Housing Market Analysis for RAKEWOOD DRIVE, OL4 2LT

Are you looking to understand OL4 2LT 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 OL4 2LT area, explore the OL4 2LT Area information page.
For comprehensive crime statistics in the OL4 2LT area, explore the OL4 2LT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL4 2LT postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £103,922 median price is £72,450 Standard Deviation is £57,038 with Total Sold: 9
- The Last 5 Year average price is £177,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1 RAKEWOOD DRIVE: £177,000 (Sold on 28 May 2021)
- The first recorded sale happened at this postcode is 2 RAKEWOOD DRIVE: £54,950 (Sold on 31 Mar 1995)
Detached
- The average price is around £119,679 median price is £89,000 Standard Deviation is £63,395 with Total Sold: 19
- The Last 5 Year average price is £235,000 with Total Sold: 1
- The most recent sale happened at this postcode is 5 RAKEWOOD DRIVE: £235,000 (Sold on 29 Jan 2021)
- The first recorded sale happened at this postcode is 28 RAKEWOOD DRIVE: £63,950 (Sold on 24 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average OL4 2LT 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
2021	£177,000	£2,603	1
2016	£149,950	£2,112	1
2009	£200,000		1
2005	£127,950	£1,802	1
2001	£72,450	£1,065	1
2000	£61,000	£884	1
1997	£52,000		1
1996	£40,000		1
1995	£54,950		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£235,000	£2,831	1
2016	£214,000	£2,779	1
2015	£187,000	£2,429	1
2007	£212,000		2
2005	£160,000		1
2003	£136,500		2
2002	£91,000		2
2000	£80,975		2
1999	£62,725	£812	4
1998	£63,100		1
1997	£59,000		1
1996	£63,950		1

All the Sales in the RAKEWOOD DRIVE, OL4 2LT

See the table below for more details on the sold house prices in the OL4 2LT, Oldham postcode.

Address	Sold Date	Price	% Change
1 RAKEWOOD DRIVESemi-Detached, LeaseholdArea: 68 Sq.mtrAge: 1967-1975	28 May 2021	£177,000	144.31%
	08 Aug 2001	£72,450	First Sale
5 RAKEWOOD DRIVEDetached, LeaseholdArea: 83 Sq.mtrAge: 1967-1975	29 Jan 2021	£235,000	First Sale
4 RAKEWOOD DRIVESemi-Detached, LeaseholdArea: 71 Sq.mtrAge: 1967-1975	02 Dec 2016	£149,950	17.19%
	15 Apr 2005	£127,950	First Sale
16 RAKEWOOD DRIVEDetached, LeaseholdArea: 77 Sq.mtrAge: 1976-1982	14 Sep 2016	£214,000	14.44%
	18 Dec 2015	£187,000	199.20%
	03 Mar 1999	£62,500	First Sale
26 RAKEWOOD DRIVESemi-Detached, Leasehold	23 Jan 2009	£200,000	First Sale
15 RAKEWOOD DRIVEDetached, Freehold	12 Sep 2007	£225,000	45.16%
15 RAKEWOOD DRIVEDetached, Freehold	29 May 2003	£155,000	First Sale
24 RAKEWOOD DRIVEDetached, Leasehold	23 Feb 2007	£199,000	First Sale
39 RAKEWOOD DRIVEDetached, Leasehold	26 Aug 2005	£160,000	79.78%
39 RAKEWOOD DRIVEDetached, Leasehold	02 Jun 2000	£89,000	First Sale
11 RAKEWOOD DRIVEDetached, Leasehold	16 Oct 2003	£118,000	First Sale
31 RAKEWOOD DRIVEDetached, Leasehold	31 May 2002	£80,000	First Sale
20 RAKEWOOD DRIVEDetached, Leasehold	22 Apr 2002	£102,000	210.03%
20 RAKEWOOD DRIVEDetached, Leasehold	09 Aug 1999	£32,900	First Sale
25 RAKEWOOD DRIVEDetached, Leasehold	26 May 2000	£72,950	15.61%
25 RAKEWOOD DRIVEDetached, Leasehold	23 Oct 1998	£63,100	First Sale
6 RAKEWOOD DRIVESemi-Detached, LeaseholdArea: 69 Sq.mtrAge: 1976-1982	26 May 2000	£61,000	First Sale
22 RAKEWOOD DRIVEDetached, Leasehold	03 Dec 1999	£83,000	First Sale
28 RAKEWOOD DRIVEDetached, Leasehold	19 Nov 1999	£72,500	13.37%
28 RAKEWOOD DRIVEDetached, Leasehold	24 Jan 1996	£63,950	First Sale
12 RAKEWOOD DRIVESemi-Detached, Leasehold	08 Aug 1997	£52,000	First Sale
29 RAKEWOOD DRIVEDetached, Leasehold	01 Jul 1997	£59,000	First Sale
8 RAKEWOOD DRIVESemi-Detached, Leasehold	18 Sep 1996	£40,000	First Sale
2 RAKEWOOD DRIVESemi-Detached, Leasehold	31 Mar 1995	£54,950	First Sale

