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House Prices in OL4 House Prices in OL4 (Oldham)

The average house price in OL4 (Oldham) is £201,864 using HM Land Registry data.

The average property price increased by £39,048 (49.9%) over the last 5 years and increased by £7,822 (6.48%) over the last 12 months.

Over the last year, there were 352 residential property sales – a decrease of 104 transactions (-29.55%) relative to the previous year. The majority of house sales (101) were in the £100,000 - £160,000 range. Then came properties in the £160,000 - £220,000 range, where 91 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 183 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,288 (-4%).

In January 2025, there were 53 new estate agency instructions, 37 agreed home sales and 20 property price reductions.

Nearby Postcodes: BB10, BB11, BB4, BL0, BL9, HD7, HD9, HX6, HX7, M24, M35, OL1, OL10, OL11, OL12, OL13, OL14, OL15, OL16, OL2, OL3, OL5, OL6, OL7, OL8, OL9, SK13, SK15, SK16

5-Year Average Property Prices in OL4 (Oldham)

49.9%

Property prices in OL4 (Oldham) increased by 49.9% 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 OL4 (Oldham) Over the Last Year

6.48%

Property prices in OL4 (Oldham) increased by 6.48% 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 OL4 (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 OL4 (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 OL4 (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 OL4 (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 OL4 (Oldham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL4 postcode area since 1995.

Recent Sales in OL4 (Oldham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Summershades Lane, Grasscroft, Oldham, Greater Manchester, OL4 4ED£675,000£640,000-£35,00026 Sep 202419 Dec 202484 Days
33 Carr House Road, Springhead, Oldham, Greater Manchester, OL4 4NW£290,000£280,000-£10,00005 Aug 202417 Dec 2024134 Days
2 Brookside Avenue, Grotton, Oldham, Greater Manchester, OL4 4LH£247,500£247,500£013 Sep 202413 Dec 202491 Days
1 Ferguson Way, Oldham, Greater Manchester, OL4 2SX£315,000£305,000-£10,00003 Jun 202406 Dec 2024186 Days
18 Roe Lane, Oldham, Greater Manchester, OL4 5HY£220,000£210,000-£10,00012 Apr 202405 Dec 2024237 Days
15 Middleway, Grotton, Oldham, Greater Manchester, OL4 5SH£300,000£285,000-£15,00018 May 202405 Dec 2024201 Days
1 Heywood Avenue, Austerlands, Oldham, Greater Manchester, OL4 4AZ£260,000£260,000£027 Jul 202403 Dec 2024129 Days
3 Alderwood Fold, Lees, Oldham, Greater Manchester, OL4 5RW£400,000£390,000-£10,00025 Mar 202402 Dec 2024252 Days
30 Cooper Street, Springhead, Oldham, Greater Manchester, OL4 4QS£170,000£170,000£019 Jun 202427 Nov 2024161 Days
6 Thomas Street, Lees, Oldham, Greater Manchester, OL4 5BU£159,950£155,000-£4,95023 Feb 202420 Nov 2024271 Days
23 Dovecote Lane, Lees, Oldham, Greater Manchester, OL4 4SN£175,000£172,000-£3,00031 May 202415 Nov 2024168 Days
47 Co Operative Street, Springhead, Oldham, Greater Manchester, OL4 5TB£160,000£155,000-£5,00010 Jul 202415 Nov 2024128 Days
634 Ripponden Road, Oldham, Greater Manchester, OL4 2LW£110,000£110,000£010 May 202413 Nov 2024187 Days
8 Norbury Avenue, Grasscroft, Oldham, Greater Manchester, OL4 4DY£675,000£650,000-£25,00011 May 202431 Oct 2024173 Days
77 Lowside Drive, Oldham, Greater Manchester, OL4 1AS£240,000£227,500-£12,50005 Jun 202430 Oct 2024147 Days
10 Manor Farm Rise, Oldham, Greater Manchester, OL4 3HF£210,000£200,000-£10,00004 Jul 202428 Oct 2024116 Days
19 Whinberry Way, Oldham, Greater Manchester, OL4 2NN£285,000£280,000-£5,00016 Mar 202425 Oct 2024223 Days
656 Huddersfield Road, Lees, Oldham, Greater Manchester, OL4 3PZ£230,000£226,000-£4,00002 Aug 202425 Oct 202484 Days
16 Lower Turf Lane, Scouthead, Oldham, Greater Manchester, OL4 4BG£225,000£225,000£016 Apr 202424 Oct 2024191 Days
26 Brooklands Drive, Grotton, Oldham, Greater Manchester, OL4 4LG£350,000£157,500-£192,50005 Jun 202423 Oct 2024140 Days

Most Expensive Streets in OL4 (Oldham)

PostcodeStreetAreaAverageNo. of Sales
OL4 4EQOaklands Road, GrasscroftOldham£1,036,6663
OL4 4ESThe Park, GrasscroftOldham£724,0624
OL4 5RPThornley Lane, GrottonOldham£668,4005
OL4 4JYOaklands Park, GrasscroftOldham£668,3333
OL4 4HPSharon Avenue, GrasscroftOldham£615,6663
OL4 4HUOldham Road, GrasscroftOldham£615,4498
OL4 4EUBrookway, GrasscroftOldham£551,7504
OL4 5QYStation Lane, GrottonOldham£543,3333
OL4 4HZOldham Road, GrasscroftOldham£527,0003
OL4 4DWOldham Road, GrasscroftOldham£522,0005

Least Expensive Streets in OL4 (Oldham)

PostcodeStreetAreaAverageNo. of Sales
OL4 1REAbbeyhills RoadOldham£66,8005
OL4 5JYFulham StreetOldham£67,8754
OL4 5ETSmyrna StreetOldham£68,4005
OL4 2BLRaper StreetOldham£71,10010
OL4 3EDSaxon StreetOldham£73,5004
OL4 1LNClarksfield RoadOldham£75,0003
OL4 5PGWildmoor AvenueOldham£80,3333
OL4 2EBNewbreak StreetOldham£85,3336
OL4 5JXHuxley StreetOldham£85,6663
OL4 2BPRyeburne StreetOldham£86,12510

Explore OL4 (Oldham) using map

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