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House Prices in OL4 House Prices in OL4 (Oldham)

The average house price in OL4 (Oldham) is £207,225 using HM Land Registry data.

The average property price increased by £48,120 (49.9%) over the last 5 years and increased by £9,642 (6.48%) over the last 12 months.

Over the last year, there were 311 residential property sales – a decrease of 169 transactions (-54.34%) relative to the previous year. The majority of house sales (98) were in the £100,000 - £160,000 range. Then came properties in the £160,000 - £220,000 range, where 81 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,034 (-3%).

In Oct 24, there were 48 new estate agency instructions, 54 agreed home sales and 49 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 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 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) - 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 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
30 Dovecote Lane, Lees, Oldham, Greater Manchester, OL4 4SW£160,000£154,870-£5,13014 Mar 202422 Aug 2024161 Days
19 Woodend Street, Springhead, Oldham, Greater Manchester, OL4 5TL£110,000£109,000-£1,00029 Feb 202416 Aug 2024169 Days
44 Dunham Street, Lees, Oldham, Greater Manchester, OL4 3NH£150,000£147,000-£3,00019 Jan 202414 Aug 2024208 Days
163 Stamford Road, Lees, Oldham, Greater Manchester, OL4 3NB£160,000£156,000-£4,00012 Mar 202412 Aug 2024153 Days
1 Den Hill Drive, Springhead, Oldham, Greater Manchester, OL4 4NR£225,000£220,000-£5,00005 Apr 202409 Aug 2024126 Days
42 Church Street East, Oldham, Greater Manchester, OL4 2JQ£215,000£202,500-£12,50010 Apr 202408 Aug 2024120 Days
971 Huddersfield Road, Scouthead, Oldham, Greater Manchester, OL4 4AT£240,000£235,000-£5,00006 Feb 202402 Aug 2024178 Days
5 Station Road, Grotton, Oldham, Greater Manchester, OL4 5SF£300,000£296,000-£4,00024 Nov 202302 Aug 2024252 Days
12 Link Road, Springhead, Oldham, Greater Manchester, OL4 4SF£185,000£185,000£0001 Jul 202202 Aug 2024763 Days
7 Woodside Close, Lees, Oldham, Greater Manchester, OL4 3AA£175,000£175,000£0001 Feb 202431 Jul 2024181 Days
6 Clarksfield Street, Oldham, Greater Manchester, OL4 3AN£130,000£128,000-£2,00002 Apr 202430 Jul 2024119 Days
14 Lower Turf Lane, Scouthead, Oldham, Greater Manchester, OL4 4BG£240,000£228,000-£12,00022 Jan 202430 Jul 2024190 Days
5 Buller Street, Oldham, Greater Manchester, OL4 2DS£200,000£190,000-£10,00005 Feb 202426 Jul 2024172 Days
6 Smith Street, Lees, Oldham, Greater Manchester, OL4 3NQ£150,000£150,000£0007 Mar 202426 Jul 2024141 Days
24 Thomas Street, Lees, Oldham, Greater Manchester, OL4 5BU£195,000£195,000£0007 Mar 202419 Jul 2024134 Days
18 Stockton Park, Oldham, Greater Manchester, OL4 3BG£200,000£200,000£0022 Mar 202419 Jul 2024119 Days
24 Belmont Avenue, Springhead, Oldham, Greater Manchester, OL4 4RL£330,000£312,500-£17,50012 Feb 202418 Jul 2024157 Days
18 Burnedge Lane, Grasscroft, Oldham, Greater Manchester, OL4 4DX£375,000£370,000-£5,00012 Mar 202412 Jul 2024122 Days
39 Mossley Road, Grasscroft, Oldham, Greater Manchester, OL4 4HH£785,000£723,000-£62,00028 Sep 202312 Jul 2024288 Days
34b, Brookway, Lees, Oldham, Greater Manchester, OL4 5BE£245,000£238,000-£7,00011 Mar 202411 Jul 2024122 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£716,2504
OL4 4JYOaklands Park, GrasscroftOldham£668,3333
OL4 4HUOldham Road, GrasscroftOldham£639,7997
OL4 4HPSharon Avenue, GrasscroftOldham£615,6663
OL4 4DWOldham Road, GrasscroftOldham£550,0004
OL4 4EPBeech Lane, GrasscroftOldham£506,6663
OL4 4EUBrookway, GrasscroftOldham£489,0003
OL4 4HHMossley Road, GrasscroftOldham£482,6663

Least Expensive Streets in OL4 (Oldham)

PostcodeStreetAreaAverageNo. of Sales
OL4 5JXHuxley StreetOldham£60,3333
OL4 5JYFulham StreetOldham£65,5003
OL4 1REAbbeyhills RoadOldham£66,8005
OL4 5LEAspull StreetOldham£67,9833
OL4 5ETSmyrna StreetOldham£68,4005
OL4 2BLRaper StreetOldham£69,75012
OL4 3EDSaxon StreetOldham£73,5004
OL4 1LNClarksfield RoadOldham£75,0003
OL4 5PGWildmoor AvenueOldham£80,3333
OL4 1JALittlebank StreetOldham£81,3005

Explore OL4 (Oldham) using map

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