Check out the sold house prices near the OL4 2LT postcode. Properties currently for saleProperties currently for rent

RAKEWOOD DRIVE, OL4 2LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL4 2LT 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 OL4 2LT postcode.

Detached
- The average price is around £169,052 median price is £163,995 Standard Deviation is £86,717 with Total Sold: 377
- The Last 5 Year average price is £259,516 with Total Sold: 59
- The most recent sale happened at this postcode is , 2 ERICA AVENUE: £234,000 (Sold on 10 Jul 2024)
- The first recorded sale happened at this postcode is , 4 COUPLAND CLOSE: £73,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £79,547 median price is £75,000 Standard Deviation is £45,763 with Total Sold: 483
- The Last 5 Year average price is £126,487 with Total Sold: 87
- The most recent sale happened at this postcode is , 19 DICKENS STREET: £86,046 (Sold on 21 May 2024)
- The first recorded sale happened at this postcode is , 15 DICKENS STREET: £22,500 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £107,932 median price is £98,000 Standard Deviation is £63,388 with Total Sold: 519
- The Last 5 Year average price is £184,009 with Total Sold: 81
- The most recent sale happened at this postcode is , 30 ASHDENE RISE: £160,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 5 CLIPSLEY CRESCENT: £47,500 (Sold on 28 Feb 1995)
Flat
- The average price is around £67,351 median price is £55,000 Standard Deviation is £46,174 with Total Sold: 89
- The Last 5 Year average price is £98,033 with Total Sold: 12
- The most recent sale happened at this postcode is 4, THE RIDGEDALES COLERIDGE ROAD: £91,000 (Sold on 08 Jan 2024)
- The first recorded sale happened at this postcode is FLAT 5, THE HAWTHORNS ARNCLIFFE RISE: £35,000 (Sold on 21 Nov 1995)
Other
- The average price is around £151,045 median price is £120,000 Standard Deviation is £134,710 with Total Sold: 27
- The Last 5 Year average price is £139,053 with Total Sold: 23
- The most recent sale happened at this postcode is , 32 ARNCLIFFE RISE: £1,460 (Sold on 20 Dec 2023)
- The first recorded sale happened at this postcode is , 670 RIPPONDEN ROAD: £255,000 (Sold on 03 Jul 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,000	£3,261	2
2023	£281,541	£2,959	11
2022	£376,400	£2,839	5
2021	£249,192	£2,614	13
2020	£214,274	£2,405	10
2019	£245,347	£2,127	18
2018	£230,605	£2,223	15
2017	£248,875	£1,935	8
2016	£195,840	£1,923	10
2015	£185,441	£1,845	17
2014	£184,995	£1,887	19
2013	£159,429	£1,907	7
2012	£209,500	£1,621	4
2011	£175,357	£1,567	7
2010	£217,938	£1,774	8
2009	£182,538	£1,717	4
2008	£230,500	£1,349	5
2007	£209,692	£1,946	13
2006	£184,907	£1,852	15
2005	£218,579	£1,936	12
2004	£172,847	£1,527	18
2003	£152,436	£1,401	43
2002	£109,996	£1,362	16
2001	£100,604	£912	14
2000	£84,525	£856	16
1999	£83,036	£633	18
1998	£75,739	£764	14
1997	£75,339	£651	14
1996	£86,309	£670	11
1995	£66,900	£708	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£132,674	£1,619	6
2023	£139,357	£1,886	21
2022	£146,781	£1,831	16
2021	£119,178	£1,521	14
2020	£121,235	£1,662	10
2019	£102,625	£1,290	20
2018	£101,247	£1,320	16
2017	£76,556	£1,109	9
2016	£96,533	£1,135	15
2015	£96,154	£1,265	22
2014	£89,040	£1,161	10
2013	£69,250	£924	9
2012	£96,306	£1,115	8
2011	£95,250	£1,241	8
2010	£74,875	£956	8
2009	£78,167	£1,181	6
2008	£106,954	£1,299	11
2007	£94,427	£1,137	22
2006	£91,268	£1,161	20
2005	£88,720	£1,123	20
2004	£88,923	£1,191	26
2003	£67,999	£946	33
2002	£58,667	£748	23
2001	£41,424	£532	19
2000	£38,758	£460	25
1999	£34,867	£388	26
1998	£34,250	£448	15
1997	£29,593	£461	13
1996	£38,997	£524	15
1995	£30,906	£439	17

