WE all know house prices in Oxford are expensive, so which properties actually sell quickly in the city?

According to Nationwide Building Society, Oxford is the second least affordable local authority area for first-time buyers after London, with the average house price-to-earnings ratio being 10.1.

Sanaz Saisaee, property consultant at Taylors Estate and Letting Agents in St Clement's, said flats are sold the quickest because they are on the market at cheaper prices than houses.

She said: “It depends on the price. We have a lot of first-time buyers and investors in Oxford and if you have a nice flat that is a good size it will sell quickly. First time buyers will be fighting over flats because of the price.

ALSO READ: The 10 most expensive houses sold in Oxford in 2021

“A lot of professionals, PHD students and a young generation of first-time buyers are looking for their first property. A flat is more within their budget and affordability."

After asking what price flats are sold at in Oxford, she said: “It depends on which area and how big the flats are. Prices start from about £210,000 for a one-bed flat and go up to about £240,000-£245,000 for a two-bed good-sized flat.”

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