Typical 3-bedroom house£308kmost £270k–£350k
Houses per m²£3,811flats £2,981
Sold last year3372,496 in five years
Prices in Cherwell+4.7%on a year ago
A typical 3-bedroom house in OX16 sold for £308,290 over the last five years, in today's money; most went for between £269,956 and £350,037, for about 85 m² of space. That is 12% less than the same home across Banbury (£349,000).
337 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £126k for one bedroom. Within the district, houses cost the least per m² in OX16 0 (£3,347) and the most in OX16 4 (£4,170).
Across Cherwell, prices are up 4.7% on a year ago and up 15.1% over five years. Renting a similar home there costs about £1,470 a month; a 90% mortgage on the typical price would be around £1,406 a month at 4.5% over 30 years. Lenders would typically want a household income of about £62,000 for that mortgage: what £65,000 buys.
Questions about OX16
Is OX16 a good area to buy a home?
What the numbers say: a 3-bedroom house costs 12% less than across Banbury; prices in Cherwell are up 4.7% on a year ago; the best state primary nearby is above the England average (89% against 64%); the best secondary is above it (50.2% against 43.8%); 337 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.
How much is a 3-bedroom house in OX16?
A typical 3-bedroom house in OX16 sold for £308,290 over the last five years, in today's money. Most sold between £269,956 and £350,037.
Is OX16 expensive for Banbury?
A 3-bedroom house in OX16 costs 12% less than the typical 3-bedroom house across Banbury (£349,000).
How many homes sell in OX16 each year?
337 homes sold in the last year and 2,496 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.
What are the schools like near OX16?
The best-performing state primary within 2 km is The Grange Community Primary School, where 89% of pupils met the expected standard at age 11 (England: 64%).
Where is cheaper near OX16?
For a 3-bedroom house, NN11 (£271k, 23 km).
Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.