# OX16 4NL Area Summary
The OX16 4NL postcode falls within Banbury, a historic market town in north Oxfordshire with excellent transport links to London, Birmingham, and Oxford. This particular area demonstrates a notably affordable segment of the Banbury property market, with an average property price of £96,118 across 84 properties—significantly below both regional and national averages. This price point typically indicates a concentration of leasehold flats, retirement properties, or social housing, making it an accessible entry point for first-time buyers or investors seeking rental opportunities.
The substantially lower-than-average pricing suggests this may be a purpose-built development or estate with predominantly smaller units, potentially including ex-local authority properties or age-restricted accommodation. Banbury itself benefits from strong employment prospects, with the town serving as a commercial hub for north Oxfordshire, and excellent rail connectivity via Chiltern Railways providing direct services to London Marylebone in under 70 minutes. For buyers seeking affordability within commuting distance of major employment centres, this postcode offers considerable value, though potential purchasers should verify specific property types, lease terms, and service charges which can significantly impact the total cost of ownership at this price level.
The average house price in OX16 4NL, Banbury is £96,118. Prices range from £21,000 to £162,000.
There are 84 properties in OX16 4NL, Banbury.
OX16 4NL contains 83 flat / maisonette properties, 1 other properties.
Average house prices in OX16 4NL have risen by 222.5% from £38,375 in 1995 to £123,750 in 2024.
OX16 4NL is located in Banbury, Oxfordshire, England.
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