Housing Market Analysis for MERTON STREET, OX16 4RP

Are you looking to understand OX16 4RP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Cherwell postcode.

For the location information and nearby amenities in the OX16 4RP area, explore the OX16 4RP Area information page.
For comprehensive crime statistics in the OX16 4RP area, explore the OX16 4RP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OX16 4RP postcode area, The average prices are as follows,

Flat
- The average price is around £64,176 median price is £53,000 Standard Deviation is £33,017 with Total Sold: 25
- The Last 5 Year average price is £123,000 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 1, 4 MERTON STREET: £135,000 (Sold on 29 Sep 2021)
- The first recorded sale happened at this postcode is FLAT 3, HEYFORD HOUSE, 7 MERTON STREET: £26,000 (Sold on 13 Apr 1995)
Terraced
- The average price is around £70,000 median price is £70,000 Standard Deviation is £10,000 with Total Sold: 2
- The most recent sale happened at this postcode is 2 MERTON STREET: £80,000 (Sold on 06 Mar 2000)
- The first recorded sale happened at this postcode is 3 MERTON STREET: £60,000 (Sold on 01 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average OX16 4RP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£123,000	£2,430	2
2018	£107,000		1
2015	£77,000	£2,122	1
2014	£105,000	£2,188	2
2011	£71,000	£1,917	1
2007	£107,000	£2,229	1
2005	£90,500	£1,948	2
2003	£78,500	£1,635	1
2001	£53,500	£1,293	2
2000	£40,590	£891	5
1999	£40,000	£787	2
1997	£27,667	£578	3
1996	£27,950		1
1995	£26,000	£717	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£80,000		1
1998	£60,000	£698	1

All the Sales in the MERTON STREET, OX16 4RP

See the table below for more details on the sold house prices in the OX16 4RP, Cherwell postcode.

Address	Sold Date	Price	% Change
FLAT 1, 4 MERTON STREETFlat, LeaseholdArea: 53 Sq.mtrAge: 1900-1929	29 Sep 2021	£135,000	54.29%
	12 Oct 2005	£87,500	90.42%
	31 Oct 2000	£45,950	64.40%
	19 Jul 1996	£27,950	First Sale
FLAT 6, HEYFORD HOUSE, 7 MERTON STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 1930-1949	27 Sep 2021	£111,000	5.71%
	07 Nov 2014	£105,000	303.85%
	21 Apr 1997	£26,000	First Sale
FLAT 3, 4 MERTON STREETFlat, Leasehold	10 Dec 2018	£107,000	177.92%
FLAT 3, 4 MERTON STREETFlat, Leasehold	01 Feb 2000	£38,500	First Sale
FLAT 3, HEYFORD HOUSE, 7 MERTON STREETFlat, LeaseholdArea: 36.28 Sq.mtrAge: 1900-1929	05 May 2015	£77,000	45.28%
	07 Dec 2001	£53,000	89.29%
	23 Jun 2000	£28,000	7.69%
	13 Apr 1995	£26,000	First Sale
FLAT 1, HEYFORD HOUSE, 7 MERTON STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 1900-1929	30 May 2014	£105,000	-1.87%
	16 Feb 2007	£107,000	14.44%
	14 Oct 2005	£93,500	216.95%
	23 Dec 1997	£29,500	First Sale
FLAT 2, 4 MERTON STREETFlat, LeaseholdArea: 37.032 Sq.mtrAge: 1900-1929	01 Jul 2011	£71,000	61.36%
	26 Jun 2000	£44,000	22.22%
	03 Jun 1999	£36,000	First Sale
FLAT 5, HEYFORD HOUSE, 7 MERTON STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 1900-1929	10 Jun 2003	£78,500	45.37%
	08 Jun 2001	£54,000	First Sale
2 MERTON STREETTerraced, Freehold	06 Mar 2000	£80,000	First Sale
FLAT 2, HEYFORD HOUSE, 7 MERTON STREETFlat, LeaseholdArea: 63.14 Sq.mtrAge: before 1900	07 Feb 2000	£46,500	First Sale
FLAT 2, 5 MERTON STREETFlat, LeaseholdArea: 73 Sq.mtrAge: 1900-1929	11 Jun 1999	£44,000	60.00%
	17 Feb 1997	£27,500	First Sale
3 MERTON STREETTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	01 Jun 1998	£60,000	First Sale

Check out the sold house prices near the OX16 4RP postcode. Properties currently for saleProperties currently for rent

MERTON STREET, OX16 4RP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OX16 4RP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the OX16 4RP postcode.

