Housing Market Analysis for NEWBANK CLOSE, OL3 5LE

Are you looking to understand OL3 5LE 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 OL3 5LE area, explore the OL3 5LE Area information page.
For comprehensive crime statistics in the OL3 5LE area, explore the OL3 5LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL3 5LE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £435,714 median price is £370,000 Standard Deviation is £108,962 with Total Sold: 7
    • The Last 5 Year average price is £660,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 NEW BANK CLOSE: £660,000 (Sold on 20 Nov 2019)
    • The first recorded sale happened at this postcode is 4 NEWBANK CLOSE: £360,000 (Sold on 30 Jan 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average OL3 5LE 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£660,000 £3,216 1
2007£487,5001
2006£487,5001
2004£353,750 £1,803 4

All the Sales in the NEWBANK CLOSE, OL3 5LE

See the table below for more details on the sold house prices in the OL3 5LE, Oldham postcode.

AddressSold DatePrice% Change
3 NEW BANK CLOSEDetached, LeaseholdArea: 205.2 Sq.mtrAge: 2003-200620 Nov 2019£660,000First Sale
1 NEWBANK CLOSEDetached, Leasehold30 Mar 2007£487,50041.30%
27 Feb 2004£345,000First Sale
2 NEWBANK CLOSEDetached, Leasehold15 Jun 2006£487,50043.38%
12 Mar 2004£340,000First Sale
3 NEWBANK CLOSEDetached, LeaseholdArea: 205.2 Sq.mtrAge: 2003-200631 Mar 2004£370,000First Sale
4 NEWBANK CLOSEDetached, Leasehold30 Jan 2004£360,000First Sale

Check out the sold house prices near the OL3 5LE postcode. Properties currently for saleProperties currently for rent

NEWBANK CLOSE, OL3 5LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL3 5LE 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 OL3 5LE postcode.

