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House Prices in OL2

The average house price in OL2 (Oldham) is £293,985 using HM Land Registry data.

The average property price increased by £64,920 (33.89%) over the last 5 years and increased by £12,975 (4.85%) over the last 12 months.

Over the last year, there were 470 residential property sales – a decrease of 36 transactions (-7.66%) relative to the previous year. The majority of house sales (120) were in the £176,000 - £222,000 range. Then came properties in the £130,000 - £176,000 range, where 108 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,352 (-3%).

In May 2025, there were 85 new estate agency instructions, 92 agreed home sales and 61 property price reductions.

5-Year Average Property Prices in OL2 (Oldham)

33.89%

Property prices in OL2 (Oldham) increased by 33.89% 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 OL2 (Oldham) Over the Last Year

4.85%

Property prices in OL2 (Oldham) increased by 4.85% 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 OL2 (Oldham) - May 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 OL2 (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 OL2 (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 OL2 (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 OL2 (Oldham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL2 postcode area since 1995.

Recent Sales in OL2 (Oldham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Ashworth Close, Royton, Oldham, Greater Manchester, OL2 6ED	£190,000	£188,000	-£2,000	26 Sep 2024	19 Feb 2025	146 Days
13 Arley Drive, Shaw, Oldham, Greater Manchester, OL2 8DY	£264,950	£250,000	-£14,950	13 Sep 2024	13 Feb 2025	153 Days
5 Thorp View, Royton, Oldham, Greater Manchester, OL2 5XT	£210,000	£200,000	-£10,000	30 Oct 2024	12 Feb 2025	105 Days
33 Cowlishaw, Shaw, Oldham, Greater Manchester, OL2 7BX	£230,000	£228,900	-£1,100	21 Oct 2024	10 Feb 2025	112 Days
27 Hawksmoor Drive, Shaw, Oldham, Greater Manchester, OL2 7UD	£199,950	£199,000	-£950	24 Aug 2024	10 Feb 2025	170 Days
18 Edge Hill Road, Royton, Oldham, Greater Manchester, OL2 6BL	£299,900	£292,000	-£7,900	09 Sep 2024	07 Feb 2025	151 Days
6 Pennine View, Royton, Oldham, Greater Manchester, OL2 6RS	£229,950	£212,000	-£17,950	20 Aug 2024	07 Feb 2025	171 Days
7 Bromley Avenue, Royton, Oldham, Greater Manchester, OL2 5YB	£189,950	£180,000	-£9,950	05 Aug 2024	04 Feb 2025	183 Days
3 Vine Close, Shaw, Oldham, Greater Manchester, OL2 7TG	£179,950	£170,000	-£9,950	21 Sep 2024	03 Feb 2025	135 Days
6 Maplewood Close, Royton, Oldham, Greater Manchester, OL2 5DS	£400,000	£385,000	-£15,000	29 Aug 2024	31 Jan 2025	155 Days
25 Surrey Avenue, Shaw, Oldham, Greater Manchester, OL2 7DN	£225,000	£214,000	-£11,000	19 Sep 2024	31 Jan 2025	134 Days
20 Farholme, Royton, Oldham, Greater Manchester, OL2 5BU	£410,000	£400,000	-£10,000	06 Sep 2024	31 Jan 2025	147 Days
19 Westminster Avenue, Royton, Oldham, Greater Manchester, OL2 5XY	£180,000	£180,000	£0	16 Sep 2024	30 Jan 2025	136 Days
9 Vine Close, Shaw, Oldham, Greater Manchester, OL2 7TG	£169,950	£168,000	-£1,950	29 Oct 2024	29 Jan 2025	92 Days
20 Duckworth Street, Shaw, Oldham, Greater Manchester, OL2 8ET	£150,000	£145,500	-£4,500	06 Apr 2024	27 Jan 2025	296 Days
72 Cornish Way, Royton, Oldham, Greater Manchester, OL2 6JY	£235,000	£225,000	-£10,000	15 Aug 2024	10 Jan 2025	148 Days
8 Lewis Street, Shaw, Oldham, Greater Manchester, OL2 8SN	£132,950	£130,000	-£2,950	17 Jun 2024	10 Jan 2025	207 Days
42 Pennine View, Royton, Oldham, Greater Manchester, OL2 6RS	£210,000	£210,000	£0	17 Jun 2024	10 Jan 2025	207 Days
47 Cumberland Drive, Royton, Oldham, Greater Manchester, OL2 5AY	£180,000	£170,000	-£10,000	12 Apr 2024	10 Jan 2025	273 Days
36 Oaklands Road, Royton, Oldham, Greater Manchester, OL2 6AS	£249,950	£234,000	-£15,950	12 Dec 2024	06 Jan 2025	25 Days

Most Expensive Streets in OL2 (Oldham)

Postcode	Street	Area	Average	No. of Sales
OL2 5UX	Tandle Hill Road, Royton	Oldham	£584,153	13
OL2 6GL	Cocker Mill Lane, Royton	Oldham	£543,141	7
OL2 8QA	Millbrook Close	Oldham	£519,333	3
OL2 8NE	Harden Hills	Oldham	£516,633	3
OL2 5RX	Thorncliffe Park	Oldham	£503,333	3
OL2 6GN	Diamond Drive, Royton	Oldham	£490,746	12
OL2 6GP	Dunning Drive, Royton	Oldham	£484,442	9
OL2 6GQ	Powell Close, Royton	Oldham	£431,748	4
OL2 5UY	Woodland Park	Oldham	£417,500	4
OL2 8PR	Clough	Oldham	£415,000	5

Least Expensive Streets in OL2 (Oldham)

Postcode	Street	Area	Average	No. of Sales
OL2 6AL	Crossley Street	Oldham	£86,000	3
OL2 6PA	Dale Square	Oldham	£97,666	3
OL2 7XF	Duchess Street	Oldham	£103,300	3
OL2 5UF	Albert Street	Oldham	£110,216	9
OL2 8RW	Queen Street	Oldham	£112,400	5
OL2 5LF	Church Street	Oldham	£112,500	3
OL2 7SB	Rochdale Road	Oldham	£113,250	6
OL2 6DA	Shaw Road	Oldham	£113,500	3
OL2 8BH	Goats, Milnrow Road	Oldham	£114,333	3
OL2 8HZ	Grains Road	Oldham	£114,500	4