OXFORD now has the slowest-moving housing market of any English city, new figures reveal.

Homes in the city take on average 52 days to secure a buyer – almost double the UK average of 27 days, according to property website Zoopla.

But houses are still selling faster in Oxford than this time last year, when the figure was 66 days.

House prices in Oxford are still rising as well with local price changes still to reveal the impact of coronavirus

The housing market is particularly slow in the city because of a 'lack of supply' and unaffordability, said Zoopla.

The picture is similar across the South East – which saw the slowest moving housing market of all UK regions in Zoopla’s latest House Price Index.

According to the report, homes take 31 days to sell in the South East of England compared to the UK average of 27 days.

The report also revealed the average house price in Oxford stands at £398,700 and house price inflation was running at 0.8 per cent year on year in July.

Read more: attempted murder investigation launched after two men stabbed in Oxford

Richard Donnell, research and insight director at Zoopla, said: “Housing market conditions remain unseasonably strong despite the UK moving into recession.

"Meanwhile, houses are selling faster than flats as we see a shift in buyer priorities in the wake of the lockdown and movers prioritise more space.

“The next important milestone for the housing market comes in September when schools reopen and the UK starts to get back towards a full reopening of the economy."

He added: "The ‘once in a lifetime’ re-evaluation of housing requirements on the back of the lockdown will be a counterweight to the impact of the recession on housing market activity over the rest of 2020. "While demand has softened over August, we expect the current momentum in market activity to continue into 2020Q4."