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House Prices in OL9

The average house price in OL9 (Oldham) is £170,017 using HM Land Registry data.

The average property price increased by £60,198 (53.09%) over the last 5 years and increased by £12,034 (6.77%) over the last 12 months.

Over the last year, there were 283 residential property sales – a decrease of 147 transactions (-51.94%) relative to the previous year. The majority of house sales (67) were in the £136,000 - £172,000 range. Then came properties in the £172,000 - £208,000 range, where 53 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,480 (-3%).

In June 2024, there were 52 new estate agency instructions, 48 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in OL9 (Oldham)

53.09%

Property prices in Oldham increased by 53.09% 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 OL9 (Oldham) Over the Last Year

6.77%

Property prices in Oldham increased by 6.77% 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.

Property Market Heat Gauge for OL9 (Oldham) - June 2024

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 OL9 (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 OL9 (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 OL9 (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 OL9 (Oldham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL9 postcode area since 1995.

Recent Sales in OL9 (Oldham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
53 Shelley Road, Chadderton, Oldham, Greater Manchester, OL9 8HS	£199,950	£195,000	-£4,950	18 Nov 2023	26 Apr 2024	160 Days
3 Kershaw Drive, Chadderton, Oldham, Greater Manchester, OL9 9PN	£225,000	£216,500	-£8,500	02 Oct 2023	19 Apr 2024	200 Days
39 Lindale Avenue, Chadderton, Oldham, Greater Manchester, OL9 9DW	£260,000	£260,000	£00	07 Dec 2023	12 Apr 2024	127 Days
37 Ashton Crescent, Chadderton, Oldham, Greater Manchester, OL9 8HE	£220,000	£218,000	-£2,000	05 Aug 2023	05 Apr 2024	244 Days
24 Fife Avenue, Chadderton, Oldham, Greater Manchester, OL9 8AG	£159,950	£150,000	-£9,950	21 Nov 2023	28 Mar 2024	128 Days
29 Ravenwood, Chadderton, Oldham, Greater Manchester, OL9 9UE	£169,950	£164,500	-£5,450	15 Sep 2023	28 Mar 2024	195 Days
21 Turf Lane, Chadderton, Oldham, Greater Manchester, OL9 8HL	£130,000	£130,000	£00	08 Aug 2023	27 Mar 2024	232 Days
7 Cartmel Crescent, Chadderton, Oldham, Greater Manchester, OL9 8DA	£210,000	£210,000	£00	10 Nov 2023	19 Mar 2024	130 Days
1071 Middleton Road, Chadderton, Oldham, Greater Manchester, OL9 0NW	£230,000	£216,000	-£14,000	23 May 2023	23 Feb 2024	276 Days
45 Eustace Street, Chadderton, Oldham, Greater Manchester, OL9 0ED	£135,000	£125,000	-£10,000	20 Sep 2023	23 Feb 2024	156 Days
282 Broadway, Chadderton, Oldham, Greater Manchester, OL9 9QU	£280,000	£270,000	-£10,000	05 Oct 2023	20 Feb 2024	138 Days
39 Baytree Avenue, Chadderton, Oldham, Greater Manchester, OL9 0NH	£220,000	£205,000	-£15,000	13 Sep 2023	15 Feb 2024	155 Days
208 Garforth Street, Chadderton, Oldham, Greater Manchester, OL9 6RP	£150,000	£149,200	-£800	15 Sep 2023	06 Feb 2024	144 Days
63 Derby Street, Chadderton, Oldham, Greater Manchester, OL9 7HJ	£175,000	£173,600	-£1,400	09 Sep 2022	06 Feb 2024	515 Days
30 St Georges Square, Chadderton, Oldham, Greater Manchester, OL9 9NY	£284,950	£283,500	-£1,450	18 Mar 2023	02 Feb 2024	321 Days
33 Redwood, Chadderton, Oldham, Greater Manchester, OL9 9TG	£150,000	£146,000	-£4,000	09 Nov 2023	29 Jan 2024	81 Days
11 Denmark Way, Chadderton, Oldham, Greater Manchester, OL9 6SD	£149,950	£148,000	-£1,950	27 Jul 2023	29 Jan 2024	186 Days
200 Coalshaw Green Road, Chadderton, Oldham, Greater Manchester, OL9 8JS	£125,000	£115,000	-£10,000	15 Jun 2023	24 Jan 2024	223 Days
22 Ribble Avenue, Chadderton, Oldham, Greater Manchester, OL9 0PN	£250,000	£232,500	-£17,500	09 Jun 2023	18 Jan 2024	223 Days
23 Otley Close, Chadderton, Oldham, Greater Manchester, OL9 8RA	£190,000	£180,000	-£10,000	01 Aug 2023	17 Jan 2024	169 Days

Most Expensive Streets in OL9 (Oldham)

Postcode	Street	Area	Average	No. of Sales
OL9 0LZ	Alligin Close, Chadderton	Oldham	£441,666	3
OL9 9JJ	Hunt Lane, Chadderton	Oldham	£441,445	10
OL9 0PG	Packwood Chase, Chadderton	Oldham	£405,000	3
OL9 9FN	Foxdenton Lane, Chadderton	Oldham	£384,995	3
OL9 9FS	Henrietta Court	Oldham	£367,995	12
OL9 0LY	Challum Drive, Chadderton	Oldham	£364,825	6
OL9 9UX	Ridgewood Avenue, Chadderton	Oldham	£356,250	4
OL9 9UF	Ridgewood Avenue, Chadderton	Oldham	£353,666	3
OL9 9GG	Green Pastures Way, Chadderton	Oldham	£345,895	10
OL9 9FQ	Fairfax Close, Chadderton	Oldham	£345,183	16

Least Expensive Streets in OL9 (Oldham)

Postcode	Street	Area	Average	No. of Sales
OL9 9AS	Stockfield Mount, Chadderton	Oldham	£45,125	4
OL9 6BE	Colwyn Street	Oldham	£71,250	4
OL9 6RH	Westfield Street, Chadderton	Oldham	£71,666	3
OL9 7RN	Lincoln Street	Oldham	£73,333	3
OL9 7SL	Oxford Street	Oldham	£74,750	4
OL9 6LU	Stirling Street	Oldham	£78,785	7
OL9 0DW	Cedar Crescent, Chadderton	Oldham	£85,333	3
OL9 6RW	Garforth Street, Chadderton	Oldham	£88,166	6
OL9 7SE	Worcester Street	Oldham	£88,333	3
OL9 8JS	Coalshaw Green Road, Chadderton	Oldham	£90,269	13