Housing Market Analysis for SCHOLES DRIVE, M40 3RX

Are you looking to understand M40 3RX house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Oldham postcode.

For the location information and nearby amenities in the M40 3RX area, explore the M40 3RX Area information page.
For comprehensive crime statistics in the M40 3RX area, explore the M40 3RX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the M40 3RX postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £114,541 median price is £116,750 Standard Deviation is £54,088 with Total Sold: 32
- The Last 5 Year average price is £169,625 with Total Sold: 8
- The most recent sale happened at this postcode is 49 SCHOLES DRIVE: £144,000 (Sold on 26 Feb 2024)
- The first recorded sale happened at this postcode is 5 SCHOLES DRIVE: £175,000 (Sold on 05 Jan 2024)
Terraced
- The average price is around £106,662 median price is £129,825 Standard Deviation is £50,079 with Total Sold: 4
- The most recent sale happened at this postcode is 31 SCHOLES DRIVE: £142,500 (Sold on 05 Oct 2018)
- The first recorded sale happened at this postcode is 31 SCHOLES DRIVE: £22,000 (Sold on 03 Mar 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average M40 3RX house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£159,500	£1,923	2
2023	£207,000	£1,832	1
2022	£260,000	£3,714	1
2021	£170,000	£2,394	1
2020	£170,000	£1,667	1
2019	£115,500	£1,605	2
2018	£125,183	£1,527	3
2017	£139,750	£1,993	2
2015	£135,000	£1,800	1
2014	£96,167	£1,354	3
2013	£147,500	£1,277	2
2008	£131,750		2
2006	£125,000	£1,667	1
2004	£98,500		1
2003	£93,000	£1,525	1
2002	£57,500		1
2001	£54,000	£885	1
2000	£26,500	£434	1
1999	£52,250		1
1997	£45,500		3
1995	£28,000		1

House Type: Terraced

Year	Avg. Price	Sold
2018	£142,500	1
2006	£131,075	2
2004	£22,000	1

All the Sales in the SCHOLES DRIVE, M40 3RX

See the table below for more details on the sold house prices in the M40 3RX, Oldham postcode.

Address	Sold Date	Price	% Change
49 SCHOLES DRIVESemi-Detached, Freehold	26 Feb 2024	£144,000	First Sale
20 SCHOLES DRIVESemi-Detached, LeaseholdArea: 113 Sq.mtrAge: 1930-1949	18 Apr 2023	£207,000	First Sale
22 SCHOLES DRIVESemi-Detached, LeaseholdArea: 70 Sq.mtrAge: 1950-1966	25 Nov 2022	£260,000	86.38%
	03 Oct 2017	£139,500	First Sale
25 SCHOLES DRIVESemi-Detached, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	06 May 2021	£170,000	44.68%
	28 Nov 2014	£117,500	33.52%
	30 May 2014	£88,000	6.02%
	17 Apr 2014	£83,000	First Sale
4 SCHOLES DRIVESemi-Detached, LeaseholdArea: 102 Sq.mtrAge: 1930-1949	27 Nov 2020	£170,000	First Sale
41 SCHOLES DRIVESemi-Detached, LeaseholdArea: 74 Sq.mtrAge: 1930-1949	19 Nov 2019	£116,000	First Sale
11 SCHOLES DRIVESemi-Detached, LeaseholdArea: 70 Sq.mtrAge: 1930-1949	25 Jan 2019	£115,000	First Sale
51 SCHOLES DRIVESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1930-1949	20 Nov 2018	£105,000	12.90%
	04 Jul 2003	£93,000	72.22%
	18 Jan 2001	£54,000	103.77%
	30 Nov 2000	£26,500	First Sale
31 SCHOLES DRIVETerraced, Leasehold	05 Oct 2018	£142,500	-1.72%
	21 Dec 2006	£145,000	23.77%
	05 Jun 2006	£117,150	432.50%
	03 Mar 2004	£22,000	-57.89%
	11 Jun 1999	£52,250	First Sale
28 SCHOLES DRIVESemi-Detached, LeaseholdArea: 108 Sq.mtrAge: 1930-1949	16 Feb 2018	£175,550	First Sale
53 SCHOLES DRIVESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1930-1949	16 Feb 2018	£95,000	First Sale
32 SCHOLES DRIVESemi-Detached, Leasehold	28 Jul 2017	£140,000	3.32%
32 SCHOLES DRIVESemi-Detached, Leasehold	30 May 2008	£135,500	First Sale
13 SCHOLES DRIVESemi-Detached, LeaseholdArea: 75 Sq.mtrAge: 1900-1929	13 Nov 2015	£135,000	8.00%
	11 Dec 2006	£125,000	First Sale
30 SCHOLES DRIVESemi-Detached, LeaseholdArea: 94 Sq.mtrAge: 1930-1949	25 Oct 2013	£120,000	First Sale
39 SCHOLES DRIVESemi-Detached, Leasehold	07 Feb 2013	£175,000	First Sale
19 SCHOLES DRIVESemi-Detached, Leasehold	14 Mar 2008	£128,000	245.95%
19 SCHOLES DRIVESemi-Detached, Leasehold	16 May 1997	£37,000	First Sale
12 SCHOLES DRIVESemi-Detached, Freehold	28 May 2004	£98,500	First Sale
6 SCHOLES DRIVESemi-Detached, Freehold	27 Sep 2002	£57,500	First Sale
17 SCHOLES DRIVESemi-Detached, Leasehold	19 Dec 1997	£44,500	First Sale
14 SCHOLES DRIVESemi-Detached, Leasehold	05 Feb 1997	£55,000	First Sale
27 SCHOLES DRIVESemi-Detached, Leasehold	28 Jul 1995	£28,000	First Sale
5 SCHOLES DRIVESemi-Detached, LeaseholdArea: 91 Sq.mtrAge: 1950-1966	05 Jan 2024	£175,000	First Sale

