Housing Market Analysis for MERTON WAY, OX5 1NW

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £219,912 median price is £158,000 Standard Deviation is £126,059 with Total Sold: 17
    • The Last 5 Year average price is £380,800 with Total Sold: 5
    • The most recent sale happened at this postcode is 52 MERTON WAY: £354,000 (Sold on 30 Mar 2023)
    • The first recorded sale happened at this postcode is 54 MERTON WAY: £81,500 (Sold on 31 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average OX5 1NW 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£354,000 £3,576 1
2022£535,000 £5,879 1
2021£345,000 £3,417 2
2019£325,000 £3,571 1
2015£315,000 £3,462 1
2014£235,000 £3,310 1
2010£226,000 £3,109 1
2002£118,0003
2001£133,000 £1,611 2
2000£133,000 £1,330 2
1997£91,000 £805 1
1996£81,5001

All the Sales in the MERTON WAY, OX5 1NW

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

AddressSold DatePrice% Change
52 MERTON WAYSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-196630 Mar 2023£354,000First Sale
55 MERTON WAYSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-196629 Sep 2022£535,00064.62%
14 Jun 2019£325,000First Sale
49 MERTON WAYSemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1950-196623 Apr 2021£350,000284.62%
22 Dec 1997£91,000First Sale
53 MERTON WAYSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-196622 Mar 2021£340,0007.94%
03 Jun 2015£315,00099.37%
06 Dec 2001£158,00030.58%
20 Apr 2000£121,000First Sale
45 MERTON WAYSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-194928 May 2014£235,000First Sale
44 MERTON WAYSemi-Detached, FreeholdArea: 72.7 Sq.mtrAge: 1950-196613 Aug 2010£226,000109.26%
06 Jul 2001£108,000First Sale
51 MERTON WAYSemi-Detached, Freehold30 Oct 2002£150,000First Sale
57 MERTON WAYSemi-Detached, Freehold25 Jan 2002£80,000First Sale
43 MERTON WAYSemi-Detached, Freehold11 Jan 2002£124,000First Sale
40 MERTON WAYSemi-Detached, Freehold01 Nov 2000£145,000First Sale
54 MERTON WAYSemi-Detached, Freehold31 Jul 1996£81,500First Sale

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

MERTON WAY, OX5 1NW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OX5 1NW 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 1NW 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 £310,400 median price is £390,000 Standard Deviation is £210,340 with Total Sold: 6
    • The Last 5 Year average price is £333,750 with Total Sold: 4
    • 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 £231,763 median price is £225,000 Standard Deviation is £115,874 with Total Sold: 646
    • 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 £347,866 median price is £313,500 Standard Deviation is £251,715 with Total Sold: 253
    • The Last 5 Year average price is £590,611 with Total Sold: 36
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,0002
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£85,0001
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
YearAvg. PriceAvg. Price/Sq. mtrSold
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£150,0001
2003£118,750 £2,741 2
2002£86,0001
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£455,0001
2023£550,0001
2021£325,000 £4,452 1
2020£5,0001
2018£52,400 £212 1
2016£475,000 £3,770 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£340,632 £4,210 19
2016£348,030 £3,795 25
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£182,587 £2,215 23
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0002
2023£469,200 £4,510 5
2022£816,000 £5,518 8
2021£636,375 £5,089 8
2020£499,667 £4,357 9
2019£430,000 £3,245 4
2018£498,667 £3,940 6
2017£463,981 £3,784 13
2016£501,700 £4,281 10
2015£429,940 £4,601 10
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£369,727 £3,237 11
2005£302,365 £2,648 13
2004£306,061 £2,553 8
2003£328,200 £2,007 10
2002£223,250 £1,775 12
2001£244,244 £1,785 8
2000£180,438 £2,077 8
1999£160,444 £1,471 9
1998£171,481 £1,180 8
1997£160,346 £1,186 14
1996£95,182 £904 11
1995£120,778 £890 9

House Type in OX5 1NW area

The most common house types in the OX5 1NW postcode area are Semi-detached (61), Detached (42), and Flat (14).

Total121
Semi-detached61
Detached42
Flat14
Terraced3
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright58
Owned: Owns with a mortgage or loan35
Social rented: Other social rented15
Private rented: Private landlord or letting agency10
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the OX5 1NW have 2 people in household (50), and 1 person in household (32).

2 people in household50
1 person in household32
3 people in household17
4 people in household16
6 people in household4
5 people in household3
0 people in household0
7 people in household0
8 or more people in household0