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OL2 local market report Oldham

Every figure on this page comes from the public record: 21,567 sales registered with HM Land Registry in OL2 (Oldham) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

OL2 is the postcode district covering Heyside, Royton, Shaw in Oldham. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where OL2 sits

Click the map to open OL2 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

OL16OL8OL9OL4M24OL11OL10M9OL3M25BL9HD7M45OL2
£205,000median sold price, 2026
+21%five-year change (cash)
548sales in the last 12 months
5.4%gross rental yield (est.)

What a home in OL2 sells for

The 2026 median in OL2 is £205,000, from 147 registered sales; the mean, £222,700, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so OL2 trades 25% below the country as a whole.

The price of a typical OL2 home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£63k£125k£188k£250k1995200020052010201520202026 1995: £45,000 at the time · £95,538 in today's money · 616 sales1996: £45,000 at the time · £92,687 in today's money · 696 sales1997: £49,000 at the time · £98,142 in today's money · 821 sales1998: £48,800 at the time · £96,206 in today's money · 775 sales1999: £50,000 at the time · £97,320 in today's money · 847 sales2000: £53,000 at the time · £101,583 in today's money · 763 sales2001: £55,000 at the time · £103,265 in today's money · 801 sales2002: £66,000 at the time · £121,278 in today's money · 934 sales2003: £75,000 at the time · £134,941 in today's money · 851 sales2004: £105,000 at the time · £186,247 in today's money · 771 sales2005: £117,500 at the time · £204,219 in today's money · 726 sales2006: £123,000 at the time · £208,526 in today's money · 974 sales2007: £127,000 at the time · £210,396 in today's money · 895 sales2008: £129,000 at the time · £206,520 in today's money · 549 sales2009: £115,000 at the time · £180,546 in today's money · 339 sales2010: £115,000 at the time · £176,138 in today's money · 411 sales2011: £114,000 at the time · £168,077 in today's money · 385 sales2012: £115,000 at the time · £165,313 in today's money · 321 sales2013: £115,000 at the time · £161,609 in today's money · 473 sales2014: £118,000 at the time · £163,494 in today's money · 563 sales2015: £124,000 at the time · £171,120 in today's money · 607 sales2016: £136,500 at the time · £186,505 in today's money · 709 sales2017: £130,200 at the time · £173,432 in today's money · 770 sales2018: £130,000 at the time · £169,245 in today's money · 713 sales2019: £136,000 at the time · £174,100 in today's money · 735 sales2020: £151,500 at the time · £191,983 in today's money · 628 sales2021: £170,000 at the time · £210,215 in today's money · 858 sales2022: £180,000 at the time · £206,141 in today's money · 779 sales2023: £185,000 at the time · £198,523 in today's money · 629 sales2024: £198,000 at the time · £205,598 in today's money · 763 sales2025: £210,000 at the time · £210,000 in today's money · 718 sales2026: £205,000 at the time · £205,000 in today's money · 147 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£205,000£205,000147
2025£210,000£210,000718
2024£198,000£205,598763
2023£185,000£198,523629
2022£180,000£206,141779
2021£170,000£210,215858
2020£151,500£191,983628
2019£136,000£174,100735
2018£130,000£169,245713
2017£130,200£173,432770
2016£136,500£186,505709
2015£124,000£171,120607
2014£118,000£163,494563
2013£115,000£161,609473
2012£115,000£165,313321
2011£114,000£168,077385
2010£115,000£176,138411
2009£115,000£180,546339
2008£129,000£206,520549
2007£127,000£210,396895
2006£123,000£208,526974
2005£117,500£204,219726
2004£105,000£186,247771
2003£75,000£134,941851
2002£66,000£121,278934
2001£55,000£103,265801
2000£53,000£101,583763
1999£50,000£97,320847
1998£48,800£96,206775
1997£49,000£98,142821
1996£45,000£92,687696
1995£45,000£95,538616

In cash terms the typical OL2 home went from £45,000 in 1995 to £205,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 115%: homes here genuinely became dearer, not just 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.

+50% -50% 0% 1996 · +0.0% on the year before1997 · +8.9% on the year before1998 · −0.4% on the year before1999 · +2.5% on the year before2000 · +6.0% on the year before2001 · +3.8% on the year before2002 · +20.0% on the year before2003 · +13.6% on the year before2004 · +40.0% on the year before2005 · +11.9% on the year before2006 · +4.7% on the year before2007 · +3.3% on the year before2008 · +1.6% on the year before2009 · −10.9% on the year before2010 · +0.0% on the year before2011 · −0.9% on the year before2012 · +0.9% on the year before2013 · +0.0% on the year before2014 · +2.6% on the year before2015 · +5.1% on the year before2016 · +10.1% on the year before2017 · −4.6% on the year before2018 · −0.2% on the year before2019 · +4.6% on the year before2020 · +11.4% on the year before2021 · +12.2% on the year before2022 · +5.9% on the year before2023 · +2.8% on the year before2024 · +7.0% on the year before2025 · +6.1% on the year before2026 · −2.4% on the year before200020052010201520202026

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.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−2.4%−2.4%
5 years (since 2021)+3.8%−0.5%
10 years (since 2016)+4.2%+1.0%
20 years (since 2006)+2.6%−0.1%

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.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

