Housing Market Analysis for MERLIN CLOSE, OL8 2TW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £99,178 median price is £90,100 Standard Deviation is £19,463 with Total Sold: 9
    • The Last 5 Year average price is £112,550 with Total Sold: 2
    • The most recent sale happened at this postcode is 26 MERLIN CLOSE: £135,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is 25 MERLIN CLOSE: £122,000 (Sold on 27 Oct 2006)
  • Flat
    • The average price is around £59,500 median price is £59,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 MERLIN CLOSE: £59,500 (Sold on 10 Apr 2014)
    • The first recorded sale happened at this postcode is 6 MERLIN CLOSE: £59,500 (Sold on 10 Apr 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average OL8 2TW 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
2023£135,000 £1,753 1
2021£90,100 £1,155 1
2018£80,500 £1,180 2
2016£103,500 £1,232 1
2015£87,000 £1,012 1
2012£79,000 £1,274 1
2007£115,000 £1,292 1
2006£122,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£59,500 £1,190 1

All the Sales in the MERLIN CLOSE, OL8 2TW

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

AddressSold DatePrice% Change
26 MERLIN CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1950-196624 Mar 2023£135,000First Sale
24 MERLIN CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-197516 Aug 2021£90,100First Sale
3 MERLIN CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1976-198201 May 2018£80,000First Sale
22 MERLIN CLOSETerraced, FreeholdArea: 62 Sq.mtrAge: 1967-197519 Mar 2018£81,0002.53%
21 Sep 2012£79,000First Sale
17 MERLIN CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196606 Jul 2016£103,500-10.00%
11 Jun 2007£115,000First Sale
18 MERLIN CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1976-198207 Sep 2015£87,000First Sale
6 MERLIN CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-197510 Apr 2014£59,500First Sale
25 MERLIN CLOSETerraced, Freehold27 Oct 2006£122,000First Sale

