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Uppermill House Prices Uppermill House Prices

The average house price in Uppermill is £364,500 using HM Land Registry data.

The average property price increased by £106,498 (38.1%) over the last 5 years and increased by £21,285 (5.84%) over the last 12 months.

Over the last year, there were 134 residential property sales – a decrease of 102 transactions (-76.12%) relative to the previous year. The majority of house sales (43) were in the £160,000 - £254,000 range. Then came properties in the £348,000 - £442,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,023 (-2%).

In April 2024, there were 26 new estate agency instructions, 17 agreed home sales and 11 property price reductions.

Neighbouring Areas: Mossley

Postcodes Covered: OL3, OL4

5-Year Average Property Prices in Uppermill

38.1%

Property prices in Uppermill increased by 38.1% 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 Uppermill Over the Last Year

5.84%

Property prices in Uppermill increased by 5.84% 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 Uppermill - April 2024

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 Uppermill

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 Uppermill

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 Uppermill

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 Uppermill since 1995

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

Recent Property Sales in Uppermill

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
40 Springmeadow Lane, Uppermill, Oldham, Greater Manchester, OL3 6HL£475,000£455,000-£20,00012 Dec 202325 Mar 2024104 Days
87 Chew Valley Road, Greenfield, Oldham, Greater Manchester, OL3 7JJ£220,000£218,000-£2,00027 Oct 202308 Mar 2024133 Days
6 St Annes Crescent, Grasscroft, Oldham, Greater Manchester, OL4 4JH£425,000£425,000£0006 Oct 202316 Feb 2024133 Days
44b, Manchester Road, Greenfield, Oldham, Greater Manchester, OL3 7HQ£184,950£175,000-£9,95026 Apr 202326 Jan 2024275 Days
Apartment 48, The Wharf, Wool Road, Dobcross, Oldham, Greater Manchester, OL3 5QR£172,500£168,000-£4,50028 Sep 202319 Dec 202382 Days
3 Manor Close, Grasscroft, Oldham, Greater Manchester, OL4 4HR£635,000£630,000-£5,00012 Apr 202305 Dec 2023237 Days
22 Beech Avenue, Greenfield, Oldham, Greater Manchester, OL3 7AP£260,000£245,000-£15,00012 Jul 202328 Nov 2023139 Days
20 Moor Crescent, Diggle, Oldham, Greater Manchester, OL3 5NZ£295,000£294,000-£1,00010 Jul 202327 Nov 2023140 Days
Flat 2, Moordale, Heathfields Square, Uppermill, Oldham, Greater Manchester, OL3 6EX£185,000£182,500-£2,50020 May 202320 Nov 2023184 Days
12 Oaklands Park, Grasscroft, Oldham, Greater Manchester, OL4 4JY£785,000£780,000-£5,00015 Aug 202317 Nov 202394 Days
12 Lee Street, Uppermill, Oldham, Greater Manchester, OL3 6AE£225,000£210,000-£15,00017 Jul 202317 Nov 2023123 Days
7 Low Grove Lane, Greenfield, Oldham, Greater Manchester, OL3 7LA£675,000£660,000-£15,00008 Jun 202317 Nov 2023162 Days
1 Village Green, Uppermill, Oldham, Greater Manchester, OL3 6AL£235,000£233,000-£2,00021 Jun 202309 Nov 2023141 Days
2 The Park, Grasscroft, Oldham, Greater Manchester, OL4 4ES£795,000£770,000-£25,00010 May 202303 Nov 2023177 Days
54 Springmeadow Lane, Uppermill, Oldham, Greater Manchester, OL3 6HH£400,000£377,500-£22,50020 Jun 202331 Oct 2023133 Days
37 Beechfield, Grasscroft, Oldham, Greater Manchester, OL4 4EL£429,950£429,950£0008 Sep 202327 Oct 202349 Days
18 Hopkinson Close, Uppermill, Oldham, Greater Manchester, OL3 6BB£375,000£375,000£0012 Jun 202327 Oct 2023137 Days
34 Wellmeadow Lane, Uppermill, Oldham, Greater Manchester, OL3 6DX£349,995£340,000-£9,99509 Jun 202323 Oct 2023136 Days
24 Oldham Road, Uppermill, Oldham, Greater Manchester, OL3 6HY£300,000£295,000-£5,00010 Oct 202220 Oct 2023375 Days
6 Shaw Hall Bank Road, Greenfield, Oldham, Greater Manchester, OL3 7LD£219,950£217,500-£2,45027 Jul 202320 Oct 202385 Days

Most Expensive Streets in Uppermill

PostcodeStreetAreaAverageNo. of Sales
OL4 4EQOaklands RoadGrasscroft£1,036,6663
OL3 5NRStandedge RoadDobcross£984,8003
OL4 4ESThe ParkGrasscroft£724,0624
OL4 4HUOldham RoadGrasscroft£672,2666
OL4 4JYOaklands ParkGrasscroft£668,3333
OL3 7FZThornley RiseGreenfield£645,0003
OL3 6BXRyefields DriveUppermill£638,3333
OL3 7LALow Grove LaneGreenfield£600,0005
OL3 6JERush Hill RoadUppermill£590,0003
OL4 4EPBeech LaneGrasscroft£556,2504

Least Expensive Streets in Uppermill

PostcodeStreetAreaAverageNo. of Sales
OL3 7JZShaw Hall Bank RoadGreenfield£87,3005
OL4 4JZFelltop CourtStockport Road£148,3333
OL3 6BEOutram MewsUppermill£152,6619
OL3 5QRThe WharfWool Road£154,63315
OL3 6ALVillage GreenUppermill£168,88413
OL3 7FRSpring GroveGreenfield£169,6254
OL3 6HUGlengarthUppermill£174,7504
OL3 6ASVillage ManorHigh Street, Uppermill£181,25010
OL3 6FLWarburton CourtHigh Street, Uppermill£193,44418
OL3 7JPPrimrose BankGreenfield£194,0003

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