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Shaw House Prices Shaw House Prices

The average house price in Shaw is £194,642 using HM Land Registry data.

The average property price increased by £71,476 (46.83%) over the last 5 years and increased by £14,289 (6.81%) over the last 12 months.

Over the last year, there were 164 residential property sales – a decrease of 72 transactions (-43.90%) relative to the previous year. The majority of house sales (36) were in the £184,000 - £216,000 range. Then came properties in the £152,000 - £184,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,155 (-3%).

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

Neighbouring Areas: Royton

Postcodes Covered: OL2

5-Year Average Property Prices in Shaw

46.83%

Property prices in Shaw increased by 46.83% 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 Shaw Over the Last Year

6.81%

Property prices in Shaw increased by 6.81% 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 Shaw - 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 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 Shaw

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 Shaw

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 Shaw

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 Shaw since 1995

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

Recent Property Sales in Shaw

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Arley Drive, Shaw, Oldham, Greater Manchester, OL2 8DY£239,950£237,500-£2,45016 Feb 202427 Aug 2024193 Days
6 North Downs Road, Shaw, Oldham, Greater Manchester, OL2 7RJ£265,000£253,000-£12,00027 Feb 202416 Aug 2024171 Days
23 Denbigh Drive, Shaw, Oldham, Greater Manchester, OL2 7EQ£250,000£240,000-£10,00022 Nov 202331 Jul 2024252 Days
1 Bowland Close, Shaw, Oldham, Greater Manchester, OL2 7LJ£315,000£310,000-£5,00003 Feb 202426 Jul 2024174 Days
29 Blakelock Street, Shaw, Oldham, Greater Manchester, OL2 7SE£149,950£145,000-£4,95028 Mar 202419 Jul 2024113 Days
51 Vine Close, Shaw, Oldham, Greater Manchester, OL2 7TG£100,000£90,000-£10,00025 Oct 202319 Jul 2024268 Days
229 Grains Road, Shaw, Oldham, Greater Manchester, OL2 8JX£189,995£180,000-£9,99525 Oct 202328 Jun 2024247 Days
37 Travis Street, Shaw, Oldham, Greater Manchester, OL2 8EH£140,000£140,000£0014 Feb 202428 Jun 2024135 Days
23 George Street, Shaw, Oldham, Greater Manchester, OL2 8DL£220,000£212,500-£7,50005 Mar 202421 Jun 2024108 Days
39 Vine Close, Shaw, Oldham, Greater Manchester, OL2 7TG£199,950£195,000-£4,95019 Feb 202421 Jun 2024123 Days
8 Bourne Road, Shaw, Oldham, Greater Manchester, OL2 7XN£250,000£250,000£0024 Jan 202421 Jun 2024149 Days
42 Queen Street, Shaw, Oldham, Greater Manchester, OL2 8RW£139,995£115,000-£24,99507 Nov 202314 Jun 2024220 Days
17 Arthur Street, Shaw, Oldham, Greater Manchester, OL2 7SJ£174,950£174,950£0014 Dec 202310 Jun 2024179 Days
28 Duchess Park Close, Shaw, Oldham, Greater Manchester, OL2 7YN£210,000£205,000-£5,00001 Mar 202407 Jun 202498 Days
1 Marlfield Road, Shaw, Oldham, Greater Manchester, OL2 7NF£210,000£210,000£0021 Jun 202329 May 2024343 Days
11 Oak Street, Shaw, Oldham, Greater Manchester, OL2 8EJ£174,950£169,950-£5,00011 Oct 202328 May 2024230 Days
41 Duchess Park Close, Shaw, Oldham, Greater Manchester, OL2 7YN£210,000£210,000£0031 Oct 202310 May 2024192 Days
Fern Leigh, Rochdale Road, Shaw, Oldham, Greater Manchester, OL2 7JA£550,000£530,000-£20,00025 May 202302 May 2024343 Days
10 Refuge Street, Shaw, Oldham, Greater Manchester, OL2 8RH£159,950£110,000-£49,95028 Sep 202326 Apr 2024211 Days
4 St Josephs Close, Shaw, Oldham, Greater Manchester, OL2 7UZ£264,995£250,000-£14,99512 Jan 202426 Apr 2024105 Days

Most Expensive Streets in Shaw

PostcodeStreetAreaAverageNo. of Sales
OL2 8QAMillbrook CloseShaw£519,3333
OL2 8NEHarden HillsShaw£516,6333
OL2 8PRCloughShaw£416,6663
OL2 7JARochdale RoadShaw£391,6427
OL2 7PWWestdown GardensShaw£389,9833
OL2 8TQCastlemere DriveShaw£357,6663
OL2 7EZEdward RoadShaw£336,0003
OL2 8HTHannerton RoadShaw£334,3333
OL2 8LFUnderwood WayShaw£333,6256
OL2 8QBHampden RoadShaw£324,0005

Least Expensive Streets in Shaw

PostcodeStreetAreaAverageNo. of Sales
OL2 7RXTudor StreetShaw£109,1258
OL2 8RWQueen StreetShaw£109,2504
OL2 7TNMilnrow RoadShaw£109,4287
OL2 8SZOldham RoadShaw£109,9984
OL2 7XFDuchess StreetShaw£110,8504
OL2 8ENCrossley StreetShaw£112,1503
OL2 7SGAlfred StreetShaw£113,0004
OL2 7SBRochdale RoadShaw£113,2506
OL2 7SFGlebe StreetShaw£114,1878
OL2 8BHGoatsShaw£114,3333

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