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

MERLIN CLOSE, OL8 2TW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £142,355 median price is £95,000 Standard Deviation is £90,465 with Total Sold: 169
    • The Last 5 Year average price is £291,666 with Total Sold: 15
    • 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 £79,440 median price is £75,000 Standard Deviation is £45,904 with Total Sold: 341
    • The Last 5 Year average price is £130,560 with Total Sold: 67
    • 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 , 890 ASHTON ROAD: £34,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £99,571 median price is £95,000 Standard Deviation is £50,445 with Total Sold: 207
    • The Last 5 Year average price is £172,379 with Total Sold: 34
    • 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 , 17 NEWCHURCH: £35,500 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £59,078 median price is £59,500 Standard Deviation is £22,684 with Total Sold: 29
    • The Last 5 Year average price is £76,550 with Total Sold: 10
    • The most recent sale happened at this postcode is , 6 MIDDLEFIELD: £115,000 (Sold on 06 Oct 2023)
    • The first recorded sale happened at this postcode is , 9 ALDERS COURT: £27,950 (Sold on 26 May 2000)
  • Other
    • The average price is around £582,892 median price is £275,000 Standard Deviation is £727,849 with Total Sold: 12
    • The Last 5 Year average price is £626,791 with Total Sold: 11
    • The most recent sale happened at this postcode is , TREELANDS WESTERHILL ROAD: £2,500,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is , 955 ASHTON ROAD: £100,000 (Sold on 11 Jan 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£306,6673
2023£285,000 £2,969 1
2022£271,500 £3,513 2
2021£419,998 £3,204 3
2020£239,000 £2,460 3
2019£216,667 £2,771 3
2018£185,250 £2,069 4
2017£209,300 £2,102 3
2016£197,562 £2,145 8
2015£178,250 £1,723 3
2014£172,667 £2,083 3
2013£260,417 £1,911 3
2012£182,500 £2,277 1
2010£188,500 £1,776 2
2009£175,000 £1,648 2
2008£380,000 £1,729 2
2007£196,417 £2,315 6
2006£202,908 £1,664 6
2005£182,983 £1,875 3
2004£157,125 £1,402 4
2003£173,143 £1,440 7
2002£105,000 £1,159 4
2001£96,857 £1,066 7
2000£90,567 £1,025 6
1999£102,590 £776 5
1998£87,674 £865 34
1997£81,889 £801 37
1996£70,000 £1,042 2
1995£69,750 £919 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,400 £2,431 5
2023£154,286 £2,051 7
2022£152,143 £2,164 14
2021£130,117 £1,581 18
2020£109,682 £1,408 11
2019£108,912 £1,203 12
2018£98,075 £1,213 13
2017£86,462 £1,184 13
2016£102,222 £1,384 9
2015£98,433 £1,164 9
2014£115,120 £1,324 16
2013£76,312 £1,021 8
2012£71,869 £855 8
2011£83,250 £1,041 8
2010£88,000 £1,055 4
2009£84,812 £1,246 4
2008£93,670 £1,132 5
2007£109,750 £1,352 16
2006£89,714 £1,042 14
2005£73,965 £977 13
2004£86,437 £1,113 8
2003£48,064 £536 14
2002£38,056 £459 23
2001£42,011 £587 14
2000£37,104 £414 18
1999£31,410 £415 10
1998£31,378 £409 14
1997£29,452 £379 13
1996£33,109 £498 7
1995£34,335 £522 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£222,000 £3,038 3
2023£219,975 £2,855 4
2022£197,750 £2,699 4
2021£162,556 £2,142 9
2020£175,000 £2,323 5
2019£131,778 £2,000 9
2018£137,000 £2,013 3
2017£111,099 £1,688 5
2016£98,750 £1,895 2
2015£118,842 £1,484 13
2014£113,125 £1,457 23
2013£116,750 £1,531 4
2012£103,833 £1,956 3
2011£120,000 £1,427 4
2010£126,000 £2,426 3
2009£117,500 £1,310 2
2008£97,802 £1,127 5
2007£105,921 £1,389 7
2006£127,136 £1,928 7
2005£110,0002
2004£93,240 £1,541 10
2003£77,082 £1,108 11
2002£53,650 £989 3
2001£57,666 £792 9
2000£46,928 £663 15
1999£50,883 £784 9
1998£55,467 £930 12
1997£51,354 £762 12
1996£33,790 £406 5
1995£38,675 £960 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£115,000 £2,212 1
2022£97,500 £1,806 1
2021£83,165 £1,653 3
2020£60,833 £1,140 3
2019£60,500 £1,247 2
2018£58,500 £1,336 2
2017£65,000 £1,301 1
2016£56,712 £1,316 2
2015£50,000 £993 1
2014£49,750 £995 2
2012£69,000 £1,199 1
2011£71,000 £1,234 2
2009£50,000 £1,000 1
2006£68,000 £1,259 1
2004£50,0001
2003£11,000 £244 1
2002£32,450 £804 2
2000£23,975 £682 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,500,0001
2022£557,333 £3,901 3
2021£76,250 £148 2
2020£720,000 £1,544 3
2019£205,1002
2016£100,0001

House Type in OL8 2TW area

The most common house types in the OL8 2TW postcode area are Terraced (62), Semi-detached (52), and Detached (22).

Total157
Terraced62
Semi-detached52
Detached22
Flat17
converted building3
commercial building1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (53), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright53
Owned: Owns with a mortgage or loan28
Social rented: Other social rented27
Social rented: Rents from council or Local Authority24
Private rented: Private landlord or letting agency12
Shared ownership: Shared ownership8
Private rented: Other private rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the OL8 2TW have 1 person in household (56), and 2 people in household (52).

1 person in household56
2 people in household52
3 people in household24
4 people in household13
6 people in household5
5 people in household2
7 people in household1
0 people in household0
8 or more people in household0