  • Terraced
    • The average price is around £177,064 median price is £165,000 Standard Deviation is £91,484 with Total Sold: 261
    • The Last 5 Year average price is £237,712 with Total Sold: 48
    • The most recent sale happened at this postcode is , 2 CHANCERY LANE: £89,714 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 10 WHARMTON COTTAGES: £57,000 (Sold on 07 Feb 1995)
  • Flat
    • The average price is around £166,673 median price is £177,500 Standard Deviation is £63,389 with Total Sold: 72
    • The Last 5 Year average price is £198,383 with Total Sold: 24
    • The most recent sale happened at this postcode is , 2 RIVERBANK: £230,000 (Sold on 30 Apr 2024)
    • The first recorded sale happened at this postcode is , 2 SANDY LANE: £53,000 (Sold on 31 Aug 1995)
  • Semi-Detached
    • The average price is around £191,287 median price is £172,500 Standard Deviation is £109,871 with Total Sold: 160
    • The Last 5 Year average price is £299,182 with Total Sold: 22
    • The most recent sale happened at this postcode is , 17 DOBCROSS NEW ROAD: £291,000 (Sold on 08 Apr 2024)
    • The first recorded sale happened at this postcode is , 84 WALLHILL ROAD: £65,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £302,025 median price is £280,000 Standard Deviation is £154,398 with Total Sold: 224
    • The Last 5 Year average price is £461,035 with Total Sold: 41
    • The most recent sale happened at this postcode is , WREN COTTAGE, 2 WALKMILL: £420,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , SPRINGMEADOW LADCASTLE ROAD: £187,500 (Sold on 05 Apr 1995)
  • Other
    • The average price is around £279,663 median price is £200,000 Standard Deviation is £314,999 with Total Sold: 17
    • The Last 5 Year average price is £334,395 with Total Sold: 10
    • The most recent sale happened at this postcode is , 6 CRIB LANE: £795,000 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is , 5 RIDINGS COURT: £11,368 (Sold on 01 Aug 2012)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£194,857 £3,448 2
2023£223,333 £2,683 3
2022£362,750 £3,744 4
2021£222,973 £2,800 17
2020£227,694 £2,425 10
2019£235,998 £2,502 12
2018£212,733 £2,702 6
2017£234,888 £2,171 20
2016£204,668 £2,476 14
2015£221,766 £2,395 16
2014£187,267 £2,179 9
2013£215,695 £1,988 10
2012£210,625 £2,196 4
2011£187,429 £2,176 7
2010£193,188 £2,260 8
2009£163,000 £1,955 7
2008£205,857 £2,003 7
2007£180,250 £1,761 4
2006£196,677 £2,046 11
2005£148,483 £2,048 3
2004£177,850 £1,762 14
2003£157,543 £1,825 7
2002£127,708 £1,491 12
2001£85,812 £1,283 8
2000£79,250 £847 12
1999£76,111 £923 9
1998£64,775 £861 6
1997£69,571 £772 7
1996£51,744 £748 5
1995£54,214 £601 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,0001
2023£224,150 £2,489 3
2022£233,750 £3,315 2
2021£198,536 £2,407 7
2020£187,000 £2,316 2
2019£180,833 £2,096 9
2018£184,200 £2,008 5
2017£169,328 £2,153 9
2016£198,158 £1,894 6
2015£177,923 £2,109 8
2014£125,817 £1,833 3
2013£170,000 £4,048 1
2012£151,0001
2011£226,000 £2,308 2
2007£137,000 £2,740 1
2004£140,250 £2,651 2
2003£75,000 £1,705 1
2002£52,500 £1,014 2
2001£74,0001
1998£48,667 £997 3
1997£103,0001
1996£58,0001
1995£53,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£262,000 £3,103 3
2023£330,000 £3,654 3
2022£363,250 £2,840 4
2021£251,500 £3,329 2
2020£319,167 £3,397 6
2019£233,750 £2,800 4
2018£333,500 £3,489 5
2017£246,992 £2,696 6
2016£252,475 £2,763 2
2015£271,408 £2,519 6
2014£226,167 £2,372 6
2013£154,667 £2,346 3
2012£241,650 £2,756 3
2011£340,000 £2,628 2
2010£283,312 £2,393 4
2009£240,000 £2,108 3
2008£249,250 £1,388 2
2007£200,700 £2,644 10
2006£216,750 £1,589 6
2005£180,500 £1,938 5
2004£233,750 £1,795 5
2003£160,340 £2,297 10
2002£129,600 £1,403 15
2001£122,0005
2000£137,833 £1,377 3
1999£96,845 £1,067 10
1998£103,222 £1,113 9
1997£61,667 £864 3
1996£75,571 £872 7
1995£75,281 £678 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£406,2502
2023£411,250 £4,105 4
2022£402,181 £3,980 8
2021£545,944 £3,446 9
2020£464,500 £3,716 6
2019£460,583 £3,030 12
2018£419,167 £3,216 6
2017£354,400 £2,536 5
2016£315,000 £2,949 4
2015£329,175 £2,471 8
2014£418,272 £2,516 9
2013£279,900 £2,443 5
2012£302,571 £2,324 7
2011£270,500 £2,595 5
2010£278,250 £2,599 4
2009£198,667 £2,078 3
2008£344,875 £2,542 4
2007£355,812 £2,254 8
2006£341,3758
2005£375,004 £2,464 11
2004£302,661 £2,146 18
2003£303,867 £1,825 12
2002£178,125 £1,936 14
2001£165,695 £1,227 10
2000£170,008 £1,036 6
1999£159,150 £1,012 9
1998£148,000 £1,088 9
1997£94,088 £711 6
1996£146,583 £887 6
1995£111,958 £758 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£631,250 £4,274 2
2022£5,0002
2021£300,000 £2,269 1
2020£240,000 £1,395 1
2019£382,862 £2,756 4
2018£560,000 £3,333 1
2017£159,738 £114 4
2014£200,0001
2012£11,368 £102 1

House Type in OL3 5LE area

The most common house types in the OL3 5LE postcode area are Terraced (70), Detached (49), and Semi-detached (18).

Total165
Terraced70
Detached49
Semi-detached18
converted building14
Flat12
Shared house2
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (81), and Owned: Owns with a mortgage or loan (63).

Owned: Owns outright81
Owned: Owns with a mortgage or loan63
Private rented: Private landlord or letting agency18
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the OL3 5LE have 2 people in household (63), and 1 person in household (44).

2 people in household63
1 person in household44
4 people in household26
3 people in household23
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0