Oxford Annual Housing Market Index
Highlight
· The average price of a home in Oxford is currently £307,692
· Average house prices in Oxford increased 5.4% between 2005 and 2006
· Terraced homes were the most popular properties in Oxford in 2006, making up 32.5% of sales
· The most expensive property of 2006 was sold for £3million on Rawlinson Road in the Summertown area of Oxford
· The top ten most expensive streets in Oxford all had properties sell for over £1million in 2006
House Prices & House Sales:
There was a strong positive growth in the Oxford housing market in 2006, with the total number of property sales increasing by a massive 22%, bringing supply back to the levels experienced in 2001-2002. Sale prices also increased significantly on the previous year, with the average price breaching the £300,000 mark and the most expensive property for the city reaching £3.25million.
Summary
In 2006, detached homes experienced the biggest price growth in 2006, with a 13.7% increase on 2005. In keeping with previous years, terraced homes made up the highest percentage of sales, although a number of new developments in and around the town centre boosted the number of apartment sales in 2006.
Download the pdf document to view detailed illustrations of the Oxford housing market.
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