House Prices in OL3 House Prices in OL3 (Oldham)

The average house price in OL3 (Oldham) is £295,444 using HM Land Registry data.

The average property price increased by £67,736 (13.13%) over the last 5 years and increased by £13,572 (2.17%) over the last 12 months.

Over the last year, there were 151 residential property sales – a decrease of 60 transactions (-39.74%) relative to the previous year. The majority of house sales (41) were in the £240,000 - £310,000 range. Then came properties in the £170,000 - £240,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,995 (-2%).

In Oct 24, there were 26 new estate agency instructions, 28 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in OL3 (Oldham)

13.13%

Property prices in Oldham increased by 13.13% 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 OL3 (Oldham) Over the Last Year

2.17%

Property prices in Oldham increased by 2.17% 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 OL3 (Oldham) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 OL3 (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 OL3 (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 OL3 (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 OL3 (Oldham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL3 postcode area since 1995.

Recent Sales in OL3 (Oldham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Sykes Close, Greenfield, Oldham, Greater Manchester, OL3 7PT£485,000£485,000£0023 Feb 202409 Aug 2024168 Days
10 Sykes Close, Greenfield, Oldham, Greater Manchester, OL3 7PT£450,000£445,000-£5,00019 Apr 202409 Aug 2024112 Days
18 Oak View Road, Greenfield, Oldham, Greater Manchester, OL3 7EP£320,000£315,000-£5,00013 Feb 202430 Jul 2024168 Days
Apartment 32, The Wharf, Wool Road, Dobcross, Oldham, Greater Manchester, OL3 5QR£195,000£195,000£0012 Mar 202429 Jul 2024139 Days
3 Lower Wrigley Green, Diggle, Oldham, Greater Manchester, OL3 5WG£375,000£342,500-£32,50002 May 202426 Jul 202485 Days
2 Willow Road, Uppermill, Oldham, Greater Manchester, OL3 6JP£374,995£350,000-£24,99504 Sep 202326 Jul 2024326 Days
201 Huddersfield Road, Diggle, Oldham, Greater Manchester, OL3 5PF£210,000£205,000-£5,00014 Mar 202419 Jul 2024127 Days
29 Ainley Wood, Delph, Oldham, Greater Manchester, OL3 5HL£365,000£357,500-£7,50023 Nov 202301 Jul 2024221 Days
8 Rose Hill, Delph, Oldham, Greater Manchester, OL3 5ED£325,000£323,000-£2,00015 Mar 202428 Jun 2024105 Days
19 Mount View, Uppermill, Oldham, Greater Manchester, OL3 6DB£280,000£280,000£0006 Feb 202421 Jun 2024136 Days
5 Church Street, Delph, Oldham, Greater Manchester, OL3 5DR£275,000£275,000£0004 Apr 202414 Jun 202471 Days
12 Pickhill, Uppermill, Oldham, Greater Manchester, OL3 6BN£425,000£417,000-£8,00024 Oct 202310 Jun 2024230 Days
19 Fernthorpe Avenue, Uppermill, Oldham, Greater Manchester, OL3 6EA£275,000£272,000-£3,00008 Mar 202405 Jun 202489 Days
11 Hillside Avenue, Diggle, Oldham, Greater Manchester, OL3 5NY£260,000£257,500-£2,50006 Sep 202331 May 2024268 Days
The Coach House, Oldham Road, Denshaw, Oldham, Greater Manchester, OL3 5SP£630,000£610,000-£20,00011 Sep 202324 May 2024256 Days
2 Riverbank, Dobcross, Oldham, Greater Manchester, OL3 5BS£230,000£230,000£0003 Jan 202430 Apr 2024118 Days
44 Grove Road, Uppermill, Oldham, Greater Manchester, OL3 6JL£350,000£345,000-£5,00016 Nov 202308 Apr 2024144 Days
Higher House, Thurston Clough Road, Dobcross, Oldham, Greater Manchester, OL3 5RE£595,000£570,000-£25,00029 Jan 202405 Apr 202467 Days
11 Elsted Road, Greenfield, Oldham, Greater Manchester, OL3 7LL£550,000£520,000-£30,00013 Dec 202328 Mar 2024106 Days
2 Kinders Mews, Greenfield, Oldham, Greater Manchester, OL3 7JF£199,999£199,999£0020 Oct 202327 Mar 2024159 Days

Most Expensive Streets in OL3 (Oldham)

PostcodeStreetAreaAverageNo. of Sales
OL3 7FZThornley Rise, GreenfieldOldham£660,0005
OL3 5NBStandedge Road, DiggleOldham£640,5003
OL3 6BXRyefields Drive, UppermillOldham£638,3333
OL3 5RTBuckley Drive, DenshawOldham£578,8754
OL3 7LALow Grove Lane, GreenfieldOldham£577,5004
OL3 5NTHuddersfield Road, DiggleOldham£555,4287
OL3 6DWBagnall Close, UppermillOldham£546,3313
OL3 5NJSugar Lane, DobcrossOldham£545,1005
OL3 5JWHolly Grove, DiggleOldham£537,5004
OL3 5JAHill End Road, DelphOldham£536,6663

Least Expensive Streets in OL3 (Oldham)

PostcodeStreetAreaAverageNo. of Sales
OL3 7JZShaw Hall Bank Road, GreenfieldOldham£89,6254
OL3 5AEChancery Lane, DobcrossOldham£139,6503
OL3 6BEOutram Mews, UppermillOldham£157,3279
OL3 5RGKnarr Cottages, DobcrossOldham£161,0003
OL3 5EWBrookside Terrace, DelphOldham£164,3093
OL3 6ALVillage Green, UppermillOldham£169,57613
OL3 5TDSlackcote Hall, Slackcote LaneOldham£171,9005
OL3 5QRThe Wharf, Wool RoadOldham£172,81216
OL3 6ASVillage Manor, High Street, UppermillOldham£181,25010
OL3 6HUGlengarth, UppermillOldham£182,8005

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