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Austerlands market report OL4 5, Oldham
The OL4 5 (Austerlands) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 4,418 sales registered with HM Land Registry in OL4 5 (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.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in OL4 5 (Oldham) came in at £190,000, out of 46 registered, up 23% on five years earlier, and the mean stands at £212,900, and by floor area homes here have averaged about £2,390 per square metre over the last five years. The record behind it is 4,418 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
OL4 5 is a postcode sector: one group of streets inside OL4 (Oldham). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where OL4 5 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.
OL4 5 sold prices: where the market stands
Across 46 registered 2026 sales, the typical (median) OL4 5 home went for £190,000. The mean is £212,900, a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in OL4 5
By floor space, homes in OL4 5 have sold for about £2,390 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
The national median for England and Wales is £285,000, which puts OL4 5 33% below the country at large.
The price of a typical OL4 5 home, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £190,000 | £190,000 | 46 |
| 2025 | £193,700 | £198,332 | 102 |
| 2024 | £167,000 | £177,555 | 102 |
| 2023 | £150,000 | £164,813 | 86 |
| 2022 | £163,000 | £191,136 | 126 |
| 2021 | £154,000 | £194,984 | 174 |
| 2020 | £125,000 | £162,190 | 103 |
| 2019 | £116,000 | £152,048 | 121 |
| 2018 | £105,000 | £139,967 | 119 |
| 2017 | £104,000 | £141,846 | 129 |
| 2016 | £105,000 | £146,896 | 124 |
| 2015 | £108,800 | £153,734 | 94 |
| 2014 | £104,000 | £147,542 | 124 |
| 2013 | £88,000 | £126,623 | 91 |
| 2012 | £87,000 | £128,053 | 69 |
| 2011 | £92,000 | £138,885 | 79 |
| 2010 | £101,000 | £158,394 | 82 |
| 2009 | £103,800 | £166,859 | 76 |
| 2008 | £105,000 | £172,117 | 100 |
| 2007 | £103,000 | £174,717 | 213 |
| 2006 | £100,000 | £173,587 | 229 |
| 2005 | £85,000 | £151,266 | 177 |
| 2004 | £77,000 | £139,847 | 243 |
| 2003 | £67,500 | £124,351 | 252 |
| 2002 | £52,000 | £97,838 | 223 |
| 2001 | £46,000 | £88,433 | 186 |
| 2000 | £42,200 | £82,818 | 186 |
| 1999 | £43,000 | £85,697 | 191 |
| 1998 | £44,400 | £89,625 | 198 |
| 1997 | £41,900 | £85,928 | 130 |
| 1996 | £39,000 | £82,249 | 121 |
| 1995 | £39,800 | £86,519 | 122 |
In cash terms the typical OL4 5 home went from £39,800 in 1995 to £190,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 120%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2025. The market now sits about 4% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the OL4 5 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 2003 (+29.8% on the year before); the weakest, 2011 (−8.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −1.9% | −4.2% |
| 5 years (since 2021) | +4.3% | −0.5% |
| 10 years (since 2016) | +6.1% | +2.6% |
| 20 years (since 2006) | +3.3% | +0.5% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 46 sales completed in OL4 5. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 214 sales a year before the financial crisis and 92 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What kind of market OL4 5 is
Only 46 sales completed here in the last twelve months of data, which makes OL4 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
Rents around OL4 5
The local authority for OL4 5 is Oldham, and its ONS average private rent currently stands 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.
Set against the £190,000 median sold price, £917 a month is £11,004 a year, a gross yield of 5.8%: 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.
What people ask about OL4 5 (Austerlands)
Are property prices falling in OL4 5 (Austerlands)?
Is OL4 5 (Austerlands) a good place to buy a house?
How much did a house sell for in OL4 5 (Austerlands)?
What happens to OL4 5 prices now?
Prediction is not this page's business. Its business is the record, which says: the median is up 23% over five years in cash but down 3% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
OL4's current homes for sale
This is what you could actually buy today: 41 homes currently on the market from 4 agents publishing to HomesIndex.
These cover the whole OL4 district, not just OL4 5: live asking prices are collected per district.
Of everything listed here, 8% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- Booth Street, Lees, Oldham, Oldham
- The Woods, Grotton, Saddleworth, OL4, Saddleworth
- Stoneleigh Road, Saddleworth, OL4, Saddleworth
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every OL4 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
What another bedroom costs in OL
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. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the OL area is the point: the same five years treated these districts very differently.
Five-year change in the median, OL area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in OL4
Sector boundaries hide real price steps. The rest of OL4, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| OL4 1 | £125,000 | 21 |
| OL4 2 | £171,000 | 28 |
| OL4 3 | £195,000 | 43 |
| OL4 4 | £290,000 | 36 |
Zoom out to the full OL4 district report for the type split, monthly volumes and how OL4 compares with its neighbours.
Selling a home in OL4 5? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in OL4 5, use the average prices map for a rough value: zoom from OL4 5's shading down to the sold homes on your own street. The figures above are every recorded OL4 5 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working OL4 5: the featured spot on this report is free for founding agents, one per district. Claim OL4 5.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about OL4 5. Free, with a one click sign in.
See every individual OL4 5 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.