
FLAT 1, 57, VICTORIA ROAD OX2 7QF | Flat/Maisonette | £460,000 | 15 Dec 2025 |
26, ST MARGARETS ROAD OX2 6RX | Detached | £2,000,000 | 15 Dec 2025 |
The most recent recorded sale in OX2 was a flat/maisonette property on Pinnocks Way for £245,000 in January 2026. Across the last 20 sales, the median price was £546,000.