Whilst the housing market has been ever-changing over the course of the last few years, and with lots of talk in the press regarding the state of the current market, you may be wondering whether you should hold off on selling your house.
At the end of last year, many experts predicted house and property prices to fall in 2023. These predictions were bound to create hesitancy to put properties on the market. That being said, from property price data gathered by Chancellors for the year so far, prices are still increasing on the last 12 months in Oxfordshire across East Oxford, Headington, Abingdon, Didcot, Thame and Witney.
East Oxford
East Oxford welcomes families, as well as young professionals and is an economically diverse community with museums, theatres, a music scene and a vibrant business community. With Central Oxford only a short distance away, the station offers easy access to London, Birmingham and further afield for commuters too.
Average Property Prices in East Oxford
Over the last 12 months in East Oxford, the average price for detached houses has increased by 4% and the average price for a flat has increased by 17%.
Headington
Headington has a large, growing population at the top of Headington Hill and overlooks the city in Thames Valley. The quirky area is known for its community feel and local attractions including thrift stores and traditional pubs. It has easy access to the A40 offering quick access to Oxford city centre.
Average Property Prices in Headington
The average price for detached houses has increased by 11% over the last 12 months, whilst the average price for a flat has also increased by 28%.
Abingdon
Abingdon is a market town near to the River Thames and only five miles to the south of Oxford. With a population of 37,931, it offers rural character and open spaces. Abingdon’s high street includes countless independent stores as well as well-known supermarkets. Transportation links in Oxford city centre are only a short distance away.
Average Property Prices in Abingdon
Property prices in Abingdon have continued to increase with the average price of a detached house increasing 4% and the average price of a flat 1%.
Didcot
Didcot has a population of 32,183 and is a traditional railway town with links to London Paddington and a number of other destinations. It attracts both working professionals and young families, and is known for its local parks, leisure facilities, shopping and arts centres, as well as outstanding facilities for scientific and technological developments.
Average Property Prices in Didcot
In the last 12 months in Didcot, the average price for detached houses has increased by 8% and the average price for a flat has also increased by 2%.
Thame
Thame is a traditional market town and derives its name from the River Thame that flows north side of the town. It has a population of 13,273 and has many markets, shopping locations, pubs and nature spots. The town also has convenient transport links to Oxford and Aylesbury.
Average Property Prices in Thame
Average house prices over the last 12 months have increased in Thame with the average price of a detached house increasing 5%, whilst semi-detached houses have also increased by 2%.
Witney
Witney is the largest town in West Oxfordshire and based on the River Windrush. With its population of 31,217, it is well known for its local amenities and historic character. The 18th century architecture of the high street means it has some historic treasures coupled with independent shops and a farmers’ market.
Average Property Prices in Witney
The average property prices have increased in the last 12 months with the average price for a flat increasing 20% and an increase of 4% for the average price for a detached house in Witney.
Chancellors Estate Agents offer a range of services to those looking to sell property at their East Oxford, Headington, Abingdon, Didcot, Thame and Witney branches.
