Housing Market Analysis for RACEFIELD HAMLET, OL1 2TB

Are you looking to understand OL1 2TB 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 OL1 2TB area, explore the OL1 2TB Area information page.
For comprehensive crime statistics in the OL1 2TB area, explore the OL1 2TB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL1 2TB postcode area, The average prices are as follows,

  • Flat
    • The average price is around £108,800 median price is £90,500 Standard Deviation is £61,534 with Total Sold: 15
    • The Last 5 Year average price is £156,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 1C RACEFIELD HAMLET: £150,000 (Sold on 05 Aug 2021)
    • The first recorded sale happened at this postcode is 1F RACEFIELD HAMLET: £47,000 (Sold on 26 May 1995)
  • Terraced
    • The average price is around £705,000 median price is £705,000 Standard Deviation is £35,000 with Total Sold: 2
    • The Last 5 Year average price is £705,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 RACEFIELD HAMLET: £670,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is 3 RACEFIELD HAMLET: £740,000 (Sold on 29 Jan 2021)
  • Detached
    • The average price is around £420,000 median price is £340,000 Standard Deviation is £157,361 with Total Sold: 4
    • The Last 5 Year average price is £690,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 RACEFIELD HAMLET: £690,000 (Sold on 25 Jun 2021)
    • The first recorded sale happened at this postcode is 5 RACEFIELD HAMLET: £310,000 (Sold on 12 Aug 1999)
  • Semi-Detached
    • The average price is around £615,000 median price is £615,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 RACEFIELD HAMLET: £615,000 (Sold on 04 Jun 2009)
    • The first recorded sale happened at this postcode is 6 RACEFIELD HAMLET: £615,000 (Sold on 04 Jun 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average OL1 2TB 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£156,667 £2,482 3
2018£135,000 £1,776 1
2017£275,000 £2,273 1
2013£130,500 £2,373 1
2007£135,500 £2,464 1
2002£76,667 £1,270 3
2000£57,0001
1998£60,000 £1,091 1
1996£46,000 £855 2
1995£47,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£705,000 £2,120 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£690,000 £3,000 1
2001£315,000 £1,370 1
2000£365,000 £979 1
1999£310,000 £1,348 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£615,000 £1,945 1

All the Sales in the RACEFIELD HAMLET, OL1 2TB

See the table below for more details on the sold house prices in the OL1 2TB, Oldham postcode.

AddressSold DatePrice% Change
1C RACEFIELD HAMLETFlat, LeaseholdArea: 55 Sq.mtrAge: 1900-192905 Aug 2021£150,00014.94%
30 Jul 2013£130,500-3.69%
22 Jan 2007£135,50049.72%
01 Oct 2002£90,50050.83%
07 Oct 1998£60,00027.66%
24 Dec 1996£47,000First Sale
1F RACEFIELD HAMLETFlat, Leasehold09 Jul 2021£150,000219.15%
26 May 1995£47,000First Sale
2 RACEFIELD HAMLETTerraced, LeaseholdArea: 297 Sq.mtrAge: 1976-198229 Jun 2021£670,000First Sale
5 RACEFIELD HAMLETDetached, LeaseholdArea: 230 Sq.mtrAge: 1983-199025 Jun 2021£690,000119.05%
24 Oct 2001£315,0001.61%
12 Aug 1999£310,000First Sale
1B RACEFIELD HAMLETFlat, LeaseholdArea: 76 Sq.mtrAge: 1930-194907 Jun 2021£170,00025.93%
12 Sep 2018£135,00098.53%
19 Apr 2002£68,000First Sale
3 RACEFIELD HAMLETTerraced, LeaseholdArea: 373 Sq.mtrAge: 1900-192929 Jan 2021£740,000102.74%
04 Aug 2000£365,000First Sale
1A RACEFIELD HAMLETFlat, LeaseholdArea: 121 Sq.mtrAge: 1996-200221 Dec 2017£275,000First Sale
6 RACEFIELD HAMLETSemi-Detached, LeaseholdArea: 316.15 Sq.mtrAge: 1900-192904 Jun 2009£615,000First Sale
1D RACEFIELD HAMLETFlat, Leasehold28 Jun 2002£71,50025.44%
27 Oct 2000£57,000First Sale
APARTMENT D, 1 RACEFIELD HAMLETFlat, Leasehold12 Jun 1996£45,000First Sale

Check out the sold house prices near the OL1 2TB postcode. Properties currently for saleProperties currently for rent

RACEFIELD HAMLET, OL1 2TB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL1 2TB 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 OL1 2TB postcode.

