Berkshire and Oxfordshire property market update: trends, prices, and insights for 2025

In this local market update we dive into the current property market in Berkshire and Oxfordshire, sharing insights on average sale prices, days on market, and emerging trends.

Latest average sale prices in Oxfordshire

Knowing the average sale prices in your area is key to setting realistic expectations and setting a competitive price you are happy with. According to Rightmove, house prices in Oxfordshire have an overall average of £475,059 over the last year. The majority of properties sold in Oxfordshire during the last year were semi-detached properties, selling for an average price of £441,400. Detached properties sold for an average of £680,790, with terraced properties fetching £397,334.

Latest average sale prices in Berkshire

In Berkshire, the majority of sales during the last year were terraced properties, selling for an average price of £629,565. Semi-detached properties sold for an average of £477,520, with detached properties fetching £751,032. Berkshire, with an overall average price of £542,972, was more expensive than nearby Oxfordshire (£472,769), Buckinghamshire (£485,729), and Hampshire (£388,920). The most expensive area within Berkshire was Windsor (£2,180,683) and the cheapest was Calcot (£341,981). Overall sold prices in Berkshire over the last year were 11% up on the previous year.

Days on market

How long properties stay on the market is a good indicator of demand and market activity. Our average time from listing to an offer is just 64 days, well below the national average of 150 days. This means you’re more likely to get an offer on your property quicker if you sell with us.

Emerging trends and current interest rates

A key factor contributing to this positive momentum has been the recent interest rate cut in the first quarter of the year, which has led to increased competition among lenders. With a typical 5-year mortgage rate now closer to 4%—a significant drop from the 6% rates of just a couple of years ago—buyers are once again motivated and ready to secure their new homes. To get an estimate of how much you could borrow, try our quick mortgage calculator.

Sales activity has also picked up, driven by first-time buyer activity and existing homeowners who had postponed their moving plans until borrowing costs dropped and the market outlook improved. In 2024, first-time buyers were the largest buyer group in 2024 according to Zoopla, making up 36% of all sales. Existing homeowners with mortgages were the next large group at 31%, while cash buyers, including mortgage-free homeowners and investors, accounted for 27% of sales. In 2025, the property market is expected to continue to recover, supported by strong buyer demand, improving affordability, and favourable economic conditions.

Stamp Duty holiday and market confidence

With the new Stamp Duty changes in effect from 1st April, many wondered if the heightened activity in the first quarter of 2025 was merely a response to that temporary measure. However, the answer appears to be more optimistic: the market is showing clear signs of sustained confidence. Properly priced properties are experiencing strong demand, indicating a market that is resilient and determined.

Buyer demographics and seasonal trends

With the arrival of spring and the first signs of leaves appearing, we are entering the traditional peak selling season. Already, we are seeing a noticeable rise in motivated sellers who are choosing this year to make their move. While the broader economy may not be as confident as we would like, the housing market seems to be defying expectations. Correctly priced properties continue to attract heightened interest, underscoring that there are strong opportunities for both buyers and sellers in the current climate.

Locally, the market is benefiting from a well-balanced mix of buyers, with first-time buyers, upsizers, and an increasing number of baby boomers choosing to downsize. Many in this generation are recognising that their current homes may be too large, inefficient, or no longer meet their needs. As a result, they are becoming a significant part of the new home-buying demographic. In turn, the "Bank of Mum and Dad" is playing a key role in supporting first-time buyers by helping with much-needed deposits, giving younger buyers the boost they need to climb onto the property ladder.

Take advantage of our free valuation today

If you’ve been considering selling but are still on the fence, now is the time to act. Finish up that last room you’ve been meaning to decorate, mow the lawn, and tidy up those final details for the photos. With market conditions stronger than they have been in the past couple of years, there may be no better time to make your move. Why not take the leap and see where the current market can take you?

Find out how much your property’s worth and make the most of the current market by using our free valuation service today. With over 30 years of experience as one of the leading estate agents in the area, we’re dedicated to helping you get moving.

Sources:

• Market data sourced from the Guild Competitor Analysis, September 2024.
• Data on national average moving timelines sourced from Rightmove, 2022.
• Data on average sale prices in Berkshire and Oxfordshire taken from Rightmove, 2025
• HM Treasury, Average of Independent Forecasts November 2024
• The Guild - Property Industry Eye As 2025 approaches, the property market is poised for continued recovery
• Regional Property Market Update Winter 2024: Thames Valley, Berkshire, Oxfordshire, Buckinghamshire - Greenwoods Property Centre