Key indicators for buyers
The OL1 market is moderately favourable for buyers. Prices are rising at 26.5%, which may favour acting sooner rather than later. Rising rents (£899/mo, +10.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Oldham area
A home in Oldham costs 6.1x the local median salary — moderate, improving from a peak of 6.3x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Oldham area
Average monthly rent in Oldham is £899, up 10.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Oldham price of £255,833 with a 25% deposit (£64k), a 2-year fixed mortgage at 3.97% costs around £1,010 per month.
Monthly cost comparison based on current data
Uses OL1 avg. price with Oldham rental data
Monthly mortgage payments (£1,010) are £111 more than renting (£899). However, buying requires an upfront deposit of £64k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
10, WAVERLEY STREET OL1 4HB | Terraced | £110,000 | 23 Jan 2026 |
170, BURNLEY LANE, CHADDERTON OL1 2QQ | Terraced | £60,000 | 23 Jan 2026 |
87, HODGE CLOUGH ROAD OL1 4PX | Semi-detached | £150,000 | 16 Jan 2026 |
4, KILN HILL CLOSE, CHADDERTON OL1 2RF | Detached | £800,000 | 9 Jan 2026 |
CHADDERTON HALL FARM, CHADDERTON HALL ROAD, CHADDERTON OL1 2RJ | Other | £350,000 | 9 Jan 2026 |
UNIT A 1, SPENCER HOUSE, SPENCER STREET OL1 3QF | Other | £65,000 | 9 Jan 2026 |
46, WHITEHALL STREET OL1 3PS |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in OL1 sold for £255,833 in 2026, with a median of £130,000 across 6 transactions. Prices rose 26.5% compared to the previous year.
| Terraced |
| £208,000 |
| 19 Dec 2025 |
12, MELLODEW DRIVE OL1 4QE | Semi-detached | £240,000 | 18 Dec 2025 |
13, REDVERS STREET OL1 2EE | Terraced | £130,000 | 18 Dec 2025 |
9, HOPKIN AVENUE OL1 4DX | Terraced | £181,000 | 15 Dec 2025 |
2, GOYA RISE OL1 4PT | Semi-detached | £142,000 | 12 Dec 2025 |
19, JOWETT STREET OL1 4JQ | Terraced | £168,000 | 9 Dec 2025 |
12, AVERON RISE OL1 4NX | Semi-detached | £245,500 | 5 Dec 2025 |
3, KEATS ROAD OL1 4LR | Semi-detached | £125,000 | 5 Dec 2025 |
135, UNION STREET OL1 1TE | Other | £180,000 | 5 Dec 2025 |
10, CHEPSTOW DRIVE OL1 4TF | Semi-detached | £200,000 | 5 Dec 2025 |
26, HAYLE ROAD OL1 4NW | Semi-detached | £215,000 | 1 Dec 2025 |
22, WATERS EDGE FOLD OL1 4QJ | Semi-detached | £193,000 | 28 Nov 2025 |
625A, RIPPONDEN ROAD OL1 4JU | Terraced | £182,000 | 28 Nov 2025 |
15, OLD BANK VIEW OL1 4QF | Semi-detached | £290,000 | 28 Nov 2025 |
The most recent recorded sale in OL1 was a terraced property on Waverley Street for £110,000 in January 2026. Across the last 20 sales, the median price was £182,000.