  • Flat
    • The average price is around £108,800 median price is £90,500 Standard Deviation is £61,534 with Total Sold: 15
    • The Last 5 Year average price is £156,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1C RACEFIELD HAMLET: £150,000 (Sold on 05 Aug 2021)
    • The first recorded sale happened at this postcode is , 1F RACEFIELD HAMLET: £47,000 (Sold on 26 May 1995)
  • Terraced
    • The average price is around £408,250 median price is £432,500 Standard Deviation is £303,577 with Total Sold: 4
    • The Last 5 Year average price is £705,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 RACEFIELD HAMLET: £670,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is , 25 LORNE AVENUE: £28,000 (Sold on 27 Jul 1995)
  • Detached
    • The average price is around £360,978 median price is £350,000 Standard Deviation is £161,690 with Total Sold: 23
    • The Last 5 Year average price is £466,786 with Total Sold: 7
    • The most recent sale happened at this postcode is , 5 RACEFIELD HAMLET: £690,000 (Sold on 25 Jun 2021)
    • The first recorded sale happened at this postcode is , 5 RACEFIELD HAMLET: £310,000 (Sold on 12 Aug 1999)
  • Semi-Detached
    • The average price is around £152,200 median price is £109,750 Standard Deviation is £157,610 with Total Sold: 12
    • The Last 5 Year average price is £139,950 with Total Sold: 1
    • The most recent sale happened at this postcode is , 27 LORNE AVENUE: £139,950 (Sold on 20 Nov 2020)
    • The first recorded sale happened at this postcode is , 31 LORNE AVENUE: £45,950 (Sold on 23 Nov 1995)
  • Other
    • The average price is around £25,000 median price is £25,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £25,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , CROFTERS FARM THORP CLOUGH: £25,000 (Sold on 11 Mar 2020)
    • The first recorded sale happened at this postcode is , CROFTERS FARM THORP CLOUGH: £25,000 (Sold on 11 Mar 2020)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£156,667 £2,482 3
2018£135,000 £1,776 1
2017£275,000 £2,273 1
2013£130,500 £2,373 1
2007£135,500 £2,464 1
2002£76,667 £1,270 3
2000£57,0001
1998£60,000 £1,091 1
1996£46,000 £855 2
1995£47,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£705,000 £2,120 2
2014£195,000 £2,267 1
1995£28,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£485,667 £2,194 3
2020£591,250 £2,813 2
2019£314,000 £2,856 2
2018£371,250 £2,297 4
2014£277,5002
2010£350,000 £1,155 1
2004£482,5002
2002£185,000 £774 1
2001£230,000 £1,473 2
2000£315,000 £979 2
1999£202,500 £1,102 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£139,950 £1,818 1
2017£216,000 £1,714 2
2016£81,750 £843 2
2009£615,000 £1,945 1
2002£38,0001
2001£155,0001
2000£165,000 £690 1
1998£34,5001
1996£37,5001
1995£45,950 £474 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£25,000 £83 2

House Type in OL1 2TB area

The most common house types in the OL1 2TB postcode area are Semi-detached (54), Flat (43), and Detached (37).

Total159
Semi-detached54
Flat43
Detached37
Terraced20
converted building3
Shared house2
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (52), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright52
Owned: Owns with a mortgage or loan41
Social rented: Rents from council or Local Authority32
Social rented: Other social rented17
Private rented: Private landlord or letting agency14
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the OL1 2TB have 2 people in household (63), and 1 person in household (53).

2 people in household63
1 person in household53
3 people in household18
4 people in household11
5 people in household10
6 people in household3
8 or more people in household1
0 people in household0
7 people in household0