Oxford is a highly desirable city in the UK. Strong demand for housing, fueled by the University of Oxford’s and local industries’ presence, has led to robust property price growth over the past decades.

Historical Prices

• The average home price in Oxford was around £165,000 in 2000.
• Prices increased significantly, reaching £400,000 by 2015.
• The current average property price is approximately £500,000 as of 2023.

Price Forecast

• According to projections from Savills and Zoopla, Oxford property prices are projected to continue rising over the next five years at a rate of 3-5% annually.
• By 2028, the average home in Oxford could cost over £600,000.

House Demand

• Demand continually outstrips the housing supply in Oxford.
• The city’s population has grown over 10% in the past decade, increasing competition.
• Oxford has one of the highest ratios of house prices to earnings in the country at over 12x median salary.

Rental Yields

• Strong rental demand from students and professionals allows for high rental yields.
• Oxford’s average gross rental yield is currently around 4-5%.
• Yields can reach 5-7% for houses in multiple occupations (HMOs) in certain areas.

Top Areas for Investment

• Central Oxford neighbourhoods like Jericho, Summertown, and North Oxford are consistently popular.
• East Oxford areas like Headington and Cowley offer relatively affordable prices.
• Demand from Oxford Brookes University makes Headington an investment hotspot.