Check out the sold house prices near the M40 3RX postcode. Properties currently for saleProperties currently for rent

SCHOLES DRIVE, M40 3RX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the M40 3RX postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the M40 3RX postcode.

Semi-Detached
- The average price is around £112,289 median price is £108,000 Standard Deviation is £61,202 with Total Sold: 1,524
- The Last 5 Year average price is £192,570 with Total Sold: 303
- The most recent sale happened at this postcode is , 173 MOSTON LANE EAST: £240,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 10 EASTWOOD AVENUE: £30,000 (Sold on 09 Jan 1995)
Terraced
- The average price is around £85,950 median price is £80,000 Standard Deviation is £49,970 with Total Sold: 861
- The Last 5 Year average price is £156,848 with Total Sold: 153
- The most recent sale happened at this postcode is , 11 RUTH AVENUE: £132,500 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 5 MENSTON AVENUE: £34,500 (Sold on 06 Jan 1995)
Detached
- The average price is around £163,594 median price is £150,000 Standard Deviation is £104,395 with Total Sold: 119
- The Last 5 Year average price is £304,331 with Total Sold: 21
- The most recent sale happened at this postcode is , 206 NUTHURST ROAD: £400,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 566 BROADWAY: £130,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £101,435 median price is £107,113 Standard Deviation is £25,205 with Total Sold: 33
- The Last 5 Year average price is £118,917 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 1, ST GEORGES VILLA BROADWAY: £115,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is APARTMENT 2, 8 MAPLE GROVE: £108,500 (Sold on 07 Jun 2006)
Other
- The average price is around £76,333 median price is £1,600 Standard Deviation is £125,777 with Total Sold: 50
- The Last 5 Year average price is £45,415 with Total Sold: 37
- The most recent sale happened at this postcode is , 68 NORTHFIELD ROAD: £15,617 (Sold on 14 Nov 2023)
- The first recorded sale happened at this postcode is , 109 MOSTON LANE EAST: £325,000 (Sold on 11 Mar 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£202,872	£2,367	18
2023	£220,377	£2,528	45
2022	£226,753	£2,546	59
2021	£191,622	£2,174	76
2020	£167,940	£1,943	50
2019	£153,476	£1,726	55
2018	£133,260	£1,603	46
2017	£140,598	£1,586	57
2016	£133,832	£1,565	51
2015	£119,116	£1,492	46
2014	£108,729	£1,358	46
2013	£114,326	£1,377	39
2012	£117,481	£1,270	26
2011	£114,800	£1,400	29
2010	£117,045	£1,369	42
2009	£112,076	£1,277	26
2008	£124,848	£1,465	36
2007	£128,616	£1,410	57
2006	£124,107	£1,378	67
2005	£119,749	£1,393	45
2004	£105,475	£1,027	57
2003	£91,984	£1,043	61
2002	£63,416	£674	85
2001	£63,583	£685	65
2000	£47,247	£465	52
1999	£48,897	£582	77
1998	£49,640	£548	64
1997	£44,792	£487	56
1996	£45,584	£499	53
1995	£43,624	£419	38

