House prices in OX2 (Oxford)

Price per square metre data and charts to help you understand the housing market in OX2 - stats were last calculated on 08 October 2026.

Defining 'OX2'

This analysis is limited to properties whose postcode starts with "OX2", this is also called the postcode district. There are no official postcode district names so I've just labelled it OX2, Oxford. It is shown in red on the map below.

Want to change geography?

You can click on the map above to change to a neighbouring district, or you can use the search form below.

Price per square metre

Knowing the average house price in OX2 is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

For example in August 2026, 94, Meadow Close, Oxford, OX2 9NZ sold for £408,000. Given the internal area of 82 square metres recorded on the EPC, the price per sqm is £408,000 ÷ 82 sqm = £4,975.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-). You can change your prefered units from square meters to square feet for all the graphs and charts on OX2 and elsewhere. Just visit the My Account page and look for the m2 to ft2 toggle switch. Alternatively just multiply everything by 10, move a decimal place to go from sqm to sqft and you'll be close enough as 1 sqm = 10.76391 sqft.

Distribution of £ per sqm for houses vs flats in OX2

The chart above is called a histogram, it helps you see the distribution of house price per sqm in OX2 To make this chart we put all the sales data into a series of £ per sqm 'buckets' (e.g. £6,797 to £7,160, £7,160 to £7,524, £7,524 to £7,887 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 939 sales that took place in OX2, in the last 24 months.

Generate a custom histogram like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in OX2, Oxford. Notably, only 25% of properties that sold recently were valued at more than £7,380 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of OX2 homes.

Box plot of £ per sqm for OX2

Tip: click on the chart to see the values.

The chart above is called a boxplot (or a box-and-whisker plot). Box plots, like histograms, are used to graphically represent the distribution of data, showing the central tendency, spread of the distribution. In the context of £ per square metre property price distributions, box plots represent the variation in property prices within a geographic area e.g. Oxford. The chart above shows a boxplot for 'OX2' as well as the 'OX' postcode area.

  • Median: The horizontal line inside the box represents the median (£ per square meter). This is the midpoint of the data, meaning 50% of the prices are below this value, and 50% are above. The middle price per square metre in 'OX2' is £6,130.
  • Interquartile Range (IQR): The box spans from the 25th percentile (Q1) to the 75th percentile (Q3). This is the range where the middle 50% of the data lies, giving a good indication of the typical price spread. Of the 939 transactions in OX2, Oxford half were sold for between £5,150 and £7,380 per square metre.
  • Whiskers: In our case, the whiskers extend from the 9th percentile (at the lower end) to the 91st percentile (at the upper end), This provides a slightly broader view of the distribution by including the middle 82% of records. The whiskers capture most of the variation but exclude extreme outliers caused by data errors in recording sold house prices or internal area.
  • 'n=' is the number of property transactions the box plot is based on; 939 for OX2, Oxford.

    • Property price map for Oxford

    Have a look at the interactive price map I created for myself. Use it to explore house prices in 'Oxford' all the way down to individual property plots.

    House price heatmap showing property values across Oxford 🔍 Explore map ›

    Will OX2 house prices drop in 2025?

    House prices in OX2 grew 0.3% in the last year, -2.8% after inflation. Whether or not this trend will continue depends on many factors, such as wage growth, net migration, interest rates and the level of house building. No one can predict these things with certainty however we can plot the historic trends in house prices in OX2 (Oxford) compared with the wider postcode area 'OX'.You can extrapolate from this based on your own views.

    House price index for OX2

    Tip: click on the legend items to show/hide different lines

    Download house price index as CSV (premium users only).

    The chart above shows changes in 'OX2' property prices over the last 20 years. The index is calculated from the average price paid per sqm for property in OX2 and is set to 100 in 2004. The chart compares trends for OX2, Oxford against those of the broader postcode area 'OX'. What is more interesting is to look at the difference between flats and houses, even those in the same area follow a very different trend, to get a robust enough sample size to see this we need to zoom out and look at house price trends for the entire Vale of White Horse local authority.

    The dashed lines show nominal house price changes, the solid lines show the same data adjusted for inflation. Economists call this the 'real' price change. You have to take inflation into account when comparing prices over time. It's calculated using the formula:

    Real Rate of Return = (1 + Nominal Rate) ÷ (1 + Inflation Rate) – 1
    In this formula, the nominal rate is the rate of change before any adjustments, and the inflation rate is taken from the Consumer Price Index. The real rate of return is a more accurate measure of change in value, because £1 today does not have the same buying power as £1 in the past. For example, if a savings account pays an interest rate of 3% per year and the inflation rate is 5% per year, the real rate of return is -2%. This means that the investment's value is shrinking by 2% each year.

