Housing Market Analysis for DRAKE CLOSE, OL1 3EL

Are you looking to understand OL1 3EL 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 3EL area, explore the OL1 3EL Area information page.
For comprehensive crime statistics in the OL1 3EL area, explore the OL1 3EL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL1 3EL postcode area, The average prices are as follows,

  • Flat
    • The average price is around £44,999 median price is £38,998 Standard Deviation is £14,731 with Total Sold: 4
    • The Last 5 Year average price is £54,998 with Total Sold: 2
    • The most recent sale happened at this postcode is 15 DRAKE CLOSE: £70,000 (Sold on 20 Jul 2022)
    • The first recorded sale happened at this postcode is 19 DRAKE CLOSE: £32,000 (Sold on 10 Jul 2013)
  • Terraced
    • The average price is around £21,250 median price is £21,250 Standard Deviation is £8,750 with Total Sold: 2
    • The Last 5 Year average price is £30,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 DRAKE CLOSE: £30,000 (Sold on 23 Jul 2020)
    • The first recorded sale happened at this postcode is 19 DRAKE CLOSE: £12,500 (Sold on 15 Jul 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average OL1 3EL 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
2022£70,000 £972 1
2019£39,995 £833 1
2017£38,000 £528 1
2013£32,000 £444 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£30,000 £361 1
2002£12,500 £154 1

All the Sales in the DRAKE CLOSE, OL1 3EL

See the table below for more details on the sold house prices in the OL1 3EL, Oldham postcode.

AddressSold DatePrice% Change
15 DRAKE CLOSEFlat, LeaseholdArea: 72 Sq.mtrAge: 1950-196620 Jul 2022£70,000First Sale
8 DRAKE CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-196623 Jul 2020£30,000First Sale
21 DRAKE CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1950-196602 Oct 2019£39,995First Sale
19 DRAKE CLOSEFlat, LeaseholdArea: 72 Sq.mtrAge: 1950-196631 Aug 2017£38,00018.75%
10 Jul 2013£32,000156.00%
15 Jul 2002£12,500First Sale

Check out the sold house prices near the OL1 3EL postcode. Properties currently for saleProperties currently for rent

DRAKE CLOSE, OL1 3EL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL1 3EL 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 3EL postcode.