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,292	£1,740	12
2023	£188,703	£2,169	32
2022	£180,722	£2,137	27
2021	£151,864	£1,866	28
2020	£131,237	£1,559	19
2019	£126,014	£1,498	35
2018	£111,671	£1,402	32
2017	£103,474	£1,233	25
2016	£94,083	£1,207	18
2015	£98,554	£1,099	28
2014	£83,600	£992	24
2013	£79,655	£950	24
2012	£82,206	£1,024	17
2011	£80,321	£969	18
2010	£89,027	£982	15
2009	£98,470	£1,138	20
2008	£106,695	£1,256	20
2007	£101,650	£1,275	44
2006	£96,096	£1,134	49
2005	£81,603	£1,017	35
2004	£71,164	£851	57
2003	£56,494	£648	53
2002	£45,488	£545	33
2001	£37,649	£445	41
2000	£29,185	£335	28
1999	£32,219	£392	27
1998	£33,576	£369	29
1997	£33,715	£438	26
1996	£35,611	£421	27
1995	£31,111	£367	18

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£335,000		2
2023	£515,667	£2,694	3
2022	£272,238	£2,586	4
2021	£215,000	£2,063	1
2020	£271,625	£2,251	8
2019	£232,333	£1,671	3
2018	£243,500	£2,859	2
2017	£181,408	£1,799	6
2016	£173,250	£1,948	2
2015	£205,650	£1,353	3
2014	£210,000	£1,641	1
2013	£160,612	£1,512	4
2012	£164,625	£1,344	4
2011	£176,650	£1,545	3
2010	£183,700	£1,867	1
2009	£146,000	£1,373	2
2008	£146,250	£1,840	4
2007	£263,983	£1,818	3
2006	£216,150	£1,352	3
2005	£183,667	£1,842	3
2004	£188,000	£1,255	3
2003	£142,874	£1,006	8
2002	£107,908	£767	6
2001	£86,000	£803	5
2000	£76,687	£640	8
1999	£85,190	£710	5
1998	£79,612	£431	4
1997	£67,688	£441	8
1996	£60,325	£454	6
1995	£99,750	£691	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,000		1
2023	£100,000	£1,953	1
2022	£107,250	£1,484	2
2021	£170,000	£1,789	1
2019	£114,000	£1,200	1
2018	£79,500	£1,227	3
2017	£80,250	£1,687	2
2016	£75,500	£1,678	1
2013	£68,125	£1,108	2
2012	£70,000	£1,228	1
2011	£40,000		1
2008	£118,333	£2,053	3
2007	£110,173	£2,073	9
2006	£113,313	£1,917	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£49,600	£214	4
2022	£170,217	£3,069	3
2021	£27,925		2
2020	£41,962	£2,220	5
2019	£30,680	£159	23
2018	£187,686	£708	7
2017	£86,167	£1,824	3
2016	£188,000		3

House Type in M40 3RX area

The most common house types in the M40 3RX postcode area are Semi-detached (117), Detached (3), and Terraced (1).

Total	121
Semi-detached	117
Detached	3
Terraced	1
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	14
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the M40 3RX have 1 person in household (37), and 2 people in household (36).

1 person in household	37
2 people in household	36
3 people in household	27
4 people in household	16
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0