Oxford property values have increased by £1019.22 per week

Last week, a landlord dropped in
to discuss the rising property values in Oxford. He owns a varied portfolio of rental properties, primarily in our good town, so it is interesting to compare the increase in property values around the area.

Over the last 12 months the average property value in Oxford has risen by nearly £53,000, from £379,795 to £431,861. This is a very reasonable 13.71% increase. This is a considerable average increase of £1019.22 per week.

When I looked at some of the surrounding towns, Abingdon has a lower average increase in property value, at around £562.48 per week, whilst Witney has an even more modest average increase of around £489.63 per week. It is, nonetheless, a rise in average property values to suggest the market continues to recover nicely in our area.

When considering this landlord’s buy to let portfolio, the rental values have remained fairly stable during the 12 months. They continue to rise steadily, therefore it could be a good time to invest in the property market in Oxford. If you would like some advice about buying to let, please come and see us at our office on Woodins Way.

Happy Tuesday all.