Real Estate in Oxford, England
Last updated on Jun 01, 2024
Summary: Expats and retirees talk about real estate in Oxford, UK? How do you find a home in Oxford? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Oxford?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Oxford, you can start by researching the different neighborhoods and areas within the city to determine which ones best suit your needs and preferences. Consider factors such as proximity to work or school, public transportation, and local amenities. Next, set a budget for your housing expenses, including rent or mortgage payments, utilities, and any additional costs such as council tax or maintenance fees. This will help you narrow down your search and focus on properties within your price range. Once you have a clear idea of your preferred location and budget, you can begin searching for available properties. There are several online platforms, such as Rightmove, Zoopla, and OnTheMarket, where you can browse listings for houses, flats, and shared accommodations. You can also check local newspapers and community boards for rental or sale advertisements. Another option is to contact local estate agents or letting agencies, who can help you find suitable properties based on your requirements. They can also assist with the application process and provide guidance on the local housing market. When you find a property that interests you, arrange a viewing to inspect the condition of the property and get a feel for the neighborhood. Be prepared to ask questions about the property's history, maintenance, and any potential issues. Finally, once you have found a suitable place to live, be prepared to submit an application, provide references, and pay any required fees or deposits. Make sure to read and understand the terms of your rental or purchase agreement before signing, and consider seeking legal advice if necessary," said one expat who made the move to Oxford.
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This is a personal property finding service. I team up with a buyer and help you find the perfect property for your needs. I am your man on the ground and expert in the market. Whatever is important to you will be my mission to bring you what you want without all the stress whilst guiding and protecting you in the process.
This is a personal property finding service. I team up with a buyer and help you find the perfect property for your needs. I am your man on the ground and expert in the market. Whatever is important to you will be my mission to bring you what you want without all the stress whilst guiding and protecting you in the process.
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What is a typical expat home or apartment like in Oxford?
"A typical expat home or apartment in Oxford, is likely to be a well-maintained, furnished property located in a safe and convenient neighborhood. These homes often feature a mix of modern and traditional architectural styles, with spacious living areas, comfortable bedrooms, and fully-equipped kitchens. Many expat homes are situated close to public transportation, local amenities, and international schools, making them ideal for families and professionals alike. Some apartments may be part of larger complexes, offering additional facilities such as communal gardens, gyms, and parking spaces. Overall, expat homes in Oxford provide a comfortable and convenient living experience, allowing residents to easily adapt to their new surroundings," explained one expat living in Oxford, England.
This is a personal property finding service. I team up with a buyer and help you find the perfect property for your needs. I am your man on the ground and expert in the market. Whatever is important to you will be my mission to bring you what you want without all the stress whilst guiding and protecting you in the process.
This is a personal property finding service. I team up with a buyer and help you find the perfect property for your needs. I am your man on the ground and expert in the market. Whatever is important to you will be my mission to bring you what you want without all the stress whilst guiding and protecting you in the process.
What is the average cost of housing in Oxford?
If you are thinking about moving to Oxford, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Oxford, can vary greatly depending on the type of property and location. However, as of 2021, the average price for a home in Oxford is around £430,000, with terraced houses typically costing around £500,000 and flats averaging at approximately £300,000. Renting a property in Oxford can also be quite expensive, with average monthly rents for a one-bedroom flat ranging from £800 to £1,200, and a three-bedroom house costing between £1,500 and £2,500 per month," explained one person living in Oxford, England.
Should I buy or rent a home in Oxford?
If you have not spent a lot of time in Oxford, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Oxford, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Oxford for an extended period and have a stable income, buying a home could be a good investment, as it allows you to build equity and potentially benefit from rising property values. Additionally, owning a home provides a sense of stability and the freedom to make changes to the property as you wish. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting might be a better option. Renting allows you to move more easily if your circumstances change, and it typically requires less upfront capital than buying a home. Furthermore, renting can be more cost-effective in the short term, as you won't be responsible for property taxes, maintenance, and other costs associated with homeownership. It's essential to carefully consider your financial situation, job stability, and lifestyle preferences before making a decision. Consulting with a financial advisor or real estate professional can also help you determine the best course of action for your specific situation," said one expat who made the move to Oxford.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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