Housing Market Analysis for PARK LANE, OL8 2RE

Are you looking to understand OL8 2RE 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 2RE area, explore the OL8 2RE Area information page.
For comprehensive crime statistics in the OL8 2RE area, explore the OL8 2RE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL8 2RE postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £55,971 median price is £51,000 Standard Deviation is £28,960 with Total Sold: 29
    • The Last 5 Year average price is £89,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 21 PARK LANE: £110,000 (Sold on 11 Mar 2022)
    • The first recorded sale happened at this postcode is 21 PARK LANE: £15,500 (Sold on 04 Apr 1997)
  • Flat
    • The average price is around £59,667 median price is £69,000 Standard Deviation is £17,613 with Total Sold: 3
    • The most recent sale happened at this postcode is 20 PARK LANE: £75,000 (Sold on 07 Oct 2011)
    • The first recorded sale happened at this postcode is 20 PARK LANE: £35,000 (Sold on 07 Dec 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average OL8 2RE 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£110,000 £1,692 1
2020£68,500 £901 1
2019£95,000 £1,300 3
2018£59,500 £820 2
2017£50,500 £822 2
2015£65,000 £966 2
2008£100,000 £1,316 1
2007£81,000 £1,076 3
2005£67,500 £888 1
2004£61,000 £712 2
2003£31,025 £478 4
2002£39,600 £535 1
2001£24,000 £369 1
2000£21,950 £338 1
1998£17,338 £254 3
1997£15,500 £238 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£75,000 £1,130 1
2006£69,000 £1,039 1
2004£35,000 £527 1

All the Sales in the PARK LANE, OL8 2RE

See the table below for more details on the sold house prices in the OL8 2RE, Oldham postcode.

AddressSold DatePrice% Change
21 PARK LANETerraced, FreeholdArea: 65 Sq.mtrAge: before 190011 Mar 2022£110,000225.93%
14 Nov 2003£33,75040.62%
19 Oct 2001£24,00054.84%
04 Apr 1997£15,500First Sale
4 PARK LANETerraced, FreeholdArea: 76 Sq.mtrAge: 1900-192905 Aug 2020£68,500-31.50%
13 Jun 2008£100,00035.14%
16 Nov 2007£74,0009.63%
21 Feb 2005£67,500437.29%
31 Mar 1998£12,563First Sale
14 PARK LANETerraced, FreeholdArea: 74 Sq.mtrAge: 1900-192917 Dec 2019£95,00020.25%
26 Nov 2015£79,000-11.24%
12 Oct 2007£89,000124.75%
13 Dec 2002£39,600First Sale
17 PARK LANETerraced, FreeholdArea: 64 Sq.mtrAge: 1900-192913 Dec 2019£95,00086.27%
03 Mar 2017£51,000First Sale
2 PARK LANETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-192928 Jun 2019£95,000163.89%
18 Jul 2003£36,000First Sale
12 PARK LANETerraced, FreeholdArea: 96 Sq.mtrAge: 1900-192927 Apr 2018£55,000First Sale
29 PARK LANETerraced, FreeholdArea: 60 Sq.mtrAge: 1900-192902 Feb 2018£64,000First Sale
31 PARK LANETerraced, FreeholdArea: 59 Sq.mtrAge: before 190009 Jan 2017£50,000First Sale
33 PARK LANETerraced, FreeholdArea: 59 Sq.mtrAge: before 190013 Mar 2015£51,00038.40%
04 Jul 2003£36,850110.57%
12 Mar 2003£17,500First Sale
20 PARK LANEFlat, LeaseholdArea: 66.39 Sq.mtrAge: 1950-196607 Oct 2011£75,0008.70%
28 Jul 2006£69,00097.14%
07 Dec 2004£35,000First Sale
30 PARK LANETerraced, FreeholdArea: 76 Sq.mtrAge: 1930-194929 Jun 2007£80,000First Sale
6 PARK LANETerraced, Freehold16 Jul 2004£75,000First Sale
23 PARK LANETerraced, FreeholdArea: 66 Sq.mtrAge: before 190020 Feb 2004£47,00065.20%
30 Oct 1998£28,450158.64%
09 Jun 1998£11,000First Sale
27 PARK LANETerraced, FreeholdArea: 65 Sq.mtrAge: before 190003 Nov 2000£21,950First Sale

Check out the sold house prices near the OL8 2RE postcode. Properties currently for saleProperties currently for rent

PARK LANE, OL8 2RE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL8 2RE 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 2RE postcode.

