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House Prices in OL1 House Prices in OL1 (Oldham)

The average house price in OL1 (Oldham) is £154,570 using HM Land Registry data.

The average property price increased by £72,513 (14.27%) over the last 5 years and increased by £14,526 (2.34%) over the last 12 months.

Over the last year, there were 122 residential property sales – a decrease of 58 transactions (-47.54%) relative to the previous year. The majority of house sales (34) were in the £90,000 - £126,000 range. Then came properties in the £126,000 - £162,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 162 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,445 (-3%).

In January 2025, there were 22 new estate agency instructions, 20 agreed home sales and 4 property price reductions.

Nearby Postcodes: , BB10, BB11, BB4, BL0, BL9, HD7, HD9, HX6, HX7, M24, M25, M35, M40, M9, OL10, OL11, OL12, OL13, OL14, OL15, OL16, OL2, OL3, OL4, OL5, OL6, OL7, OL8, OL9, OL95, SK13, SK15

5-Year Average Property Prices in OL1 (Oldham)

14.27%

Property prices in OL1 (Oldham) increased by 14.27% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in OL1 (Oldham) Over the Last Year

2.34%

Property prices in OL1 (Oldham) increased by 2.34% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for OL1 (Oldham) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in OL1 (Oldham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in OL1 (Oldham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in OL1 (Oldham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the OL1 (Oldham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL1 postcode area since 1995.

Recent Sales in OL1 (Oldham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Hopkin Avenue, Oldham, Greater Manchester, OL1 4DX£149,950£145,000-£4,95008 Aug 202413 Dec 2024127 Days
25 Bottomfield Close, Oldham, Greater Manchester, OL1 4AT£180,000£180,000£016 Apr 202429 Nov 2024227 Days
25 Furtherwood Road, Oldham, Greater Manchester, OL1 2PA£135,000£126,250-£8,75018 Oct 202318 Nov 2024397 Days
7 Burns Close, Oldham, Greater Manchester, OL1 4RE£240,000£230,000-£10,00025 Oct 202301 Nov 2024373 Days
315 Ripponden Road, Oldham, Greater Manchester, OL1 4JJ£120,000£116,000-£4,00020 May 202425 Oct 2024158 Days
16 Lower Dingle, Oldham, Greater Manchester, OL1 4PB£215,000£215,000£031 May 202413 Sep 2024105 Days
14 Hopkin Avenue, Oldham, Greater Manchester, OL1 4DX£129,950£129,950£006 Mar 202413 Sep 2024191 Days
25 Gower Street, Oldham, Greater Manchester, OL1 3UB£145,000£140,000-£5,00022 Nov 202306 Sep 2024289 Days
14 Buxted Road, Oldham, Greater Manchester, OL1 4LP£172,000£170,000-£2,00004 Apr 202406 Sep 2024155 Days
24 Fresca Road, Oldham, Greater Manchester, OL1 4NN£174,950£172,250-£2,70019 Dec 202306 Sep 2024262 Days
40 Putney Close, Oldham, Greater Manchester, OL1 2JS£220,000£220,000£014 Nov 202327 Aug 2024287 Days
4 Fairbourne Walk, Oldham, Greater Manchester, OL1 4QQ£150,000£148,000-£2,00030 Nov 202322 Aug 2024266 Days
8 Higher Fullwood, Oldham, Greater Manchester, OL1 4NL£165,000£163,000-£2,00029 Feb 202409 Aug 2024162 Days
26 Sidney Street, Oldham, Greater Manchester, OL1 3JX£110,000£110,000£016 Nov 202326 Jul 2024253 Days
42 Higher Fullwood, Oldham, Greater Manchester, OL1 4NL£170,000£165,000-£5,00008 Feb 202412 Jul 2024155 Days
3 St Matthews Drive, Chadderton, Oldham, Greater Manchester, OL1 2RB£290,000£275,000-£15,00015 Jan 202420 Jun 2024157 Days
209 Horsedge Street, Oldham, Greater Manchester, OL1 3DP£145,000£140,000-£5,00023 Nov 202328 May 2024187 Days
13 Chadderton Fold, Chadderton, Oldham, Greater Manchester, OL1 2RR£280,000£280,000£002 Oct 202320 May 2024231 Days
14 Waters Edge Fold, Oldham, Greater Manchester, OL1 4QJ£330,000£330,000£012 Oct 202317 May 2024218 Days
23 Bottomfield Close, Oldham, Greater Manchester, OL1 4AT£169,999£169,500-£49913 Oct 202329 Apr 2024199 Days

Most Expensive Streets in OL1 (Oldham)

PostcodeStreetAreaAverageNo. of Sales
OL1 2SPHealds Green, ChaddertonOldham£577,0434
OL1 2TBRacefield Hamlet, ChaddertonOldham£428,3336
OL1 2RRChadderton Fold, ChaddertonOldham£389,3279
OL1 2QZLeaside Avenue, ChaddertonOldham£356,1878
OL1 2TLHaigh Lane, ChaddertonOldham£345,0003
OL1 2TWIrk Vale Drive, ChaddertonOldham£324,3624
OL1 2RANorley Close, ChaddertonOldham£319,2485
OL1 2QTBurnley Lane, ChaddertonOldham£308,6619
OL1 2QYBirch Avenue, ChaddertonOldham£287,0836
OL1 2QUBirch Avenue, ChaddertonOldham£280,2169

Least Expensive Streets in OL1 (Oldham)

PostcodeStreetAreaAverageNo. of Sales
OL1 1TDUnion StreetOldham£48,6663
OL1 3DBFlorian House, Henshaw Street, OldhamOldham£71,5895
OL1 4RTThe Ridgedales, Coleridge RoadOldham£74,4605
OL1 3FUCardinal Court, Scholes Street, OldhamOldham£74,7485
OL1 2APBelmont StreetOldham£77,0003
OL1 2EWChadderton WayOldham£77,8754
OL1 3PSWhitehall StreetOldham£78,3333
OL1 4DJSt Ambrose CourtOldham£78,5836
OL1 2HNTrafalgar StreetOldham£83,6663
OL1 2PSCastleford Street, ChaddertonOldham£85,0004

Explore OL1 (Oldham) using map

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