  • Semi-Detached
    • The average price is around £82,511 median price is £72,995 Standard Deviation is £44,087 with Total Sold: 381
    • The Last 5 Year average price is £146,662 with Total Sold: 44
    • The most recent sale happened at this postcode is , 220 HORSEDGE STREET: £90,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 BOUNDARY GARDENS: £46,400 (Sold on 10 Feb 1995)
  • Flat
    • The average price is around £57,480 median price is £52,500 Standard Deviation is £27,584 with Total Sold: 69
    • The Last 5 Year average price is £71,185 with Total Sold: 21
    • The most recent sale happened at this postcode is APARTMENT 3, PENNINE RISE STONECLOUGH MEWS: £108,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 15, HADRIAN HOUSE HENSHAW STREET: £6,600 (Sold on 25 Mar 1996)
  • Terraced
    • The average price is around £58,409 median price is £54,000 Standard Deviation is £35,317 with Total Sold: 1,091
    • The Last 5 Year average price is £99,756 with Total Sold: 168
    • The most recent sale happened at this postcode is , 26 SIDNEY STREET: £110,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 145 EDGE LANE ROAD: £25,500 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £241,838 median price is £110,250 Standard Deviation is £594,139 with Total Sold: 20
    • The Last 5 Year average price is £312,558 with Total Sold: 13
    • The most recent sale happened at this postcode is , ROYAL ANCIENT ORDER OF BUFFALOES HENSHAW STREET: £300,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , 122 HENSHAW STREET: £105,000 (Sold on 23 Feb 2015)
  • Detached
    • The average price is around £140,383 median price is £129,995 Standard Deviation is £52,137 with Total Sold: 109
    • The Last 5 Year average price is £239,909 with Total Sold: 11
    • The most recent sale happened at this postcode is , 8 HANSBY CLOSE: £315,000 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is , FRANKLIN HOUSE FRANKLIN STREET: £165,000 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£143,3333
2023£199,500 £2,893 5
2022£186,707 £2,454 7
2021£127,685 £1,878 12
2020£135,944 £1,663 9
2019£120,369 £1,478 8
2018£102,683 £1,490 12
2017£125,228 £1,522 9
2016£80,175 £1,449 8
2015£97,600 £1,516 5
2014£87,778 £1,363 9
2013£75,667 £1,096 6
2012£70,000 £778 1
2011£73,500 £1,066 5
2010£112,333 £1,923 3
2009£96,900 £1,172 6
2008£111,871 £1,648 22
2007£113,939 £1,585 18
2006£114,968 £1,554 19
2005£91,423 £1,201 13
2004£79,147 £1,133 27
2003£69,187 £1,000 31
2002£60,455 £939 27
2001£44,517 £681 17
2000£43,128 £635 9
1999£44,645 £660 10
1998£28,650 £373 10
1997£35,890 £564 11
1996£48,359 £670 38
1995£46,945 £620 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£108,0001
2023£95,667 £1,357 3
2022£78,000 £1,092 2
2021£75,590 £1,511 5
2020£61,833 £1,039 6
2019£48,736 £959 4
2018£43,332 £750 3
2017£38,000 £531 2
2016£47,000 £980 2
2014£66,000 £1,113 2
2013£42,488 £680 4
2012£57,667 £704 3
2011£56,167 £823 3
2010£85,000 £1,545 1
2009£60,000 £1,120 1
2008£79,325 £2,404 2
2007£92,614 £1,667 7
2006£59,667 £927 3
2005£34,000 £694 1
2004£32,562 £502 4
2003£33,250 £480 4
2001£23,950 £589 1
2000£21,750 £323 2
1999£13,500 £266 1
1997£12,000 £245 1
1996£6,600 £162 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£114,605 £1,485 19
2023£116,378 £1,620 27
2022£114,560 £1,562 31
2021£98,898 £1,277 30
2020£86,548 £1,092 29
2019£75,346 £996 32
2018£67,600 £868 31
2017£72,434 £942 35
2016£63,491 £794 35
2015£57,129 £710 34
2014£60,543 £822 28
2013£61,053 £841 15
2012£65,210 £857 26
2011£68,542 £798 23
2010£83,188 £880 29
2009£68,582 £960 16
2008£76,526 £1,061 29
2007£78,169 £997 70
2006£72,628 £978 44
2005£61,862 £772 56
2004£52,346 £688 54
2003£38,115 £514 73
2002£35,626 £390 58
2001£27,789 £354 43
2000£25,561 £325 44
1999£22,797 £271 29
1998£22,722 £275 33
1997£21,485 £307 44
1996£30,132 £380 53
1995£22,757 £286 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£283,333 £1,379 3
2022£71,5782
2021£39,072 £444 2
2020£572,790 £149 5
2019£128,000 £631 1
2018£115,500 £1,540 2
2017£170,0001
2016£89,167 £533 3
2015£105,000 £327 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£315,0001
2022£295,000 £2,360 1
2021£254,500 £2,610 2
2020£219,000 £2,990 2
2019£216,400 £2,066 5
2018£176,167 £2,151 3
2017£191,000 £1,771 2
2016£144,000 £1,267 1
2015£144,000 £1,611 3
2014£150,000 £1,705 1
2013£153,667 £1,526 3
2012£157,833 £1,221 3
2011£165,000 £2,497 2
2010£174,500 £1,642 4
2009£80,000 £1,081 1
2008£187,500 £1,310 2
2007£170,312 £1,556 8
2006£99,000 £1,320 1
2005£158,488 £1,879 4
2004£135,826 £1,441 12
2003£120,268 £1,193 22
2002£90,182 £917 18
2001£86,262 £924 4
2000£39,100 £449 2
1998£25,950 £371 1
1996£165,0001

House Type in OL1 3EL area

The most common house types in the OL1 3EL postcode area are Terraced (85), Flat (61), and Semi-detached (6).

Total160
Terraced85
Flat61
Semi-detached6
Detached5
commercial building2
Shared house1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (53), and Social rented: Other social rented (49).

Social rented: Rents from council or Local Authority53
Social rented: Other social rented49
Owned: Owns with a mortgage or loan22
Owned: Owns outright17
Private rented: Private landlord or letting agency11
Lives rent free4
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the OL1 3EL have 1 person in household (47), and 2 people in household (34).

1 person in household47
2 people in household34
3 people in household30
4 people in household20
5 people in household13
8 or more people in household9
7 people in household3
6 people in household1
0 people in household0