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Property Price Trends
Lord St, Oldham, Oldham
OL1 3EY Oldham District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the OL1 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
OL1
Most Expensive Property
£500,000
60 64 George Street, OL1 1LS
Sold: 13 April 2023
Cheapest Property
£1,800
37 Goodwood Drive, OL1 4TB
Sold: 12 December 2023
£202,000
The average house price in Oldham was £202,000 in November 2024 (provisional), up 5.1% from November 2023. This was lower than the rise in the North West (5.7%) over the same period.
£803
Private rents rose to an average of £803 in December 2024, an annual increase of 10.1% from £729 in December 2023. This was higher than the rise in the North West (9.6%) over the year.
£183,000
The average price paid by first-time buyers was £183,000 in November 2024 (provisional). This was 5.5% higher than the average of £173,000 in November 2023 (revised).
£209,000
For homes bought with a mortgage, the average house price was £209,000 in November 2024 (provisional). This was 5.2% higher than the average of £198,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Oldham, E08000004). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in OL1 3EY?
The graph below shows the five-year capital growth figures for properties for the OL1 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in OL1 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Lancashire?
Homebuyers
For homebuyers in Lancashire, the property market is showing steady growth in house prices with an average price of £179,052 according to the latest data. Popular areas for homebuyers include Preston (PR1, PR2) and Lancaster (LA1, LA2) where house prices are rising at a slightly higher rate due to increased demand. Availability of homes remains relatively high in Lancashire, providing homebuyers with a variety of options to choose from. Investors looking to purchase property for buy-to-let purposes may find good opportunities in Blackburn (BB1, BB2) and Blackpool (FY1, FY2) where rental demand is strong.
Renters
Rent prices in Lancashire have been increasing steadily, with the average rent for a two-bedroom property now standing at £700 per month. Popular rental areas include Burnley (BB10, BB11) and Chorley (PR6, PR7) where rental stock is in high demand. Availability of rental properties remains relatively low in some areas, so renters may need to act quickly when a suitable property becomes available. Investors looking to purchase property for rental purposes may find good opportunities in Accrington (BB5) and Morecambe (LA4) where rental yields are favourable.
Investors
For investors in Lancashire, the property market offers good opportunities for high rental yields and capital growth. The average rental yield in Lancashire is currently at 4.5%, making it an attractive option for those looking to invest in buy-to-let properties. Popular areas for investors include Blackburn (BB2, BB3) and Blackpool (FY3, FY4) where rental demand is high and house prices are relatively affordable. Availability of rental properties in these areas is also good, providing investors with a range of options to choose from. Overall, the property market in Lancashire is showing positive trends for investors looking to capitalize on the rental market.
Homebuyers
For homebuyers in Lancashire, the property market is showing steady growth in house prices with an average price of £179,052 according to the latest data. Popular areas for homebuyers include Preston (PR1, PR2) and Lancaster (LA1, LA2) where house prices are rising at a slightly higher rate due to increased demand. Availability of homes remains relatively high in Lancashire, providing homebuyers with a variety of options to choose from. Investors looking to purchase property for buy-to-let purposes may find good opportunities in Blackburn (BB1, BB2) and Blackpool (FY1, FY2) where rental demand is strong.
Renters
Rent prices in Lancashire have been increasing steadily, with the average rent for a two-bedroom property now standing at £700 per month. Popular rental areas include Burnley (BB10, BB11) and Chorley (PR6, PR7) where rental stock is in high demand. Availability of rental properties remains relatively low in some areas, so renters may need to act quickly when a suitable property becomes available. Investors looking to purchase property for rental purposes may find good opportunities in Accrington (BB5) and Morecambe (LA4) where rental yields are favourable.
Investors
For investors in Lancashire, the property market offers good opportunities for high rental yields and capital growth. The average rental yield in Lancashire is currently at 4.5%, making it an attractive option for those looking to invest in buy-to-let properties. Popular areas for investors include Blackburn (BB2, BB3) and Blackpool (FY3, FY4) where rental demand is high and house prices are relatively affordable. Availability of rental properties in these areas is also good, providing investors with a range of options to choose from. Overall, the property market in Lancashire is showing positive trends for investors looking to capitalize on the rental market.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for OL1 3EY
Estimated yield for property investors
8.76%
Yield
The estimated yield for the OL1 3EY postcode area is 8.76%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in OL1 3EY?
The recently sold properties table lists homes around OL1 3EY that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 14 February 2024 | £112,000 | 12 Rivington Street, Oldham, OL1 3EW | Terraced | Leasehold |
| 31 January 2024 | £100,000 | 128 Bower Street, Oldham, OL1 3PH | Terraced | Leasehold |
| 27 October 2023 | £135,000 | 66 Fisher Street, Oldham, OL1 3RJ | Terraced | Leasehold |
Nearby sold properties | ||||
| 13 April 2023 | £500,000 | 60 64 George Street, Oldham, OL1 1LS | Other | Freehold |
| 09 February 2024 | £75,000 | 43 Ramsden Street, Oldham, OL1 1TU | Flat/Maisonette | Leasehold |
| 27 October 2023 | £191,500 | 36 Sheepfoot Lane, Oldham, OL1 2PD | Semi-Detached | Leasehold |
| 30 November 2023 | £120,000 | 12 Wakefield Street, Chadderton, Oldham, OL1 2PP | Terraced | Leasehold |
| 07 September 2018 | £100,000 | 26 Ashdene Close, Chadderton, Oldham, OL1 2QG | Terraced | Leasehold |
| 06 July 2023 | £500,000 | 80 Haigh Lane, Chadderton, Oldham, OL1 2TL | Detached | Leasehold |
| 23 February 2024 | £148,000 | 17 Bottomfield Close, Oldham, OL1 4AT | Semi-Detached | Leasehold |
| 03 November 2023 | £152,250 | 31 Bottomfield Close, Oldham, OL1 4AT | Semi-Detached | Leasehold |
| 13 February 2023 | £101,000 | Waverley Court Apartment 1 Waverley Street, Oldham, OL1 4GA | Flat/Maisonette | Leasehold |
| 15 December 2023 | £122,000 | 23 Prince George Street, Oldham, OL1 4HW | Terraced | Leasehold |
| 05 March 2024 | £92,500 | 411 Ripponden Road, Oldham, OL1 4JN | Terraced | Leasehold |
| 05 March 2024 | £147,000 | 411 Ripponden Road, Oldham, OL1 4JN | Terraced | Leasehold |
| 16 February 2024 | £181,000 | 3 Lark Street, Oldham, OL1 4JT | Semi-Detached | Leasehold |
| 01 December 2023 | £110,000 | 69 Stoneleigh Street, Oldham, OL1 4LE | Terraced | Freehold |
| 30 January 2024 | £140,000 | 105 Vulcan Street, Oldham, OL1 4LQ | Terraced | Leasehold |
| 08 March 2024 | £120,000 | 5 Bronte Close, Oldham, OL1 4RW | Terraced | Freehold |
| 08 March 2024 | £117,000 | 26 Grafton Street, Oldham, OL1 4SD | Terraced | Freehold |
| 14 December 2023 | £84,000 | 737 Ripponden Road, Oldham, OL1 4SG | Terraced | Leasehold |
| 20 December 2022 | £2,100 | 20 Goodwood Drive, Oldham, OL1 4TB | Other | Freehold |
| 12 December 2023 | £1,800 | 37 Goodwood Drive, Oldham, OL1 4TB | Other | Freehold |
Please note that house prices for properties sold in and around OL1 3EY during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
