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Witney House Prices Witney House Prices

The average house price in Witney is £295,576 using HM Land Registry data.

The average property price increased by £60,337 (18.53%) over the last 5 years and increased by £12,059 (3.22%) over the last 12 months.

Over the last year, there were 369 residential property sales – a decrease of 238 transactions (-64.50%) relative to the previous year. The majority of house sales (112) were in the £264,000 - £348,000 range. Then came properties in the £348,000 - £432,000 range, where 76 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 105 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,798 (-2%).

In April 2024, there were 64 new estate agency instructions, 41 agreed home sales and 24 property price reductions.

Postcodes Covered: OX28, OX29

5-Year Average Property Prices in Witney

18.53%

Property prices in Witney increased by 18.53% 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 Witney Over the Last Year

3.22%

Property prices in Witney increased by 3.22% 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 Witney - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Witney

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 Witney

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 Witney

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 Witney since 1995

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

Recent Property Sales in Witney

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
211 Moorland Road, Witney, Oxfordshire, OX28 6LH£324,995£312,500-£12,49527 Oct 202307 Mar 2024132 Days
35 St Marys Mead, Witney, Oxfordshire, OX28 4EZ£325,000£315,000-£10,00015 Sep 202321 Feb 2024159 Days
167 Thorney Leys, Witney, Oxfordshire, OX28 5PA£400,000£397,500-£2,50011 Oct 202321 Feb 2024133 Days
Flat 5, Captains Mill, West End, Witney, Oxfordshire, OX28 1QL£315,000£305,000-£10,00025 Aug 202319 Feb 2024178 Days
23 Walnut Close, Witney, Oxfordshire, OX28 5XH£380,000£375,000-£5,00030 Jun 202316 Feb 2024231 Days
13 Dene Rise, Witney, Oxfordshire, OX28 6LU£375,000£375,000£0031 Oct 202315 Feb 2024107 Days
165 Farmers Close, Witney, Oxfordshire, OX28 1NS£350,000£331,250-£18,75021 Dec 202302 Feb 202443 Days
475 Thorney Leys, Witney, Oxfordshire, OX28 5NR£280,000£270,000-£10,00030 Sep 202302 Feb 2024125 Days
17 Jacobs Close, Witney, Oxfordshire, OX28 6DU£424,950£420,000-£4,95030 Oct 202301 Feb 202494 Days
1 Riverside Gardens, Witney, Oxfordshire, OX28 6DD£145,000£140,000-£5,00001 Aug 202329 Jan 2024181 Days
Flat 6, 4 Bridge Street Mills, Bridge Street, Witney, Oxfordshire, OX28 1FX£260,000£249,000-£11,00007 Jul 202319 Jan 2024196 Days
115 Schofield Avenue, Witney, Oxfordshire, OX28 1JR£350,000£340,000-£10,00025 May 202315 Jan 2024235 Days
16 Bakers Piece, Witney, Oxfordshire, OX28 1PQ£259,000£255,000-£4,00020 Sep 202312 Jan 2024114 Days
31b, Woodstock Road, Witney, Oxfordshire, OX28 1EB£570,000£570,000£0015 Jul 202311 Jan 2024180 Days
9 Riverside Gardens, Witney, Oxfordshire, OX28 6DD£160,000£105,000-£55,00007 Jun 202209 Jan 2024581 Days
4 Mallard Drive, Witney, Oxfordshire, OX28 4EQ£160,000£160,000£0011 Jul 202320 Dec 2023162 Days
2 The Willows, Witney, Oxfordshire, OX28 3HN£340,000£340,000£0015 Sep 202318 Dec 202394 Days
28 Compton Way, Witney, Oxfordshire, OX28 3AB£600,000£600,000£0007 Sep 202315 Dec 202399 Days
5 The Old Coachyard, Witney, Oxfordshire, OX28 6JB£200,000£200,000£0013 Sep 202315 Dec 202393 Days
8 Meadow Lane, Witney, Oxfordshire, OX28 6DN£375,000£370,000-£5,00029 Sep 202314 Dec 202376 Days

Most Expensive Streets in Witney

PostcodeStreetAreaAverageNo. of Sales
OX28 1EAWoodstock RoadWitney£1,066,2504
OX28 6EDBurford RoadWitney£834,4378
OX28 1NZNew Yatt RoadWitney£759,49010
OX29 0ALGrassland CloseCurbridge£669,45411
OX29 0AHClover LaneCurbridge£668,7254
OX28 1EDWoodstock RoadWitney£655,0004
OX29 0ANPlough CloseCurbridge£644,2857
OX28 1QTMillers MewsWitney£626,2504
OX28 1AXOakdale RoadWitney£610,0004
OX28 6DJBurford RoadWitney£604,5006

Least Expensive Streets in Witney

PostcodeStreetAreaAverageNo. of Sales
OX28 1FTMadley Brook LaneWitney£79,0004
OX28 6GEWoodford WayWitney£87,0833
OX28 5NXFarmhouse MeadowWitney£98,7503
OX28 4FDWindrush CourtSt Marys Mead£128,06216
OX28 6FPHyde Meadow ViewWitney£138,0003
OX28 1GJOtters CourtPriory Mill Lane£138,93122
OX28 5DLGuild CloseWitney£149,2504
OX28 6DDRiverside GardensWitney£152,6669
OX28 6FLLangdale GateWitney£157,3333
OX28 2EFWoodlands CourtWoodlands Road£164,5006

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