House prices in OX3 0 (Marston)

This article reveals price per square metre data and various charts to help you understand current housing market in 'OX3 0' (Marston, Headington) - statistics were last calculated on 30 August 2024.


Defining 'OX3 0'

This analysis is limited to properties whose postcode starts with "OX3 0", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Marston.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Marston 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
E.g. 45, Derwent Avenue, Marston, Headington, sold for £440,000 on Jul-2024. Given the internal area of 62 square metres, the price per sqm is £7,096.

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 ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,800-£6,000, £6,000-£6,200, £6,200-£6,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 123 sales in Marston (OX3 0) that took place in the last two years.

Distribution of £ per sqm for Marston, Headington
Distribution of £ per sqm house prices in Marston

Generate a custom chart 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 Marston (OX3 0). Of the 123 transactions, half were sold for between £5,230 and £6,540 per square metre. The median, or 'middle', price per square metre in 'OX3 0' is £5,830. Notably, only 25% of properties that sold recently were valued at more than £6,540 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Marston, Headington

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Headington. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Marston
House price heatmap for Marston, Headington

Comparison with neighbouring postcode sectors

The table below shows how 'OX3 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
OX3 9 Headington £4,210 sqm £4,820 sqm £5,790 sqm
OX3 8 Headington £4,350 sqm £4,870 sqm £5,500 sqm
OX3 0 Marston £5,230 sqm £5,830 sqm £6,540 sqm
OX3 7 Headington £4,590 sqm £5,390 sqm £6,120 sqm

Will Headington house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for OX3 0 (Marston) compared with both the wider area OX3 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Marston,Headington
House price trends for Marston

Download time series data as CSV (paying users only).

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.

Most recent OX3 0 sales
Recent trends for Marston

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Headington to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Headington and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Ferry Road, Marston, OX3 0E 97 sqm £6,361 17
Arlington Drive, Marston, OX3 0S 96 sqm £5,725 11
Marston Road, Marston, OX3 0J 77 sqm £5,782 10
William Street, Marston, OX3 0E 96 sqm £6,680 10
Cheney Lane, Marston, OX3 0H 73 sqm £4,962 9
Crotch Crescent, Marston, OX3 0J 81 sqm £5,806 9
Hugh Allen Crescent, Marston, OX3 0H 89 sqm £6,236 8
Lynn Close, Marston, OX3 0J 63 sqm £5,609 8

Search for your street here.

Raw data

Our analysis of Marston 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
45, Derwent Avenue, Marston, Headington £440,000
Jul-2024
62 7,096
33, Weldon Rd, Marston, Headington £578,000
Jul-2024
92 6,282
91, Ferry Rd, Marston, Headington £672,000
Jun-2024
165 4,072

See the entire list of all sales in Marston (OX3 0) 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.