Oxford
Residential market update
For more property insight and professional advice on your home and the local market, your local Carter Jonas team are here to support you. Contact us or pop in to your local office to chat to the team.
020 7529 1538
Leslie Schroeder
Head of Residential Research
Email
01865 404418
Email
Simon McConnell
Head of Residential Sales
01865 404425
Email
Christopher Way
Partner, Residential Lettings
Average property prices in Oxford rose by 2.8% over the last year in Oxford and 1.6% across the wider Oxfordshire area, according to the latest ONS Land Registry data.
AUTUMN 2025
This rise is similar to the wider UK figure where the average house price also grew by 2.8% over the same period.
The average property price in Oxford is now £496,578, over 80% above the UK average of £269,735 and 20% higher than the Oxfordshire average of £412,312.
In the rental market, average rents in Oxford are £1,897 per calendar month, 41% above the national average of £1,348 pcm.
Rental growth in Oxford is currently bucking the wider UK trend. While rental growth has been easing across most other parts of the country this year, Oxford's remains above the average, just under 10% per annum.
Average property price
Annual growth
OXFORD:
OXFORDSHIRE:
£496,578
£412,312
2.8%
2.6%
OXFORD:
OXFORDSHIRE:
Average rental
price
Anual growth
Key indicators
SALES
LETTINGS
£1,897
£1,348
OXFORD:
UK:
10%-12%
5.7%
OXFORD:
UK:
2.8%
2.8%
80%
41%
10%
Data dashboard
SALES market
rental market
Average sales
price
12 months ago
curreNT
£465,000
£496,578
988
914
Properties available monthly
171
121
Properties sold
monthly
0.91%
0.89%
Average discount on initial asking price
79
61
Average days on the market
curreNT
12 months ago
£1,669
£1,897
Average rental price (pcm)
1,782
1,822
Properties available monthly
34
31
Average days on the market
01865 404418
Email
Simon McConnell
Head of Residential Sales
Average monthly mortgage repayment**
(assume average house price of £496,578)
2.50%
2.90%
3.67%
2026
2028
2030
Interest rate forecasts
£2,329
£2,113
£1,894
4.43%*
3.5%
£2,275
4.2%
£2,002
3.0%
2.5%
6.2%
5.3%
2.3%
2026
2028
2030
UK
house price growth
5.6%
4.8%
1.6%
2026
2028
2030
South East house price growth
5.8%
4.9%
2.2%
2026
2028
2030
Oxford house
price growth
Forecasts
Residential market activity is slowly beginning to bounce back toward normal levels following the April 1st stamp duty changes. However, two factors: general economic uncertainty and global geopolitical concerns, are slightly dampening the market and restraining growth. The primary constraint is stretched affordability, as wage growth has lagged behind house price increases over the last 5-10 years. Nevertheless, buyer demand remains resilient. Given the expectation of at least one more interest rate cut in the next 6-12 months, we forecast consistent sales and price growth at a more sustainable rate of 1.5-2.5% in 2026.
Example mortgage rate
Sources used: Carter Jonas Research, HM Land Registry, ONS Price Index of Private Rents, Oxford Economics (forecasts), REalyse (data dashboard, 12-month rolling averages)
* Average rate at early October 2025
**Average monthly mortgage repayments: 25 year period, 15% deposit. Mortgage rates are not forecasts but examples and are for illustrative purposes only.
We’re looking at what’s driving the property market right now and how it’s playing out in your area. Read our Autumn/Winter 2025 local market report for the latest property data and insight.