Local market reports › OL area › OL4
Austerlands market report OL4, Oldham
The OL4 (Austerlands) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 20,021 sales recorded by HM Land Registry in OL4 (Oldham) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 174 registered 2026 sales put the OL4 (Oldham) median at £194,000, up 16% on five years earlier, with a mean of £221,800, and by floor area homes here have averaged about £2,420 per square metre over the last five years. Everything rests on 20,021 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
OL4 is a postcode district covering Austerlands, Grasscroft, Grotton in Oldham. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where OL4 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.
What buyers actually paid in OL4
Take the 174 registered 2026 sales in OL4 and the middle price, the median, is £194,000. The mean lands at £221,800, somewhat above it, as happens wherever a market carries an expensive tail.
OL4 prices by floor area
Per square metre, OL4 homes have averaged around £2,420 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.
For scale: the England and Wales median is £285,000, so OL4 trades 32% below the country as a whole.
A typical OL4 home, priced year by year (1995 to 2026)
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £194,000 | £194,000 | 174 |
| 2025 | £207,500 | £212,462 | 437 |
| 2024 | £190,000 | £202,009 | 419 |
| 2023 | £178,200 | £195,798 | 416 |
| 2022 | £175,000 | £205,207 | 562 |
| 2021 | £167,500 | £212,077 | 655 |
| 2020 | £147,500 | £191,384 | 502 |
| 2019 | £130,000 | £170,399 | 512 |
| 2018 | £119,000 | £158,629 | 535 |
| 2017 | £123,000 | £167,760 | 617 |
| 2016 | £124,500 | £174,177 | 544 |
| 2015 | £120,000 | £169,560 | 455 |
| 2014 | £117,500 | £166,694 | 529 |
| 2013 | £106,000 | £152,523 | 387 |
| 2012 | £100,000 | £147,188 | 350 |
| 2011 | £92,000 | £138,885 | 371 |
| 2010 | £100,000 | £156,826 | 388 |
| 2009 | £102,500 | £164,770 | 369 |
| 2008 | £105,000 | £172,117 | 485 |
| 2007 | £109,000 | £184,894 | 927 |
| 2006 | £105,000 | £182,267 | 952 |
| 2005 | £85,000 | £151,266 | 782 |
| 2004 | £71,600 | £130,040 | 1,046 |
| 2003 | £58,000 | £106,850 | 1,037 |
| 2002 | £51,000 | £95,956 | 1,005 |
| 2001 | £47,000 | £90,355 | 951 |
| 2000 | £45,000 | £88,313 | 870 |
| 1999 | £46,000 | £91,676 | 912 |
| 1998 | £43,000 | £86,799 | 821 |
| 1997 | £42,000 | £86,134 | 709 |
| 1996 | £38,000 | £80,140 | 730 |
| 1995 | £39,000 | £84,780 | 572 |
In cash terms the typical OL4 home went from £39,000 in 1995 to £194,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 129%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2025, and today's median remains roughly 9% under it: a 2025 buyer is still waiting to get that price back in today's money.
Year-on-year change in the OL4 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 2006 (+23.5% on the year before); the weakest, 2011 (−8.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −6.5% | −8.7% |
| 5 years (since 2021) | +3.0% | −1.8% |
| 10 years (since 2016) | +4.5% | +1.1% |
| 20 years (since 2006) | +3.1% | +0.3% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 57% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £382,500 against £146,500 for a flat, 2.6 times the price.
Median by property type, OL4
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 | £377,500 | 22 | 2,959 |
| Semi-detached | £223,000 | 47 | 5,234 |
| Terraced | £170,000 | 103 | 11,349 |
| Flats | £146,500 (2025) | – | 474 |
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.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
The register shows 368 OL4 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 946 sales a year before the financial crisis and 402 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.
Rents around OL4
OL4 falls under Oldham, where the ONS puts the average private rent at £917 a month (May 2026 figures). Size sets most of the rent: one-beds average £684 a month here against £1,416 for four or more bedrooms.
Average monthly rent by size, Oldham
ONS Price Index of Private Rents, May 2026.
Against the £194,000 median purchase price, a rent of £917 a month (£11,004 a year) works out at a 5.7% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on OL4 (Austerlands)
Are property prices falling in OL4 (Austerlands)?
Is OL4 (Austerlands) a good place to buy a house?
How much did a house sell for in OL4 (Austerlands)?
Will OL4 prices rise from here?
No honest page predicts prices, so this one sticks to the record: the median is up 16% over five years in cash but down 9% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
OL4's current homes for sale
Everything above is what homes in OL4 sold for. Turning to what is actually available: 41 homes on the market right now, from 4 agents publishing to HomesIndex, at a typical asking price 7% below the OL4 median sold price.
8% of what is on the market here is asking below what comparable homes actually sold for. 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 →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in OL
The Land Registry record, split by size: what each kind of home actually sold for across the OL area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
OL4 ranks 13 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 districts that gained and lost most in cash terms, each row linking through to its own report.
Inside OL4, 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 |
|---|---|---|
| OL4 1 | £125,000 | 21 |
| OL4 2 | £171,000 | 28 |
| OL4 3 | £195,000 | 43 |
| OL4 4 | £290,000 | 36 |
| OL4 5 | £190,000 | 46 |
How OL4 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 | £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 (this report) | £194,000 | +16% |
| OL6 | £192,500 | +23% |
| OL14 | £185,000 | +19% |
| OL1 | £180,000 | +40% |
| OL8 | £172,500 | +33% |
| OL13 | £171,800 | +15% |
Before you sell in OL4: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at OL4'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 OL4.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to OL4. Free after a one click sign in.
The live map plots every individual OL4 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator 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.