    Historic returns for OX2
    OX area OX2 district
    Nominal Real Nominal Real
    20 yr per annum 2.7% -0.1% 3.3% 0.4%
    20 yr total 71.5% -1.6% 90.3% 9.2%
    10 yr per annum 1.6% -1.8% 1.1% -2.2%
    10 yr total 16.9% -16.2% 11.8% -19.8%
    5 yr per annum 1.8% -3.0% 1.0% -3.8%
    5 yr total 9.2% -14.3% 5.1% -17.6%
    1 yr per annum -0.5% -3.5% 0.3% -2.8%
    1 yr total -0.5% -3.5% 0.3% -2.8%

    This table complements the house price index chart above, presenting the data in a more detailed format. It breaks down the information into 20-year, 10-year, 5-year, and 1-year periods, further categorized by property type. For each period, we display both a per annum rate of change and a total rate of change.

    The total rate of change represents the overall change over the entire period. The formula for total return is:

    Total return = (Index at end of period ÷ Index at start of period) - 1

    The per annum rate of change is the annualized rate of change over the period. This is equivalent to the annual bank savings rate you would need to achieve the same total return over the given period. This annualized return is also known as the Compound Annual Growth Rate (CAGR). The formula for CAGR is:

    CAGR = (1 + Total return) ^ (1 ÷ Number of years) - 1

    Some specific examples:

    • Over the past 20 years, OX2 district have seen a 0.4% annual change when adjusted for inflation. This translates to a total change of 9.2% in real terms.
    • Over the past 5 years, OX area have seen a -3.0% annual change when adjusted for inflation. This translates to a total change of -14.3% in real terms.

    Most recent OX2 sales

    For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

    Tip: hover over dots to see details

    Snakes & Ladders

    See the recent winners & losers in the OX2 property market. This is not deep analysis - it is a nosy, tabloid-style peek at the local property market.

    Explore OX2 winners & losers
    Listing photo for 6 Grove Street
    Snake
    6 Grove Street
    OX2 7JT
    -7.3%
    annualised change
    Listing photo for 94 Meadow Close
    Ladder
    94 Meadow Close
    OX2 9NZ
    +39.1%
    annualised change

    Street level data

    Street Avg size Avg £sqm Recent sales
    Coral Springs Way, , OX28 5D 83 sqm £4,896 47
    Buttercross Lane, , OX28 4D 85 sqm £3,450 31
    Manor Road, , OX28 3U 63 sqm £5,043 30
    Spruce Drive, , OX26 3Y 58 sqm £5,164 29
    Willow Drive, , OX26 3X 64 sqm £4,707 27
    St Marys Mead, , OX28 4E 83 sqm £3,606 27
    Thorney Leys, , OX28 5N 70 sqm £4,456 26
    Farmers Close, , OX28 1N 87 sqm £3,666 25

    Search for your street here.

    OX2's constituents

    The analysis on this page encompasses the entirety of OX2. If you want more granular analysis on different parts of OX2, use these links.

    Postcode sector Lower quartile Median Upper quartile Sales in last 2yr
    OX2 0 Oxford £5,000 sqm £5,950 sqm £6,890 sqm 115
    OX2 6 Oxford £7,130 sqm £8,170 sqm £9,720 sqm 185
    OX2 7 Oxford £5,980 sqm £6,840 sqm £7,670 sqm 199
    OX2 8 Oxford £5,370 sqm £6,020 sqm £6,990 sqm 182
    OX2 9 Oxford £4,450 sqm £5,140 sqm £5,770 sqm 258

    Nearby geographies

    The table below shows how 'OX2' compares to the other postcode districts nearby 'OX2'.

    District Lower quartile Median Upper quartile Sales in last 2yr
    OX9 Thame £4,550 sqm £5,090 sqm £5,730 sqm 497
    OX7 Chipping Norton £3,790 sqm £4,590 sqm £5,520 sqm 738
    OX5 Kidlington £4,050 sqm £4,580 sqm £5,200 sqm 529
    OX49 Watlington £4,430 sqm £5,200 sqm £6,070 sqm 96
    OX44 Chalgrove £4,070 sqm £4,620 sqm £5,220 sqm 210
    OX4 Oxford £4,410 sqm £5,150 sqm £6,060 sqm 1,035
    OX39 Chinnor £4,450 sqm £5,090 sqm £5,520 sqm 241
    OX33 Wheatley £4,210 sqm £4,890 sqm £5,490 sqm 149
    OX3 Headington £4,550 sqm £5,290 sqm £6,000 sqm 839
    OX29 Eynsham £3,930 sqm £4,470 sqm £4,970 sqm 700

    Raw data

    Our analysis of OX2 is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

    Address Paid sqm £/sqm
    94, Meadow Close, £408,000
    Aug-2026
    		 82 4,975
    66, The Glebe, £350,000
    Aug-2026
    		 55 6,363
    9, Helen Rd, £775,000
    Aug-2026
    		 105 7,380

    See the entire list of all sales in OX2 here.

    About

    I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.