Housing Market Analysis for MERTON WAY, OX5 1NN

Are you looking to understand OX5 1NN 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 OX5 1NN area, explore the OX5 1NN Area information page.
For comprehensive crime statistics in the OX5 1NN area, explore the OX5 1NN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OX5 1NN postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £222,340 median price is £230,000 Standard Deviation is £116,991 with Total Sold: 25
- The Last 5 Year average price is £354,500 with Total Sold: 4
- The most recent sale happened at this postcode is 35 MERTON WAY: £297,000 (Sold on 26 May 2023)
- The first recorded sale happened at this postcode is 7 MERTON WAY: £413,000 (Sold on 04 Apr 2024)
Terraced
- The average price is around £85,000 median price is £85,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 20 MERTON WAY: £85,000 (Sold on 30 Jan 2009)
- The first recorded sale happened at this postcode is 20 MERTON WAY: £85,000 (Sold on 30 Jan 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average OX5 1NN 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£297,000	£3,536	1
2021	£318,000	£4,417	1
2019	£390,000	£3,421	1
2018	£410,000	£3,534	1
2017	£450,000	£3,383	1
2015	£310,000	£3,407	1
2013	£237,875	£2,877	4
2012	£230,000	£2,665	1
2011	£248,000	£2,726	1
2007	£243,000	£2,928	1
2006	£205,000	£2,440	1
2005	£223,000	£1,836	2
2001	£130,000	£1,121	1
1998	£83,333	£989	3
1997	£72,750	£564	2
1996	£60,750		2
2024	£413,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£85,000		1

All the Sales in the MERTON WAY, OX5 1NN

See the table below for more details on the sold house prices in the OX5 1NN, Cherwell postcode.

Address	Sold Date	Price	% Change
35 MERTON WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	26 May 2023	£297,000	44.88%
	03 Feb 2006	£205,000	144.05%
	16 Feb 1998	£84,000	First Sale
33 MERTON WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	23 Apr 2021	£318,000	47.91%
	10 Apr 2013	£215,000	First Sale
23 MERTON WAYSemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1950-1966	18 Apr 2019	£390,000	First Sale
22 MERTON WAYSemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1950-1966	10 Aug 2018	£410,000	92.49%
	23 Aug 2005	£213,000	63.85%
	30 Nov 2001	£130,000	First Sale
34 MERTON WAYSemi-Detached, FreeholdArea: 133 Sq.mtrAge: 1930-1949	11 Sep 2017	£450,000	63.64%
	04 Sep 2013	£275,000	266.67%
	14 Nov 1997	£75,000	First Sale
19 MERTON WAYSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-1966	03 Aug 2015	£310,000	First Sale
29 MERTON WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	04 Oct 2013	£225,000	First Sale
30 MERTON WAYSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	28 Jun 2013	£236,500	First Sale
9 MERTON WAYSemi-Detached, FreeholdArea: 86.32 Sq.mtrAge: 1930-1949	25 May 2012	£230,000	First Sale
7 MERTON WAYSemi-Detached, FreeholdArea: 90.98 Sq.mtrAge: 1950-1966	11 Apr 2011	£248,000	178.65%
	23 Feb 1998	£89,000	-78.45%
	04 Apr 2024	£413,000	First Sale
20 MERTON WAYTerraced, Freehold	30 Jan 2009	£85,000	First Sale
20B MERTON WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1976-1982	01 Jun 2007	£243,000	First Sale
25 MERTON WAYSemi-Detached, Freehold	02 Dec 2005	£233,000	First Sale
32 MERTON WAYSemi-Detached, Freehold	16 Jan 1998	£77,000	33.91%
32 MERTON WAYSemi-Detached, Freehold	31 May 1996	£57,500	First Sale
13 MERTON WAYSemi-Detached, Freehold	11 Apr 1997	£70,500	First Sale
21 MERTON WAYSemi-Detached, Freehold	24 May 1996	£64,000	First Sale

Check out the sold house prices near the OX5 1NN postcode. Properties currently for saleProperties currently for rent

MERTON WAY, OX5 1NN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OX5 1NN 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 OX5 1NN postcode.