  • Detached
    • The average price is around £125,219 median price is £90,450 Standard Deviation is £61,832 with Total Sold: 146
    • The Last 5 Year average price is £271,750 with Total Sold: 8
    • The most recent sale happened at this postcode is , 65 SIMKIN WAY: £430,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 54 MILLS FARM CLOSE: £66,000 (Sold on 25 Aug 1995)
  • Terraced
    • The average price is around £64,605 median price is £60,000 Standard Deviation is £37,526 with Total Sold: 883
    • The Last 5 Year average price is £110,818 with Total Sold: 129
    • The most recent sale happened at this postcode is , 812 ASHTON ROAD: £140,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 20 CHESTNUT CRESCENT: £35,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £87,181 median price is £85,000 Standard Deviation is £45,735 with Total Sold: 464
    • The Last 5 Year average price is £151,662 with Total Sold: 61
    • The most recent sale happened at this postcode is , 22 SIMKIN WAY: £266,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , 57 REINS LEE AVENUE: £19,000 (Sold on 10 Mar 1995)
  • Other
    • The average price is around £289,178 median price is £125,000 Standard Deviation is £543,296 with Total Sold: 19
    • The Last 5 Year average price is £348,407 with Total Sold: 14
    • The most recent sale happened at this postcode is , 673 ASHTON ROAD: £120,000 (Sold on 10 Jan 2024)
    • The first recorded sale happened at this postcode is , 578 - 580 ASHTON ROAD: £122,000 (Sold on 24 Mar 2017)
  • Flat
    • The average price is around £63,421 median price is £69,000 Standard Deviation is £26,520 with Total Sold: 19
    • The Last 5 Year average price is £72,125 with Total Sold: 4
    • The most recent sale happened at this postcode is , 8 REINS LEE AVENUE: £80,000 (Sold on 06 Jun 2023)
    • The first recorded sale happened at this postcode is , 32 ROSARY CLOSE: £18,000 (Sold on 27 Jul 2001)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,0002
2023£285,000 £2,969 1
2022£275,000 £3,198 1
2021£230,000 £2,396 1
2020£224,667 £2,353 3
2019£250,000 £2,604 1
2018£190,000 £1,983 2
2017£209,300 £2,102 3
2016£175,499 £1,986 9
2015£220,000 £1,196 1
2014£157,500 £1,820 2
2013£180,000 £2,093 1
2010£188,500 £1,776 2
2009£175,000 £1,648 2
2008£185,000 £1,729 1
2007£188,700 £2,098 5
2006£190,490 £1,664 5
2005£182,983 £1,875 3
2004£132,900 £1,171 5
2003£122,400 £1,005 5
2002£98,000 £1,031 2
2001£98,500 £1,066 6
2000£90,567 £1,025 6
1999£102,590 £776 5
1998£88,118 £865 33
1997£81,889 £801 37
1996£75,000 £1,042 1
1995£66,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,818 £1,275 11
2023£132,337 £1,738 27
2022£119,469 £1,621 32
2021£104,033 £1,366 33
2020£85,592 £1,105 26
2019£92,442 £1,133 27
2018£79,675 £966 28
2017£81,518 £1,079 28
2016£82,711 £1,184 25
2015£83,659 £1,159 28
2014£76,447 £1,006 24
2013£61,227 £817 13
2012£69,677 £818 11
2011£66,933 £799 15
2010£79,500 £1,012 6
2009£72,362 £1,008 8
2008£89,406 £1,079 18
2007£81,796 £1,058 47
2006£74,431 £917 47
2005£64,602 £854 52
2004£64,044 £792 69
2003£37,628 £520 55
2002£31,822 £402 41
2001£24,413 £324 27
2000£26,132 £349 37
1999£22,972 £304 23
1998£26,349 £329 33
1997£29,351 £393 37
1996£31,074 £442 30
1995£29,088 £376 25
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,500 £3,038 4
2023£160,030 £2,138 15
2022£158,439 £2,079 17
2021£155,711 £1,897 14
2020£102,864 £1,404 11
2019£116,379 £1,571 19
2018£90,430 £1,219 15
2017£90,385 £1,234 14
2016£104,180 £1,308 34
2015£113,567 £1,374 21
2014£104,567 £1,365 41
2013£96,556 £1,205 9
2012£68,217 £972 6
2011£80,917 £1,110 6
2010£87,494 £1,208 9
2009£107,125 £1,030 4
2008£95,750 £1,270 6
2007£87,619 £1,084 16
2006£94,377 £1,408 22
2005£83,495 £1,107 11
2004£72,900 £924 25
2003£73,703 £1,169 17
2002£35,517 £531 21
2001£41,817 £629 17
2000£39,381 £480 20
1999£37,320 £553 12
1998£44,920 £690 17
1997£43,991 £630 22
1996£37,372 £571 17
1995£34,000 £614 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,000 £1,873 1
2023£891,667 £610 3
2022£58,350 £1,386 2
2021£246,667 £3,527 6
2020£243,0002
2019£80,280 £6 2
2018£70,000 £673 1
2017£193,060 £3,343 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£80,000 £1,290 1
2022£90,000 £1,452 1
2020£59,250 £1,075 2
2019£60,500 £1,247 2
2018£65,0002
2014£40,000 £800 1
2012£69,000 £1,199 1
2011£74,000 £1,241 2
2007£126,0001
2006£69,000 £1,039 1
2004£48,875 £527 4
2001£18,000 £300 1

House Type in OL8 2RE area

The most common house types in the OL8 2RE postcode area are Terraced (111), Semi-detached (34), and Flat (9).

Total165
Terraced111
Semi-detached34
Flat9
Detached6
Shared house4
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (61), and Owned: Owns outright (35).

Private rented: Private landlord or letting agency61
Owned: Owns outright35
Owned: Owns with a mortgage or loan35
Social rented: Other social rented18
Private rented: Other private rented8
Social rented: Rents from council or Local Authority3
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the OL8 2RE have 1 person in household (51), and 2 people in household (43).

1 person in household51
2 people in household43
3 people in household34
4 people in household13
5 people in household8
6 people in household7
7 people in household6
8 or more people in household1
0 people in household0