Key indicators for buyers
The OL4 market is moderately favourable for buyers. Prices have softened (-42.5%), which could present a buying opportunity. 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 £130,408 with a 25% deposit (£33k), a 2-year fixed mortgage at 3.97% costs around £515 per month.
Monthly cost comparison based on current data
Uses OL4 avg. price with Oldham rental data
Monthly mortgage payments (£515) are £384 less than renting (£899). However, buying requires an upfront deposit of £33k — it would take around 4 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
22, CLARKSFIELD STREET OL4 3AN | Semi-detached | £140,000 | 16 Jan 2026 |
107, REDGRAVE STREET OL4 2EA | Terraced | £129,040 | 9 Jan 2026 |
45, RIXSON STREET OL4 2NX | Terraced | £150,000 | 9 Jan 2026 |
19, ALBANY STREET OL4 2NT | Terraced | £110,000 | 8 Jan 2026 |
16, HUXLEY STREET OL4 5JX | Terraced | £123,000 | 6 Jan 2026 |
143, STAMFORD ROAD, LEES OL4 3NB | Terraced | £179,950 | 21 Dec 2025 |
9, SHEPLEY STREET, LEES OL4 4LT | Terraced | £143,000 |
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 OL4 sold for £130,408 in 2026, with a median of £129,040 across 5 transactions. Prices fell 42.5% compared to the previous year.
| 19 Dec 2025 |
6, MALTBY COURT OL4 5EB | Detached | £462,500 | 19 Dec 2025 |
1, SUN HILL, LEES OL4 3LA | Semi-detached | £350,000 | 19 Dec 2025 |
74, CRANBROOK STREET OL4 1PT | Terraced | £90,000 | 19 Dec 2025 |
17, STATION STREET, SPRINGHEAD OL4 4PQ | Terraced | £190,000 | 19 Dec 2025 |
38, WEST STREET, LEES OL4 5AT | Terraced | £159,000 | 18 Dec 2025 |
11, BRACKEN CLOSE, SPRINGHEAD OL4 4PB | Detached | £330,000 | 17 Dec 2025 |
12, PENDLE CLOSE OL4 5HL | Semi-detached | £183,000 | 17 Dec 2025 |
66, REDGRAVE STREET OL4 2DY | Terraced | £140,000 | 16 Dec 2025 |
7, STATION ROAD, GROTTON OL4 5SF | Other | £360,000 | 15 Dec 2025 |
7, STATION ROAD, GROTTON OL4 5SF | Other | £360,000 | 15 Dec 2025 |
5, ELM GROVE, GROTTON OL4 4LL | Semi-detached | £360,000 | 15 Dec 2025 |
7, STATION ROAD, GROTTON OL4 5SF | Semi-detached | £360,000 | 15 Dec 2025 |
29, NEW EARTH STREET OL4 5ES | Terraced | £123,000 | 15 Dec 2025 |
The most recent recorded sale in OL4 was a semi-detached property on Clarksfield Street for £140,000 in January 2026. Across the last 20 sales, the median price was £179,950.