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Faringdon House Prices Faringdon House Prices

The average house price in Faringdon is £190,625 using HM Land Registry data.

The average property price increased by £57,154 (18.77%) over the last 5 years and increased by £11,423 (3.26%) over the last 12 months.

Over the last year, there were 118 residential property sales – a decrease of 83 transactions (-70.34%) relative to the previous year. The majority of house sales (30) were in the £290,000 - £360,000 range. Then came properties in the £220,000 - £290,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,944 (-3%).

In April 2024, there were 21 new estate agency instructions, 24 agreed home sales and 8 property price reductions.

Postcodes Covered: SN7

5-Year Average Property Prices in Faringdon

18.77%

Property prices in Faringdon increased by 18.77% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Faringdon Over the Last Year

3.26%

Property prices in Faringdon increased by 3.26% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Faringdon - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Faringdon

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Faringdon

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Faringdon

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Faringdon since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Faringdon area since 1995.

Recent Property Sales in Faringdon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Combes Close, Faringdon, Oxfordshire, SN7 8SR£400,000£397,500-£2,50021 Jul 202330 Nov 2023132 Days
41 Tuckers Road, Faringdon, Oxfordshire, SN7 7YQ£395,000£390,000-£5,00021 Sep 202317 Nov 202357 Days
10 Town End Road, Faringdon, Oxfordshire, SN7 7UP£285,000£280,000-£5,00026 Jun 202303 Nov 2023130 Days
4 Meadow Way, Faringdon, Oxfordshire, SN7 7UL£295,000£280,000-£15,00004 Jul 202313 Oct 2023101 Days
4 Eagles, Faringdon, Oxfordshire, SN7 7DT£325,000£325,000£0019 Apr 202329 Aug 2023132 Days
50 Westland Road, Faringdon, Oxfordshire, SN7 7EY£400,000£385,000-£15,00021 Nov 202229 Aug 2023281 Days
8 Harding Close, Faringdon, Oxfordshire, SN7 7SJ£375,000£370,000-£5,00014 Jan 202310 Aug 2023208 Days
30 Marines Drive, Faringdon, Oxfordshire, SN7 7UG£300,000£294,000-£6,00019 Jan 202325 Jul 2023187 Days
41 Marines Drive, Faringdon, Oxfordshire, SN7 7UJ£315,000£310,000-£5,00026 Nov 202207 Jul 2023223 Days
1 Catkins Close, Faringdon, Oxfordshire, SN7 7FA£485,000£485,000£0017 Jan 202323 Jun 2023157 Days
56 Ferndale Street, Faringdon, Oxfordshire, SN7 7AH£235,000£227,500-£7,50014 Nov 202212 May 2023179 Days
Flat 30, Eastfield Court, Church Street, Faringdon, Oxfordshire, SN7 8SL£185,000£175,000-£10,00024 Jan 202305 May 2023101 Days
19 Century Close, Faringdon, Oxfordshire, SN7 7YS£325,000£305,000-£20,00029 Nov 202224 Mar 2023115 Days
4 Berry Close, Faringdon, Oxfordshire, SN7 7FL£220,000£215,000-£5,00016 Sep 202216 Mar 2023181 Days
27 Highworth Road, Faringdon, Oxfordshire, SN7 7EG£430,000£425,000-£5,00007 Sep 202225 Jan 2023140 Days
19 Coxwell Gardens, Faringdon, Oxfordshire, SN7 7HB£160,000£157,500-£2,50004 Feb 202219 Jan 2023349 Days
39 Ferndale Street, Faringdon, Oxfordshire, SN7 7AH£290,000£290,000£0023 Aug 202204 Jan 2023134 Days
44 Lechlade Road, Faringdon, Oxfordshire, SN7 8AQ£220,000£220,000£0009 Nov 202204 Jan 202356 Days
10 Tower View, Faringdon, Oxfordshire, SN7 7UN£310,000£307,500-£2,50005 Oct 202202 Dec 202258 Days
7 Cadels Row, Faringdon, Oxfordshire, SN7 7AX£230,000£230,000£0023 Jun 202225 Nov 2022155 Days

Most Expensive Streets in Faringdon

PostcodeStreetAreaAverageNo. of Sales
SN7 7LBFernham RoadFaringdon£585,5004
SN7 7NSWebb DriveFaringdon£564,3313
SN7 7FACatkins CloseFaringdon£535,2005
SN7 7DJFolly View CrescentFaringdon£506,6663
SN7 8ABCoach LaneFaringdon£495,2504
SN7 7FEColeshill DriveFaringdon£485,0003
SN7 7FDBadbury CloseFaringdon£485,0003
SN7 7LRFernham GateFaringdon£483,3333
SN7 7FFColeshill DriveFaringdon£471,6663
SN7 7LSKing StreetFaringdon£471,48029

Least Expensive Streets in Faringdon

PostcodeStreetAreaAverageNo. of Sales
SN7 7GHHabgood CourtFaringdon£80,3754
SN7 7BSGranary MewsSwan Lane£114,8124
SN7 7ABDove CourtSwan Lane£133,25926
SN7 7HBCoxwell GardensFaringdon£149,4166
SN7 8SLEastfield CourtChurch Street, Faringdon£161,3449
SN7 7AFSwan LaneFaringdon£168,9845
SN7 7JHWalnut CourtFaringdon£193,2504
SN7 7DTEaglesFaringdon£195,96113
SN7 7AXCadels RowFaringdon£196,5003
SN7 7BQCromwell CloseFaringdon£201,3927

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