Housing Market Analysis for OL8 1LB

Are you looking to understand OL8 1LB 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 OL8 1LB area, explore the OL8 1LB Area information page.
For comprehensive crime statistics in the OL8 1LB area, explore the OL8 1LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL8 1LB postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average OL8 1LB 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.

    All the Sales in the OL8 1LB

    See the table below for more details on the sold house prices in the OL8 1LB, Oldham postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the OL8 1LB postcode. Properties currently for saleProperties currently for rent

    OL8 1LB Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the OL8 1LB 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 OL8 1LB postcode.

    • Detached
      • The average price is around £140,389 median price is £146,750 Standard Deviation is £88,711 with Total Sold: 38
      • The Last 5 Year average price is £246,500 with Total Sold: 3
      • The most recent sale happened at this postcode is , 41 NEILD STREET: £220,000 (Sold on 04 Sep 2024)
      • The first recorded sale happened at this postcode is , 124 PARK ROAD: £45,000 (Sold on 19 Feb 1999)
    • Terraced
      • The average price is around £52,515 median price is £45,000 Standard Deviation is £35,756 with Total Sold: 1,809
      • The Last 5 Year average price is £97,671 with Total Sold: 146
      • The most recent sale happened at this postcode is , 28 AVON STREET: £60,000 (Sold on 23 Aug 2024)
      • The first recorded sale happened at this postcode is , 208 BELGRAVE ROAD: £15,000 (Sold on 05 Jan 1995)
    • Other
      • The average price is around £346,291 median price is £100,000 Standard Deviation is £818,140 with Total Sold: 41
      • The Last 5 Year average price is £333,900 with Total Sold: 20
      • The most recent sale happened at this postcode is , 236 ASHTON ROAD: £130,000 (Sold on 07 Jun 2024)
      • The first recorded sale happened at this postcode is , PHOENIX WORKING MENS CLUB CHARLESTON STREET: £205,000 (Sold on 11 Nov 2013)
    • Flat
      • The average price is around £41,292 median price is £36,375 Standard Deviation is £33,515 with Total Sold: 66
      • The Last 5 Year average price is £75,912 with Total Sold: 12
      • The most recent sale happened at this postcode is , 38 AVON STREET: £60,000 (Sold on 10 Apr 2024)
      • The first recorded sale happened at this postcode is , 7 TWEED CLOSE: £20,650 (Sold on 09 Jan 1995)
    • Semi-Detached
      • The average price is around £87,232 median price is £70,000 Standard Deviation is £60,744 with Total Sold: 179
      • The Last 5 Year average price is £134,380 with Total Sold: 10
      • The most recent sale happened at this postcode is , 59 BELGRAVE ROAD: £330,000 (Sold on 18 Oct 2023)
      • The first recorded sale happened at this postcode is , 244 BATESON WAY: £30,000 (Sold on 20 Jan 1995)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£220,0001
    2023£251,000 £2,919 1
    2021£268,500 £969 1
    2018£200,000 £1,198 1
    2017£179,975 £1,239 2
    2016£140,000 £1,111 1
    2013£150,625 £1,658 4
    2012£169,000 £2,044 4
    2011£278,000 £548 2
    2009£100,000 £855 1
    2008£180,833 £2,553 3
    2007£410,000 £1,051 1
    2006£135,000 £487 1
    2004£75,0002
    2003£54,000 £462 1
    2002£96,650 £347 3
    2001£50,000 £349 2
    2000£29,000 £385 3
    1999£48,100 £483 4
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£92,750 £974 10
    2023£103,770 £1,457 30
    2022£125,318 £1,463 33
    2021£88,686 £1,114 40
    2020£76,860 £970 33
    2019£74,444 £966 36
    2018£89,131 £1,072 34
    2017£74,678 £882 53
    2016£68,601 £888 44
    2015£66,700 £798 42
    2014£68,443 £836 43
    2013£60,871 £786 31
    2012£65,924 £818 27
    2011£69,545 £719 32
    2010£80,279 £985 36
    2009£69,910 £833 44
    2008£89,788 £961 59
    2007£83,539 £1,007 83
    2006£68,740 £834 122
    2005£57,499 £686 124
    2004£42,700 £527 117
    2003£28,890 £358 122
    2002£25,869 £292 114
    2001£22,630 £266 82
    2000£22,694 £258 109
    1999£21,720 £252 73
    1998£22,746 £262 54
    1997£21,833 £283 63
    1996£22,966 £306 65
    1995£22,619 £265 54
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£130,0001
    2023£91,111 £9 7
    2022£913,580 £4,606 6
    2021£70,0002
    2020£72,188 £1,109 4
    2019£166,662 £1,863 8
    2018£1,507,333 £862 3
    2017£159,935 £743 7
    2016£205,0001
    2014£135,1001
    2013£205,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£67,500 £1,751 2
    2023£133,667 £2,155 3
    2022£73,000 £1,521 1
    2021£43,738 £1,071 4
    2020£63,500 £1,231 2
    2019£39,748 £1,074 2
    2018£45,975 £1,097 2
    2017£34,333 £828 3
    2016£41,475 £1,123 2
    2014£32,333 £755 3
    2013£25,000 £532 1
    2012£64,000 £1,071 2
    2009£46,875 £946 2
    2008£59,090 £1,353 5
    2007£59,667 £1,622 3
    2006£57,500 £777 1
    2005£48,850 £1,241 2
    2004£20,792 £584 6
    2003£24,300 £416 5
    2002£15,833 £535 3
    2000£14,500 £395 2
    1999£15,000 £395 1
    1998£14,000 £408 3
    1997£14,050 £374 2
    1996£18,333 £370 3
    1995£20,6501
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£186,933 £1,596 3
    2022£157,500 £1,778 2
    2021£75,000 £1,104 2
    2020£106,000 £920 3
    2019£96,000 £1,628 3
    2018£131,667 £1,175 3
    2017£113,857 £965 7
    2016£96,667 £949 3
    2015£78,000 £758 2
    2014£100,000 £1,136 1
    2013£140,714 £1,233 7
    2012£160,250 £1,420 8
    2011£113,167 £1,059 6
    2010£92,333 £886 3
    2009£125,750 £696 4
    2008£137,031 £1,198 8
    2007£133,833 £1,014 9
    2006£90,591 £1,035 11
    2005£87,472 £916 10
    2004£57,222 £429 9
    2003£81,167 £454 12
    2002£74,450 £362 10
    2001£37,856 £437 8
    2000£32,886 £324 7
    1999£32,571 £386 12
    1998£34,862 £374 8
    1997£44,158 £269 6
    1996£46,431 £391 8
    1995£68,500 £357 4

    House Type in OL8 1LB area

    The most common house types in the OL8 1LB postcode area are Terraced (50), Flat (39), and Detached (4).

    Total97
    Terraced50
    Flat39
    Detached4
    Semi-detached3
    Shared house1
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (26), and Social rented: Other social rented (21).

    Owned: Owns outright26
    Social rented: Other social rented21
    Social rented: Rents from council or Local Authority20
    Private rented: Private landlord or letting agency17
    Owned: Owns with a mortgage or loan15
    Private rented: Other private rented2
    Lives rent free2
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the OL8 1LB have 1 person in household (26), and 2 people in household (19).

    1 person in household26
    2 people in household19
    4 people in household16
    6 people in household13
    5 people in household11
    3 people in household7
    8 or more people in household5
    7 people in household2
    0 people in household0