Flat
- The average price is around £107,545 median price is £111,158 Standard Deviation is £50,459 with Total Sold: 1,844
- The Last 5 Year average price is £135,004 with Total Sold: 241
- The most recent sale happened at this postcode is 75, SPENCER COURT BRITANNIA ROAD: £92,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 63 VICTORIA PLACE: £28,000 (Sold on 04 Jan 1995)
Semi-Detached
- The average price is around £137,394 median price is £131,000 Standard Deviation is £70,121 with Total Sold: 471
- The Last 5 Year average price is £244,567 with Total Sold: 57
- The most recent sale happened at this postcode is , 10 OLD SCHOOL PLACE: £260,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 65 EAST STREET: £34,750 (Sold on 10 Mar 1995)
Terraced
- The average price is around £139,796 median price is £141,250 Standard Deviation is £66,703 with Total Sold: 930
- The Last 5 Year average price is £224,386 with Total Sold: 119
- The most recent sale happened at this postcode is , 19 WEST STREET: £335,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 23 EAST STREET: £33,000 (Sold on 03 Jan 1995)
Other
- The average price is around £2,685,580 median price is £245,000 Standard Deviation is £10,073,981 with Total Sold: 71
- The Last 5 Year average price is £1,590,522 with Total Sold: 37
- The most recent sale happened at this postcode is , 24 MIDDLETON ROAD: £220,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , SWAN CLOSE STUDIOS TRAMWAY ROAD: £255,600 (Sold on 10 Oct 2013)
Detached
- The average price is around £187,991 median price is £168,000 Standard Deviation is £132,967 with Total Sold: 155
- The Last 5 Year average price is £362,793 with Total Sold: 15
- The most recent sale happened at this postcode is , 131A CAUSEWAY: £243,750 (Sold on 05 Feb 2024)
- The first recorded sale happened at this postcode is , 12 MARKET PLACE: £200,000 (Sold on 30 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,400	£2,609	15
2023	£133,951	£2,612	38
2022	£142,056	£2,726	49
2021	£137,046	£2,495	53
2020	£130,580	£2,524	40
2019	£133,967	£2,606	46
2018	£137,990	£2,661	44
2017	£138,203	£2,718	58
2016	£147,104	£2,694	85
2015	£132,697	£2,552	66
2014	£117,742	£2,415	66
2013	£108,878	£2,101	41
2012	£106,520	£1,937	37
2011	£114,853	£2,212	36
2010	£116,626	£2,333	68
2009	£119,813	£2,382	48
2008	£137,757	£2,717	56
2007	£138,758	£2,492	150
2006	£142,227	£2,620	139
2005	£113,657	£2,214	75
2004	£97,266	£2,085	57
2003	£89,179	£1,908	41
2002	£78,556	£1,745	73
2001	£69,184	£1,508	95
2000	£69,541	£1,359	87
1999	£56,590	£1,210	89
1998	£41,734	£831	40
1997	£36,509	£796	53
1996	£34,189	£744	41
1995	£34,698	£698	58

