Market outlook for Oxford
Key indicators for buyers
The Oxford market is moderately favourable for buyers. 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.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Oxford costs 10.3x the local median salary — very stretched, improving from a peak of 12.2x in 2017.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Oxford is £1,937, up 6.7% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Oxford price of £478,013 with a 25% deposit (£120k), a 2-year fixed mortgage at 3.97% costs around £1,886 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,886) are £51 less than renting (£1,937). However, buying requires an upfront deposit of £120k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
45, CONISTON AVENUE, HEADINGTON OX3 0AW | Semi-detached | £650,000 | 23 Jan 2026 |
1, HAWTHORN CLOSE OX39 4GD | Semi-detached | £430,000 | 23 Jan 2026 |
FLAT 17, TENNYSON LODGE, PARADISE SQUARE OX1 1UD | Flat/Maisonette | £402,500 | 23 Jan 2026 |
203, MORRELL AVENUE OX4 1NF | Semi-detached | £750,000 | 23 Jan 2026 |
14, VICARAGE CLOSE OX4 4PL | Semi-detached | £425,000 | 23 Jan 2026 |
15, REDMOOR CLOSE OX4 4PT | Terraced | £375,000 | 22 Jan 2026 |
25, ABLETT CLOSE OX4 1XH | Terraced |
Explore postcodes in Oxford
4postcode districts · Click for detailed prices
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.