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House Prices in OL2

The average house price in OL2 (Oldham) is £223,570 using HM Land Registry data.

The average property price increased by £52,976 (33.89%) over the last 5 years and increased by £10,615 (4.85%) over the last 12 months.

Over the last year, there were 419 residential property sales – a decrease of 36 transactions (-8.59%) relative to the previous year. The majority of house sales (90) were in the £166,000 - £202,000 range. Then came properties in the £130,000 - £166,000 range, where 89 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 232 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,352 (-3%).

In February 2025, there were 71 new estate agency instructions, 63 agreed home sales and 43 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) - February 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 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
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
19 Turf Close, Royton, Oldham, Greater Manchester, OL2 6BZ	£190,000	£190,000	£0	23 Jul 2024	20 Dec 2024	150 Days
1 Victoria Way, Royton, Oldham, Greater Manchester, OL2 5SB	£210,000	£210,000	£0	18 Sep 2024	19 Dec 2024	92 Days
5 St James Street, Shaw, Oldham, Greater Manchester, OL2 7TD	£139,950	£136,000	-£3,950	28 Sep 2024	19 Dec 2024	82 Days
19 Berkeley Drive, Royton, Oldham, Greater Manchester, OL2 5BB	£275,000	£275,000	£0	20 Sep 2024	19 Dec 2024	90 Days
23 Flake Lane, Royton, Oldham, Greater Manchester, OL2 5RF	£95,000	£95,000	£0	05 Jul 2024	18 Dec 2024	166 Days
12 Cheetham Street, Shaw, Oldham, Greater Manchester, OL2 8PW	£159,950	£159,950	£0	26 Sep 2024	18 Dec 2024	83 Days
44 Sumner Street, Shaw, Oldham, Greater Manchester, OL2 8RY	£145,000	£139,000	-£6,000	12 Aug 2024	17 Dec 2024	127 Days
4 Monarch Close, Royton, Oldham, Greater Manchester, OL2 5AE	£184,950	£180,000	-£4,950	05 Jul 2024	16 Dec 2024	164 Days
4 Crompton Gate, Shaw, Oldham, Greater Manchester, OL2 7WS	£159,950	£159,950	£0	26 Jul 2024	16 Dec 2024	143 Days
9 Great Meadow, Shaw, Oldham, Greater Manchester, OL2 7PU	£250,000	£246,000	-£4,000	28 Feb 2024	16 Dec 2024	292 Days
7 Hawkshead Drive, Royton, Oldham, Greater Manchester, OL2 6TW	£230,000	£220,000	-£10,000	03 Jun 2024	13 Dec 2024	193 Days
263 Rochdale Road, Royton, Oldham, Greater Manchester, OL2 5SX	£229,950	£218,000	-£11,950	27 Aug 2024	12 Dec 2024	107 Days
32 Baldwins Close, Royton, Oldham, Greater Manchester, OL2 5FG	£139,950	£138,500	-£1,450	01 Jul 2024	06 Dec 2024	158 Days
71 Pennine View, Royton, Oldham, Greater Manchester, OL2 6RT	£275,000	£269,000	-£6,000	19 Jul 2024	06 Dec 2024	140 Days
25 Clarence Street, Royton, Oldham, Greater Manchester, OL2 6LR	£179,950	£177,000	-£2,950	26 Jul 2024	04 Dec 2024	131 Days

Most Expensive Streets in OL2 (Oldham)

Postcode	Street	Area	Average	No. of Sales
OL2 5UX	Tandle Hill Road, Royton	Oldham	£584,100	10
OL2 8QA	Millbrook Close, Shaw	Oldham	£519,333	3
OL2 8NE	Harden Hills, Shaw	Oldham	£516,633	3
OL2 5RX	Thorncliffe Park, Royton	Oldham	£503,333	3
OL2 8PR	Clough, Shaw	Oldham	£472,500	4
OL2 5UY	Woodland Park, Royton	Oldham	£440,000	3
OL2 7JA	Rochdale Road, Shaw	Oldham	£391,642	7
OL2 7PW	Westdown Gardens, Shaw	Oldham	£389,983	3
OL2 5TQ	Wensleydale Close, Royton	Oldham	£384,333	3
OL2 6LQ	Greencroft Meadow, Royton	Oldham	£382,625	4

Least Expensive Streets in OL2 (Oldham)

Postcode	Street	Area	Average	No. of Sales
OL2 6AL	Crossley Street, Royton	Oldham	£86,000	3
OL2 6PA	Dale Square, Royton	Oldham	£97,666	3
OL2 7XF	Duchess Street, Shaw	Oldham	£103,300	3
OL2 5UF	Albert Street, Royton	Oldham	£110,216	9
OL2 8EN	Crossley Street, Shaw	Oldham	£112,150	3
OL2 8RW	Queen Street, Shaw	Oldham	£112,400	5
OL2 5LF	Church Street, Royton	Oldham	£112,500	3
OL2 7SB	Rochdale Road, Shaw	Oldham	£113,250	6
OL2 6DA	Shaw Road, Royton	Oldham	£113,500	3
OL2 8BH	Goats, Shaw	Oldham	£114,333	3