£100,000 extra for Oxford property

According to Email For Property, Oxford has the highest priced properties in the country outside of London.

Currently standing at £307,000, the average house price in Oxford far exceeds the national average, exceeding the latest figures published by the Department for Communities and Local Government by almost £100,000.

The main factor behind Oxford house price's is a dynamic local economy, well supported infrastructure and high level of earnings have ensured that house prices in the city’s central postcodes have remained buoyant over recent years.

The central OX1 and OX2 postcodes in Oxford have one of the highest populations of degree educated people in the country. Over 50% of the central population hold degree level education, which is reflected in the above average earnings for the city and a very low level of unemployment.

All of Oxford’s top ten most expensive streets fall into this central district, with the highest priced property in 2006 reaching £3million.
The supply of homes in Oxford has increased dramatically on average each year since the turn of the century.

Oxford remains an attractive option for homebuyers looking to move out of London in addition to the many who opt to remain in the city after university.