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£197,429	£2,674	7
2023	£214,390	£2,629	10
2022	£208,467	£2,353	15
2021	£178,696	£2,084	21
2020	£168,092	£1,988	13
2019	£154,267	£1,853	15
2018	£156,577	£1,778	13
2017	£137,200	£1,670	15
2016	£153,150	£1,753	13
2015	£128,455	£1,560	11
2014	£135,666	£1,514	15
2013	£131,495	£1,336	10
2012	£157,857	£1,594	7
2011	£111,060	£1,358	8
2010	£106,917	£1,528	6
2009	£122,000	£1,887	7
2008	£115,944	£1,640	9
2007	£121,867	£1,380	26
2006	£146,329	£1,587	21
2005	£108,818	£1,191	17
2004	£126,196	£1,514	27
2003	£100,638	£899	28
2002	£78,431	£812	25
2001	£63,439	£690	31
2000	£56,730	£654	23
1999	£54,473	£633	26
1998	£51,037	£615	26
1997	£46,829	£607	28
1996	£47,390	£626	25
1995	£44,960	£572	21

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£91,000	£2,022	1
2023	£190,000	£1,727	1
2022	£89,267	£2,130	3
2021	£115,500	£1,931	3
2020	£50,500	£868	2
2019	£90,050	£651	2
2018	£112,500	£1,954	2
2017	£73,250	£1,626	2
2013	£53,000	£1,182	2
2012	£55,000	£1,222	1
2010	£125,000	£2,315	1
2009	£95,000	£1,203	1
2008	£65,000	£1,546	1
2007	£158,250	£2,138	4
2006	£95,000	£1,792	1
2005	£86,333	£1,880	3
2004	£94,909	£1,573	11
2003	£59,795	£1,239	10
2002	£41,000	£961	2
2001	£49,317	£728	3
2000	£35,500	£755	2
1999	£43,833	£718	6
1998	£35,500	£789	1
1997	£32,494	£704	18
1996	£30,000	£731	4
1995	£33,500	£567	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£61,218	£657	11
2022	£206,000	£2,316	3
2021	£229,271	£1,064	5
2020	£206,650	£1,253	3
2019	£140,500	£759	1
2018	£252,500	£2,470	2
2017	£120,000	£1,008	1
2015	£255,000		1

House Type in OL4 2LT area

The most common house types in the OL4 2LT postcode area are Detached (99), Semi-detached (25), and Terraced (1).

Total	125
Detached	99
Semi-detached	25
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 (79), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright	79
Owned: Owns with a mortgage or loan	37
Private rented: Private landlord or letting agency	6
Social rented: Other social rented	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the OL4 2LT have 2 people in household (55), and 1 person in household (27).

2 people in household	55
1 person in household	27
3 people in household	26
4 people in household	14
5 people in household	2
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0