Oldham House Prices Oldham House Prices

The average house price in Oldham is £169,593 using HM Land Registry data.

The average property price increased by £54,934 (46.1%) over the last 5 years and increased by £11,007 (6.75%) over the last 12 months.

Over the last year, there were 495 residential property sales – a decrease of 172 transactions (-34.75%) relative to the previous year. The majority of house sales (128) were in the £122,000 - £154,000 range. Then came properties in the £90,000 - £122,000 range, where 105 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 108 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,593 (-2%).

In Dec 24, there were 42 new estate agency instructions, 51 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in Oldham

46.1%

Property prices in Oldham increased by 46.1% 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 Oldham Over the Last Year

6.75%

Property prices in Oldham increased by 6.75% 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 Oldham - Dec 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 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 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 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 Oldham since 1995

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

Recent Property Sales in Oldham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Ralstone Avenue, Oldham, Greater Manchester, OL8 1LY£145,000£145,000£0009 Jul 202415 Nov 2024129 Days
15 Hilary Avenue, Oldham, Greater Manchester, OL8 2TD£250,000£230,000-£20,00021 Sep 202312 Nov 2024418 Days
7 Burns Close, Oldham, Greater Manchester, OL1 4RE£240,000£230,000-£10,00025 Oct 202301 Nov 2024373 Days
11 Randolph Street, Oldham, Greater Manchester, OL8 3SR£160,000£160,000£0001 Jun 202401 Nov 2024153 Days
77 Lowside Drive, Oldham, Greater Manchester, OL4 1AS£240,000£227,500-£12,50005 Jun 202430 Oct 2024147 Days
8 Margrove Close, Failsworth, Manchester, Greater Manchester, M35 9XQ£440,000£435,000-£5,00030 May 202429 Oct 2024152 Days
10 Manor Farm Rise, Oldham, Greater Manchester, OL4 3HF£210,000£200,000-£10,00004 Jul 202428 Oct 2024116 Days
237 Windsor Road, Oldham, Greater Manchester, OL8 1AE£199,950£165,000-£34,95022 Mar 202428 Oct 2024220 Days
34 Keb Lane, Oldham, Greater Manchester, OL8 2TE£175,000£170,000-£5,00014 Jun 202428 Oct 2024136 Days
315 Ripponden Road, Oldham, Greater Manchester, OL1 4JJ£120,000£116,000-£4,00020 May 202425 Oct 2024158 Days
19 Whinberry Way, Oldham, Greater Manchester, OL4 2NN£285,000£280,000-£5,00016 Mar 202425 Oct 2024223 Days
184 Ripponden Road, Oldham, Greater Manchester, OL4 2RU£150,000£150,000£0005 Aug 202422 Oct 202478 Days
16 Paulden Avenue, Oldham, Greater Manchester, OL4 2JA£150,000£148,000-£2,00016 Jul 202417 Oct 202493 Days
882 Ashton Road, Oldham, Greater Manchester, OL8 3HT£130,000£130,000£0019 Jun 202414 Oct 2024117 Days
3 Hillside Avenue, Oldham, Greater Manchester, OL4 1LQ£135,000£135,000£0027 Aug 202411 Oct 202445 Days
16 Ferndale Close, Oldham, Greater Manchester, OL4 5NL£285,000£280,000-£5,00028 Feb 202411 Oct 2024226 Days
22 Swansea Street, Oldham, Greater Manchester, OL8 2JA£140,000£135,000-£5,00019 Jul 202411 Oct 202484 Days
5 York Avenue, Oldham, Greater Manchester, OL8 4BY£270,000£260,000-£10,00013 Feb 202407 Oct 2024237 Days
27 Green Lane, Oldham, Greater Manchester, OL8 3AY£199,995£191,000-£8,99516 Jan 202404 Oct 2024262 Days
16 Lower Dingle, Oldham, Greater Manchester, OL1 4PB£215,000£215,000£0031 May 202413 Sep 2024105 Days

Most Expensive Streets in Oldham

PostcodeStreetAreaAverageNo. of Sales
OL8 1RENewport StreetOldham£396,6663
M35 9UJLangton CloseFailsworth£395,0003
OL4 2JPMoordale AvenueOldham£394,9905
M35 9XDNew Oak CloseFailsworth£393,3333
M35 9XEYewdale DriveFailsworth£356,6663
OL4 2LPRipponden RoadOldham£350,0004
OL8 3WEHowardian CloseOldham£342,0003
OL4 2QNSpinners WayOldham£340,0005
OL4 2AYCelandine CloseOldham£339,46517
OL4 2PXCounthill RoadOldham£338,9967

Least Expensive Streets in Oldham

PostcodeStreetAreaAverageNo. of Sales
OL1 1TDUnion StreetOldham£48,6663
OL8 1BUCheviot CourtPellowe Road£54,5004
OL8 3EYAlton StreetOldham£56,50012
OL1 2HWTrafalgar StreetOldham£64,0003
OL4 1REAbbeyhills RoadOldham£66,8005
OL9 6BEColwyn StreetOldham£67,0005
OL8 3EXHathershaw LaneOldham£67,4005
OL4 5JYFulham StreetOldham£67,8754
OL4 5LEAspull StreetOldham£67,9833
OL8 1QSPort StreetOldham£68,0007

Explore Oldham and Neighbouring Area House Prices