Local market reports › OL area › OL2
Heyside market report OL2, Oldham
The OL2 (Heyside) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 20,317 sales recorded by HM Land Registry in OL2 (Oldham) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for OL2 (Oldham) is £225,000, from 216 registered sales, up 25% on five years earlier; the mean is £239,200, and by floor area homes here have averaged about £2,660 per square metre over the last five years. Behind the figures sit 20,317 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
The postcode district OL2 covering Heyside, Royton, Shaw sits in Oldham. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where OL2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in OL2
Across 216 registered 2026 sales, the typical (median) OL2 home went for £225,000. The mean is £239,200, modestly above it, the usual shape of a market with an expensive tail.
What a square metre costs in OL2
Per square metre, OL2 homes have averaged around £2,660 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Set against the £285,000 England and Wales median, OL2 sits 21% below the national market.
OL2's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £225,000 | £225,000 | 216 |
| 2025 | £220,000 | £225,261 | 622 |
| 2024 | £210,000 | £223,273 | 618 |
| 2023 | £200,000 | £219,751 | 492 |
| 2022 | £195,000 | £228,660 | 618 |
| 2021 | £180,000 | £227,903 | 723 |
| 2020 | £160,000 | £207,603 | 526 |
| 2019 | £145,000 | £190,060 | 618 |
| 2018 | £135,000 | £179,958 | 609 |
| 2017 | £135,000 | £184,126 | 665 |
| 2016 | £140,000 | £195,861 | 631 |
| 2015 | £125,000 | £176,625 | 545 |
| 2014 | £120,000 | £170,241 | 499 |
| 2013 | £117,200 | £168,639 | 462 |
| 2012 | £115,000 | £169,266 | 321 |
| 2011 | £114,000 | £172,096 | 385 |
| 2010 | £115,000 | £180,350 | 410 |
| 2009 | £115,000 | £184,863 | 339 |
| 2008 | £129,000 | £211,458 | 549 |
| 2007 | £127,000 | £215,427 | 895 |
| 2006 | £123,000 | £213,512 | 974 |
| 2005 | £117,500 | £209,103 | 726 |
| 2004 | £105,000 | £190,701 | 771 |
| 2003 | £75,000 | £138,168 | 851 |
| 2002 | £66,000 | £124,178 | 934 |
| 2001 | £55,000 | £105,735 | 801 |
| 2000 | £53,000 | £104,013 | 763 |
| 1999 | £50,000 | £99,647 | 847 |
| 1998 | £48,800 | £98,506 | 775 |
| 1997 | £49,000 | £100,489 | 820 |
| 1996 | £45,000 | £94,903 | 696 |
| 1995 | £45,000 | £97,823 | 616 |
In cash terms the typical OL2 home went from £45,000 in 1995 to £225,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 130%: homes here genuinely became dearer, not merely more expensive on paper.
Year-on-year change in the OL2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2004 (+40.0% on the year before); the weakest, 2009 (−10.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What OL2 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +2.3% | −0.1% |
| 5 years (since 2021) | +4.6% | −0.3% |
| 10 years (since 2016) | +4.9% | +1.4% |
| 20 years (since 2006) | +3.1% | +0.3% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 41% of the typed total. A detached home currently trades at £355,000 against £147,500 for a flat, 2.4 times the price.
Median by property type, OL2
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £355,000 | 34 | 2,995 |
| Semi-detached | £240,000 | 91 | 8,212 |
| Terraced | £180,000 | 83 | 8,308 |
| Flats | £147,500 | 8 | 802 |
How many homes change hands in OL2
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Month by month, five years back
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
Over the last twelve months of data, 484 sales completed in OL2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 839 sales a year before the financial crisis and 513 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Rents around OL2
OL2 falls under Oldham, where the ONS puts the average private rent at £917 a month (May 2026 figures). The spread runs from £684 a month for a typical one-bed to £1,416 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Oldham
ONS Price Index of Private Rents, May 2026.
£917 a month is £11,004 a year, which against the £225,000 median sold price makes a gross yield of 4.9%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What kind of market OL2 is
Among the 16 measurable districts of its area, OL2 ranks 3 by median price: firmly in the dearer tier.
What people ask about OL2 (Heyside)
Is OL2 (Heyside) a good place to buy a house?
How much did a house sell for in OL2 (Heyside)?
Are property prices falling in OL2 (Heyside)?
Will OL2 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 25% over five years in cash and flat after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What you could buy in OL2 now
Everything above is what homes in OL2 sold for. Turning to what is actually available: 14 homes on the market right now, from 5 agents publishing to HomesIndex, at a typical asking price 47% below the OL2 median sold price.
Of everything listed here, 33% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every OL2 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: OL prices by size
Real sold prices by size across the OL area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £257,697 | £349,995 (+36%) | £495,000 (+41%) | £620,000 (+25%) |
| Semi-detached | £180,000 | £205,000 (+14%) | £251,000 (+22%) | £320,000 (+27%) | £375,000 (+17%) |
| Terraced | £135,000 | £149,000 (+10%) | £172,000 (+15%) | £212,500 (+24%) | £260,000 (+22%) |
| Flat | £120,000 | £145,000 (+21%) | £205,000 (+41%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
OL2 ranks 6 of 16 in the OL area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
OL area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside OL2, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| OL2 5 | £235,500 | 54 |
| OL2 6 | £228,500 | 62 |
| OL2 7 | £215,000 | 67 |
| OL2 8 | £195,000 | 33 |
How OL2 compares nearby
Same city, different markets. The neighbouring districts of the OL area, dearest first:
| District | Median | 5-year |
|---|---|---|
| OL3 | £295,000 | +2% |
| OL15 | £227,800 | +21% |
| OL2 (this report) | £225,000 | +25% |
| OL9 | £215,000 | +28% |
| OL11 | £210,000 | +24% |
| OL16 | £210,000 | +35% |
| OL7 | £201,200 | +34% |
| OL5 | £195,000 | +15% |
| OL10 | £195,000 | +23% |
| OL12 | £195,000 | +18% |
| OL4 | £194,000 | +16% |
| OL6 | £192,500 | +23% |
| OL14 | £185,000 | +19% |
| OL1 | £180,000 | +40% |
| OL8 | £172,500 | +33% |
| OL13 | £171,800 | +15% |
Selling a home in OL2? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at OL2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim OL2.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about OL2. Free, with a one click sign in.
See every individual OL2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.