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£252,857	£3,305	7
2023	£255,500	£3,108	14
2022	£263,761	£3,709	9
2021	£243,705	£3,182	11
2020	£221,154	£2,932	8
2019	£221,188	£3,514	8
2018	£227,600	£3,115	10
2017	£233,810	£3,661	10
2016	£196,666	£2,428	3
2015	£196,144	£2,905	8
2014	£185,857	£2,576	7
2013	£150,700	£2,438	5
2012	£158,250	£2,305	8
2011	£162,700	£2,515	5
2010	£162,168	£2,485	11
2009	£169,940	£2,091	11
2008	£155,550	£1,939	10
2007	£192,940	£2,115	24
2006	£167,232	£2,172	23
2005	£151,605	£2,138	24
2004	£166,210	£2,056	21
2003	£129,211	£1,766	19
2002	£111,122	£1,675	27
2001	£102,203	£1,348	15
2000	£103,220	£1,424	20
1999	£74,218	£1,113	30
1998	£70,088	£1,075	61
1997	£61,364	£895	44
1996	£46,500	£532	11
1995	£40,642	£447	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£251,328	£3,331	9
2023	£233,629	£3,097	23
2022	£244,579	£3,258	19
2021	£219,057	£2,726	27
2020	£201,812	£2,584	16
2019	£211,038	£2,529	25
2018	£213,765	£2,761	17
2017	£218,021	£2,777	24
2016	£208,240	£2,507	35
2015	£206,898	£2,419	23
2014	£165,580	£2,394	28
2013	£166,428	£1,897	29
2012	£161,212	£2,081	18
2011	£145,962	£2,172	13
2010	£168,127	£3,049	15
2009	£163,223	£2,807	24
2008	£167,924	£1,946	20
2007	£166,596	£2,148	53
2006	£152,252	£1,943	49
2005	£151,748	£1,990	50
2004	£147,038	£1,823	38
2003	£134,910	£1,844	31
2002	£117,137	£1,619	38
2001	£92,109	£1,217	47
2000	£87,855	£1,271	43
1999	£68,920	£950	51
1998	£65,768	£954	51
1997	£52,994	£821	61
1996	£38,063	£479	29
1995	£38,517	£468	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£6,504,000		5
2023	£242,750	£2,388	4
2022	£629,818	£8,742	7
2021	£189,917	£1,772	6
2020	£469,178		9
2019	£2,597,917	£3,091	6
2018	£14,762,357	£2,594	8
2017	£718,679	£3,214	7
2016	£415,104	£1,346	13
2015	£528,316	£1,576	4
2014	£931,999		1
2013	£255,600		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£243,750		1
2022	£408,405	£3,599	9
2021	£345,832	£3,118	3
2020	£260,000	£2,766	1
2019	£225,000	£2,786	1
2018	£260,000	£3,824	1
2016	£276,750	£2,993	4
2015	£339,058	£3,582	2
2014	£249,362	£3,065	4
2013	£193,250	£2,931	4
2012	£214,500	£2,299	2
2011	£177,667	£2,912	3
2010	£191,000	£2,758	3
2009	£195,500	£2,311	2
2008	£202,000	£2,519	2
2007	£214,100	£2,121	14
2006	£187,400	£2,469	8
2005	£224,279	£2,221	7
2004	£187,119	£1,883	8
2003	£321,878	£2,380	9
2002	£135,667	£1,880	3
2001	£130,950	£1,663	5
2000	£109,067	£1,256	6
1999	£91,983	£1,326	9
1998	£85,409	£1,104	28
1997	£90,385	£958	11
1996	£62,000	£754	3
1995	£487,500		2

House Type in OX16 4RP area

The most common house types in the OX16 4RP postcode area are Flat (97), Terraced (61), and Shared house (11).

Total	191
Flat	97
Terraced	61
Shared house	11
Detached	9
converted building	7
Semi-detached	5
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (83), and Owned: Owns outright (54).

Private rented: Private landlord or letting agency	83
Owned: Owns outright	54
Owned: Owns with a mortgage or loan	38
Private rented: Other private rented	9
Social rented: Other social rented	8
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the OX16 4RP have 1 person in household (98), and 2 people in household (51).

1 person in household	98
2 people in household	51
3 people in household	19
4 people in household	13
5 people in household	6
6 people in household	3
8 or more people in household	2
7 people in household	1
0 people in household	0