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House Prices in OL2 House Prices in OL2 (Oldham)

The average house price in OL2 (Oldham) is £227,322 using HM Land Registry data.

The average property price increased by £55,372 (33.89%) over the last 5 years and increased by £11,092 (4.85%) over the last 12 months.

Over the last year, there were 413 residential property sales – a decrease of 53 transactions (-12.83%) relative to the previous year. The majority of house sales (88) were in the £158,000 - £196,000 range. Then came properties in the £196,000 - £234,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 132 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,352 (-3%).

In January 2025, there were 79 new estate agency instructions, 65 agreed home sales and 48 property price reductions.

Nearby Postcodes: BB10, BB11, BB4, BL0, BL9, HD7, HD9, HX6, HX7, M24, M25, M40, M9, OL1, OL10, OL11, OL12, OL13, OL14, OL15, OL16, OL3, OL4, OL5, OL6, OL8, OL9, SK13, SK15

5-Year Average Property Prices in OL2 (Oldham)

33.89%

Property prices in OL2 (Oldham) increased by 33.89% 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 OL2 (Oldham) Over the Last Year

4.85%

Property prices in OL2 (Oldham) increased by 4.85% 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 OL2 (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 OL2 (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 OL2 (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 OL2 (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 OL2 (Oldham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL2 postcode area since 1995.

Recent Sales in OL2 (Oldham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Monarch Close, Royton, Oldham, Greater Manchester, OL2 5AE£184,950£180,000-£4,95005 Jul 202416 Dec 2024164 Days
4 Crompton Gate, Shaw, Oldham, Greater Manchester, OL2 7WS£159,950£159,950£026 Jul 202416 Dec 2024143 Days
7 Hawkshead Drive, Royton, Oldham, Greater Manchester, OL2 6TW£230,000£220,000-£10,00003 Jun 202413 Dec 2024193 Days
263 Rochdale Road, Royton, Oldham, Greater Manchester, OL2 5SX£229,950£218,000-£11,95027 Aug 202412 Dec 2024107 Days
32 Baldwins Close, Royton, Oldham, Greater Manchester, OL2 5FG£139,950£138,500-£1,45001 Jul 202406 Dec 2024158 Days
71 Pennine View, Royton, Oldham, Greater Manchester, OL2 6RT£275,000£269,000-£6,00019 Jul 202406 Dec 2024140 Days
25 Clarence Street, Royton, Oldham, Greater Manchester, OL2 6LR£179,950£177,000-£2,95026 Jul 202404 Dec 2024131 Days
65 Marlborough Road, Royton, Oldham, Greater Manchester, OL2 6AU£210,000£205,000-£5,00024 Jun 202429 Nov 2024158 Days
3 Heyside Avenue, Royton, Oldham, Greater Manchester, OL2 6LB£174,950£172,990-£1,96018 Mar 202429 Nov 2024256 Days
75 Glebe Street, Shaw, Oldham, Greater Manchester, OL2 7SF£159,950£159,950£013 Sep 202429 Nov 202477 Days
33 Hilltop Drive, Royton, Oldham, Greater Manchester, OL2 6AG£107,950£107,950£006 Jun 202425 Nov 2024172 Days
32 Chapelway Gardens, Royton, Oldham, Greater Manchester, OL2 6UQ£300,000£298,500-£1,50004 Sep 202425 Nov 202482 Days
74 Grasmere Road, Royton, Oldham, Greater Manchester, OL2 6SJ£275,000£270,000-£5,00021 Feb 202422 Nov 2024275 Days
40 Dogford Road, Royton, Oldham, Greater Manchester, OL2 6UA£229,995£224,000-£5,99511 Jun 202422 Nov 2024164 Days
7 Regent Crescent, Royton, Oldham, Greater Manchester, OL2 5BA£275,000£270,000-£5,00012 Jul 202420 Nov 2024131 Days
24 Duckworth Street, Shaw, Oldham, Greater Manchester, OL2 8ET£150,000£145,000-£5,00016 Jul 202418 Nov 2024125 Days
24 Baldwins Close, Royton, Oldham, Greater Manchester, OL2 5FG£149,950£145,000-£4,95020 Feb 202418 Nov 2024272 Days
21 Carlton Way, Royton, Oldham, Greater Manchester, OL2 5AZ£239,950£235,000-£4,95012 Jun 202418 Nov 2024159 Days
23 Crocus Drive, Royton, Oldham, Greater Manchester, OL2 6QP£270,000£270,000£030 Jul 202415 Nov 2024108 Days
145 Trent Road, Shaw, Oldham, Greater Manchester, OL2 7QU£170,000£164,000-£6,00017 May 202415 Nov 2024182 Days

Most Expensive Streets in OL2 (Oldham)

PostcodeStreetAreaAverageNo. of Sales
OL2 5UXTandle Hill Road, RoytonOldham£584,10010
OL2 8QAMillbrook Close, ShawOldham£519,3333
OL2 8NEHarden Hills, ShawOldham£516,6333
OL2 5RXThorncliffe Park, RoytonOldham£503,3333
OL2 8PRClough, ShawOldham£472,5004
OL2 5UYWoodland Park, RoytonOldham£440,0003
OL2 7JARochdale Road, ShawOldham£391,6427
OL2 7PWWestdown Gardens, ShawOldham£389,9833
OL2 5TQWensleydale Close, RoytonOldham£384,3333
OL2 6LQGreencroft Meadow, RoytonOldham£382,6254

Least Expensive Streets in OL2 (Oldham)

PostcodeStreetAreaAverageNo. of Sales
OL2 6ALCrossley Street, RoytonOldham£86,0003
OL2 6PADale Square, RoytonOldham£97,6663
OL2 5UFAlbert Street, RoytonOldham£108,89510
OL2 7XFDuchess Street, ShawOldham£110,8504
OL2 8ENCrossley Street, ShawOldham£112,1503
OL2 8RWQueen Street, ShawOldham£112,4005
OL2 5LFChurch Street, RoytonOldham£112,5003
OL2 7SBRochdale Road, ShawOldham£113,2506
OL2 6DAShaw Road, RoytonOldham£113,5003
OL2 8BHGoats, ShawOldham£114,3333

Explore OL2 (Oldham) using map

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