Well my recent articles about Kidlington’s most moved street in the last 3 years and the Monopoly board article (the one where I listed the most valuable streets) caused quite a lot of interest locally, so I decided to see what else I could find out about the OX5 postcode area, and I have been able find out the biggest streets in the Kidlington (OX5) postcode area.
Don’t worry, I will get back to some hard-hitting articles about the lack of new homes being built in Kidlington, the trials and tribulations of being a Kidlington buy-to-let landlord and the future of the Kidlington property market .. yet in this article because of the previous positive comments, I wanted to give you what you, the Kidlington homeowners and Kidlington landlords asked about and wanted!
The biggest street in OX5, when it comes to the number of houses on it is Oxford Road, with 421 homes. In second place is The Moors with 270 homes and in third is Banbury Road with 256 homes.
Not surprisingly, the most valuable street of the top biggest streets is Oxford Road at £159.4m with an average value of £379,000 per property.
The street with the greatest number of movers in the last 3 years is also Oxford Road, yet its saleability rate was only 10.9%, with Great Close Road having the highest saleability rate of 13.1%.
The full breakdown can be found in this chart below.
Note – if the same street name appears more than once in the postcode - the number of houses has been amalgamated and averaged accordingly.
Yet, did you really think I wouldn’t get at all serious ..
The basic rudiments of the Kidlington property market remain principally healthy in many parts of Kidlington, yet the existing political environment means that the vital element of confidence has been diminished slightly in certain parts, and that is triggering a minority of potential property purchasers and house-sellers to vacillate, yet with unemployment at an all-time low, a record number of people with a job, ultra-low interest rates and decent mortgage availability (with the Banks and Building Societies tending to drop mortgage rates instead of increasing them), those Kidlington first time buyers (and especially Kidlington buy-to-let landlords) who have adjourned their next house purchase because of perceived political uncertainty should be reminded that talking to many of my fellow Kidlington agents they have more homes on their books than at any time for the last three or four years, so there is a greater choice of Kidlington properties to call your next home/BTL investment with a potential of securing a great property deal in the next month or so.
Irrespective of what happens with Brexit, Kidlington people will still need a roof over their heads and as I have mentioned on a number of occasions, I have proved beyond doubt we aren’t building enough homes both locally in Kidlington and nationally. If supply is limited and demand increases (as the population grows and we get older), prices in the medium to long term can only go in one direction. Upwards!
So, whatever happens with BoJo and Brexit – why wait, because once we get over that hurdle, there will just be another hurdle and another hurdle and by which time – we will be in 2029 and you would have missed the boat. We survived the Global Financial Crash, 3-day week in 1970s’, hyperinflation etc etc … yet the choice is yours.
As always, any questions please feel free to comment or contact me.