Analysis of recent property sales -- official HM Land Registry data
The average house price in OL16 (OL16 1AA) is £129,062, based on 24 transactions recorded by HM Land Registry. The median price is £129,750, giving a price range from £60,000 to £225,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-19 | £118,000 | T | 66.0 m² |
| 2026-01-09 | £108,000 | T | 78.0 m² |
| 2025-12-22 | £160,000 | O | 40.0 m² |
| 2025-12-22 | £160,000 | O | 40.0 m² |
| 2025-12-19 | £86,000 | T | 64.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: OL16
The median sale price in OL16 is £130k, drawn from 24 residential transactions in the last twelve months. Individual sales ranged from £60k to £225k, which is a normal spread for a postcode of this size.
Terraced houses were the most common transaction type, representing 67% of sales, while semi-detached houses accounted for 21%. A terraced-house majority usually reflects Victorian or Edwardian stock — long runs of three- or four-storey houses that rarely come to market vacant.
The OL16 1AA dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 8.3%, based on ONS regional rents.