Terraced
- The average price is around £199,231 median price is £190,498 Standard Deviation is £102,845 with Total Sold: 196
- The Last 5 Year average price is £292,295 with Total Sold: 32
- The most recent sale happened at this postcode is , 3 KINGS ROW: £385,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 68 THE PADDOCKS: £60,000 (Sold on 05 May 1995)
Flat
- The average price is around £134,869 median price is £140,000 Standard Deviation is £62,516 with Total Sold: 94
- The Last 5 Year average price is £160,302 with Total Sold: 21
- The most recent sale happened at this postcode is , 3 PIXEY CLOSE: £250,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 49 SPENCER AVENUE: £43,500 (Sold on 29 Mar 1996)
Other
- The average price is around £262,480 median price is £325,000 Standard Deviation is £198,276 with Total Sold: 5
- The Last 5 Year average price is £261,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 03-May CASSINGTON ROAD: £455,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , 5 WILLOW CLOSE: £475,000 (Sold on 12 Oct 2016)
Semi-Detached
- The average price is around £231,367 median price is £225,000 Standard Deviation is £115,860 with Total Sold: 643
- The Last 5 Year average price is £369,440 with Total Sold: 104
- The most recent sale happened at this postcode is , 31 MEADOW WAY: £210,000 (Sold on 17 Jun 2024)
- The first recorded sale happened at this postcode is , 18 THE PADDOCKS: £66,500 (Sold on 06 Jan 1995)
Detached
- The average price is around £350,363 median price is £314,250 Standard Deviation is £256,228 with Total Sold: 240
- The Last 5 Year average price is £594,765 with Total Sold: 34
- The most recent sale happened at this postcode is , WHITE COTTAGE LITTLE BLENHEIM: £570,000 (Sold on 29 May 2024)
- The first recorded sale happened at this postcode is , 6 STOUTSFIELD CLOSE: £121,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,000		2
2023	£385,400	£5,097	5
2022	£303,417	£4,638	6
2021	£230,770	£3,518	9
2020	£268,800	£4,195	5
2019	£301,000	£3,838	5
2018	£300,167	£3,702	6
2017	£302,318	£4,192	11
2016	£331,000	£4,295	7
2015	£296,350	£3,809	10
2014	£226,000	£3,420	8
2013	£181,812	£2,646	8
2012	£132,250	£1,693	2
2011	£185,850	£1,985	20
2010	£201,700	£3,110	5
2009	£85,000		1
2008	£191,500	£2,973	2
2007	£219,500	£2,843	9
2006	£184,181	£2,777	8
2005	£166,939	£2,523	9
2004	£151,900	£2,673	5
2003	£134,844	£2,152	8
2002	£145,458	£2,327	6
2001	£105,667	£1,553	6
2000	£85,250	£1,636	2
1999	£79,083	£1,306	6
1998	£72,843	£1,129	8
1997	£70,990	£936	5
1996	£57,750	£928	6
1995	£57,133	£874	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,333	£3,721	3
2023	£72,425	£1,181	2
2022	£239,500	£3,159	5
2021	£161,167	£3,097	6
2020	£65,000	£972	1
2019	£91,750	£1,471	4
2018	£146,500	£2,229	7
2017	£147,010	£2,881	10
2016	£134,988	£2,618	4
2015	£174,688	£3,441	4
2014	£114,806	£1,969	8
2013	£202,500	£3,574	2
2012	£130,333	£3,053	3
2011	£181,050	£2,680	5
2010	£155,500	£3,612	1
2009	£125,000	£2,854	1
2008	£147,000	£3,448	2
2007	£150,500	£3,762	2
2006	£135,500	£3,112	2
2005	£132,900	£3,009	5
2004	£150,000		1
2003	£118,750	£2,741	2
2002	£86,000		1
2000	£75,000	£1,742	1
1999	£63,167	£1,452	3
1998	£46,800	£889	3
1997	£45,612	£1,069	4
1996	£42,750	£943	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£455,000		1
2021	£325,000	£4,452	1
2020	£5,000		1
2018	£52,400	£212	1
2016	£475,000	£3,770	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£368,250	£6,724	4
2023	£376,125	£4,281	16
2022	£419,695	£4,889	21
2021	£358,923	£4,009	31
2020	£359,318	£3,950	11
2019	£335,143	£3,738	21
2018	£364,567	£3,872	18
2017	£338,167	£4,214	18
2016	£347,323	£3,772	24
2015	£340,908	£3,964	24
2014	£290,971	£3,715	19
2013	£277,891	£3,145	23
2012	£241,052	£2,886	18
2011	£274,325	£2,917	42
2010	£238,079	£3,025	19
2009	£244,722	£2,573	9
2008	£246,614	£2,502	11
2007	£247,742	£2,800	19
2006	£227,767	£2,927	15
2005	£205,878	£2,265	22
2004	£203,150	£2,507	30
2003	£181,795	£2,203	22
2002	£161,926	£2,156	27
2001	£141,932	£1,770	26
2000	£129,967	£1,679	17
1999	£98,761	£1,204	23
1998	£94,932	£1,122	30
1997	£80,772	£1,025	25
1996	£67,204	£821	37
1995	£62,724	£813	21

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£570,000		1
2023	£469,200	£4,510	5
2022	£816,000	£5,518	8
2021	£651,571	£5,223	7
2020	£499,667	£4,357	9
2019	£430,000	£3,245	4
2018	£498,667	£3,940	6
2017	£469,312	£3,788	12
2016	£501,700	£4,281	10
2015	£431,322	£4,464	9
2014	£387,135	£3,417	11
2013	£336,357	£3,230	7
2012	£320,167	£2,602	3
2011	£437,500	£3,306	15
2010	£291,714	£3,290	7
2009	£298,000	£2,628	4
2008	£438,125	£2,896	4
2007	£381,000	£2,574	6
2006	£369,500	£3,271	10
2005	£301,729	£2,648	12
2004	£296,213	£2,553	7
2003	£328,200	£2,007	10
2002	£223,250	£1,775	12
2001	£246,279	£1,663	7
2000	£180,214	£2,077	7
1999	£160,444	£1,471	9
1998	£171,481	£1,180	8
1997	£165,895	£1,222	11
1996	£95,182	£904	11
1995	£113,812	£876	8

House Type in OX5 1NN area

The most common house types in the OX5 1NN postcode area are Semi-detached (128), Terraced (49), and Detached (21).

Total	198
Semi-detached	128
Terraced	49
Detached	21
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (66), and Owned: Owns outright (63).

Owned: Owns with a mortgage or loan	66
Owned: Owns outright	63
Social rented: Other social rented	28
Shared ownership: Shared ownership	21
Private rented: Private landlord or letting agency	17
Social rented: Rents from council or Local Authority	5
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the OX5 1NN have 2 people in household (62), and 3 people in household (41).

2 people in household	62
3 people in household	41
4 people in household	39
1 person in household	35
5 people in household	14
6 people in household	5
8 or more people in household	2
7 people in household	1
0 people in household	0