In 2015 the average (median) house price in Oxford was £350,100, a rise of £35,100 since 2014. The median price for a detached house was £705,000, for a semi-detached house £382,500, for a terraced house £365,500 and for a flat £262,000.
At the lower end of the market house prices are more than ten times earnings; other measures result in even higher ratios.
Rented housing in Oxford is also relatively expensive – indeed on one measure it is the most expensive outside London.
Households and accommodations
At the 2011 Census there were estimated to be 55,400 households containing 133,200 residents – an average household size of 2.4, which had increased from 2.3 in 2001. In addition there were 18,700 people living in communal establishments.
The percentage of households who own their home is relatively low in Oxford – 47% compared to 63% in England. The percentage of households who rent their home in the private sector is high – 28% in Oxford compared with 17% in England.
Over the last decade the number of households renting their home in the private sector rose by almost 50%, from nearly 11,000 households in 2001 to nearly 16,000 households in 2011. The number of households who owned their house declined.
Over the last decade there has been little change in the number of detached, semi-detached and terraced houses which people live in. However there has been a large increase in the number of households living in purpose-built flats, from nearly 11,000 in 2001 to nearly 15,000 in 2011.
118 households were living in temporary accommodation we provide in the city as of September 2014. At the same time our waiting list figures exceeded 3,300 households.
According to the 2016 Council Tax stock of properties, there are 60,240 domestic properties in Oxford.
Chart of the Month
Housing type data and chart, 2011 Census
Housing tenure data and chart, 2011 Census
Housing live tables, Department for Communities and Local Government
House price statistics for small areas 1995-2015, Office for National Statistics
Price paid data, Land Registry
A Century of Home Ownership and Renting in England and Wales, Office for National Statistics
Private rental market statistics, Valuation Office Agency
Council Tax: Stock of properties 2016, Valuation Office Agency