5001,000 1995: 616 sales1996: 696 sales1997: 821 sales1998: 775 sales1999: 847 sales2000: 763 sales2001: 801 sales2002: 934 sales2003: 851 sales2004: 771 sales2005: 726 sales2006: 974 sales2007: 895 sales2008: 549 sales2009: 339 sales2010: 411 sales2011: 385 sales2012: 321 sales2013: 473 sales2014: 563 sales2015: 607 sales2016: 709 sales2017: 770 sales2018: 713 sales2019: 735 sales2020: 628 sales2021: 858 sales2022: 779 sales2023: 629 sales2024: 763 sales2025: 718 sales2026: 147 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

100200 June 2021 · 87 sales registeredJuly 2021 · 76 sales registeredAugust 2021 · 63 sales registeredSeptember 2021 · 91 sales registeredOctober 2021 · 72 sales registeredNovember 2021 · 66 sales registeredDecember 2021 · 66 sales registeredJanuary 2022 · 51 sales registeredFebruary 2022 · 65 sales registeredMarch 2022 · 67 sales registeredApril 2022 · 67 sales registeredMay 2022 · 58 sales registeredJune 2022 · 75 sales registeredJuly 2022 · 64 sales registeredAugust 2022 · 64 sales registeredSeptember 2022 · 80 sales registeredOctober 2022 · 64 sales registeredNovember 2022 · 69 sales registeredDecember 2022 · 55 sales registeredJanuary 2023 · 61 sales registeredFebruary 2023 · 49 sales registeredMarch 2023 · 53 sales registeredApril 2023 · 38 sales registeredMay 2023 · 56 sales registeredJune 2023 · 65 sales registeredJuly 2023 · 43 sales registeredAugust 2023 · 47 sales registeredSeptember 2023 · 56 sales registeredOctober 2023 · 47 sales registeredNovember 2023 · 43 sales registeredDecember 2023 · 71 sales registeredJanuary 2024 · 49 sales registeredFebruary 2024 · 50 sales registeredMarch 2024 · 66 sales registeredApril 2024 · 58 sales registeredMay 2024 · 54 sales registeredJune 2024 · 68 sales registeredJuly 2024 · 65 sales registeredAugust 2024 · 69 sales registeredSeptember 2024 · 60 sales registeredOctober 2024 · 84 sales registeredNovember 2024 · 81 sales registeredDecember 2024 · 59 sales registeredJanuary 2025 · 54 sales registeredFebruary 2025 · 78 sales registeredMarch 2025 · 110 sales registeredApril 2025 · 33 sales registeredMay 2025 · 42 sales registeredJune 2025 · 59 sales registeredJuly 2025 · 45 sales registeredAugust 2025 · 73 sales registeredSeptember 2025 · 59 sales registeredOctober 2025 · 52 sales registeredNovember 2025 · 61 sales registeredDecember 2025 · 52 sales registeredJanuary 2026 · 36 sales registeredFebruary 2026 · 36 sales registeredMarch 2026 · 43 sales registeredApril 2026 · 24 sales registeredMay 2026 · 8 sales registered

OL2 recorded 548 sales in the last twelve months of data. 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 607 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around OL2

OL2 falls under Oldham, where the ONS puts the average private rent at £917 a month (May 2026 figures). A one-bed averages £684 a month here and a four-or-more-bed £1,416, so size does most of the work in setting the rent.

Average monthly rent by size, Oldham

ONS Price Index of Private Rents, May 2026.

1 bed: £684 a month£6841 bed2 bed: £855 a month£8552 bed3 bed: £1,037 a month£1,0373 bed4+ bed: £1,416 a month£1,4164+ bed

Set against the £205,000 median sold price, £917 a month is £11,004 a year, a gross yield of 5.4%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will OL2 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 21% over five years in cash and flat after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

OL2 ranks 9 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.

Five-year change in the median, OL area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

OL8OL8 · +39% over five years · median £159,500+39%OL16OL16 · +36% over five years · median £197,800+36%OL9OL9 · +34% over five years · median £215,000+34%OL1OL1 · +28% over five years · median £160,000+28%OL7OL7 · +28% over five years · median £179,000+28%OL2OL2 · +21% over five years · median £205,000+21%OL10OL10 · +17% over five years · median £166,500+17%OL12OL12 · +16% over five years · median £180,000+16%OL13OL13 · +16% over five years · median £156,000+16%OL6OL6 · +12% over five years · median £165,500+12%OL3OL3 · −2% over five years · median £280,000−2%

Inside OL2, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
OL2 5£228,00037
OL2 6£208,80046
OL2 7£185,50040
OL2 8£187,50024

How OL2 compares nearby

Same city, different markets. The neighbouring districts of the OL area, dearest first:

DistrictMedian5-year
OL3£280,000-2%
OL15£220,000+22%
OL9£215,000+34%
OL2 (this report)£205,000+21%
OL16£197,800+36%
OL5£195,000+18%
OL11£190,000+24%
OL4£185,500+19%
OL14£185,000+23%
OL12£180,000+16%
OL7£179,000+28%
OL10£166,500+17%
OL6£165,500+12%
OL1£160,000+28%
OL8£159,500+39%
OL13£156,000+16%

Dig further

See every individual OL2 sale on the live map, mapped to the exact address, or the quick-reference OL2 price page. 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.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.