Housing Market Analysis for PENRITH AVENUE, OL8 4LY

Are you looking to understand OL8 4LY 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 4LY area, explore the OL8 4LY Area information page.
For comprehensive crime statistics in the OL8 4LY area, explore the OL8 4LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL8 4LY postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £81,162 median price is £76,500 Standard Deviation is £38,833 with Total Sold: 13
- The Last 5 Year average price is £132,500 with Total Sold: 2
- The most recent sale happened at this postcode is 31 PENRITH AVENUE: £165,000 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is 30 PENRITH AVENUE: £40,000 (Sold on 30 Jan 1998)
Terraced
- The average price is around £69,940 median price is £69,000 Standard Deviation is £50,746 with Total Sold: 31
- The Last 5 Year average price is £194,000 with Total Sold: 3
- The most recent sale happened at this postcode is 5 PENRITH AVENUE: £255,000 (Sold on 11 Nov 2022)
- The first recorded sale happened at this postcode is 18 PENRITH AVENUE: £37,950 (Sold on 31 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average OL8 4LY 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
2023	£165,000	£2,089	1
2019	£100,000	£1,300	1
2018	£100,000	£1,299	1
2011	£76,500	£1,093	1
2006	£115,000	£1,392	2
2005	£111,000	£1,500	1
2004	£70,000	£886	1
2003	£44,700		2
2001	£32,000		1
1998	£40,600	£506	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£194,000	£2,048	3
2017	£81,500	£1,076	2
2016	£98,000	£1,273	1
2015	£83,000	£1,153	1
2014	£82,667	£1,134	3
2013	£81,000	£1,205	1
2009	£83,750	£545	2
2008	£95,000	£1,508	1
2006	£92,050	£1,413	2
2003	£42,950	£568	2
2002	£30,750	£417	4
2001	£25,000	£318	1
2000	£29,900	£331	3
1999	£35,000	£243	1
1998	£23,333	£132	3
1997	£37,950		1

All the Sales in the PENRITH AVENUE, OL8 4LY

See the table below for more details on the sold house prices in the OL8 4LY, Oldham postcode.

Address	Sold Date	Price	% Change
31 PENRITH AVENUESemi-Detached, LeaseholdArea: 79 Sq.mtrAge: 1950-1966	29 Sep 2023	£165,000	First Sale
5 PENRITH AVENUETerraced, LeaseholdArea: 144 Sq.mtrAge: 1930-1949	11 Nov 2022	£255,000	224.84%
	16 Apr 2009	£78,500	238.36%
	23 Nov 2000	£23,200	-33.71%
	22 Jul 1999	£35,000	52.17%
	11 Aug 1998	£23,000	53.33%
	29 Jun 1998	£15,000	First Sale
27 PENRITH AVENUETerraced, LeaseholdArea: 77.8 Sq.mtrAge: 1930-1949	04 Nov 2022	£162,000	110.39%
	02 Aug 2017	£77,000	-18.95%
	25 Jul 2008	£95,000	9.07%
	08 Sep 2006	£87,100	First Sale
8 PENRITH AVENUETerraced, LeaseholdArea: 72 Sq.mtrAge: 1930-1949	26 Aug 2022	£165,000	98.80%
	16 Jun 2015	£83,000	20.29%
	18 Jul 2014	£69,000	First Sale
32 PENRITH AVENUESemi-Detached, LeaseholdArea: 76.92 Sq.mtrAge: 1930-1949	05 Mar 2019	£100,000	-9.91%
	03 Oct 2005	£111,000	First Sale
33 PENRITH AVENUESemi-Detached, LeaseholdArea: 77 Sq.mtrAge: 1930-1949	15 Jan 2018	£100,000	First Sale
17 PENRITH AVENUETerraced, LeaseholdArea: 74 Sq.mtrAge: 1930-1949	15 Sep 2017	£86,000	First Sale
7 PENRITH AVENUETerraced, LeaseholdArea: 77 Sq.mtrAge: 1930-1949	02 Dec 2016	£98,000	188.24%
	08 Jul 2002	£34,000	First Sale
9 PENRITH AVENUETerraced, LeaseholdArea: 74.56 Sq.mtrAge: 1930-1949	14 Jul 2014	£92,000	170.59%
	20 Oct 2000	£34,000	First Sale
10 PENRITH AVENUETerraced, LeaseholdArea: 71.88 Sq.mtrAge: 1930-1949	10 Feb 2014	£87,000	First Sale
24 PENRITH AVENUETerraced, LeaseholdArea: 67.22 Sq.mtrAge: 1900-1929	18 Jan 2013	£81,000	-16.49%
	08 Sep 2006	£97,000	223.87%
	16 May 2003	£29,950	First Sale
28 PENRITH AVENUESemi-Detached, LeaseholdArea: 70 Sq.mtrAge: 1950-1966	28 Jan 2011	£76,500	First Sale
13 PENRITH AVENUETerraced, Leasehold	28 May 2009	£89,000	First Sale
29 PENRITH AVENUESemi-Detached, Leasehold	13 Oct 2006	£120,000	First Sale
30 PENRITH AVENUESemi-Detached, LeaseholdArea: 79 Sq.mtrAge: 1930-1949	29 May 2006	£110,000	57.14%
	27 Feb 2004	£70,000	75.00%
	30 Jan 1998	£40,000	First Sale
25 PENRITH AVENUETerraced, LeaseholdArea: 81 Sq.mtrAge: 1930-1949	19 Sep 2003	£55,950	123.80%
	31 Oct 2002	£25,000	First Sale
12 PENRITH AVENUESemi-Detached, Leasehold	25 Jul 2003	£36,900	15.31%
12 PENRITH AVENUESemi-Detached, Leasehold	02 Nov 2001	£32,000	First Sale
34 PENRITH AVENUESemi-Detached, Leasehold	30 May 2003	£52,500	27.43%
34 PENRITH AVENUESemi-Detached, Leasehold	30 Jun 1998	£41,200	First Sale
23 PENRITH AVENUETerraced, LeaseholdArea: 64 Sq.mtrAge: 1930-1949	19 Jul 2002	£35,500	First Sale
14 PENRITH AVENUETerraced, LeaseholdArea: 78.6 Sq.mtrAge: 1930-1949	11 Apr 2002	£28,500	14.00%
	10 Dec 2001	£25,000	First Sale
6 PENRITH AVENUETerraced, LeaseholdArea: 86.28 Sq.mtrAge: 1930-1949	17 Aug 2000	£32,500	First Sale
15 PENRITH AVENUETerraced, Leasehold	02 Oct 1998	£32,000	First Sale
18 PENRITH AVENUETerraced, Leasehold	31 Oct 1997	£37,950	First Sale

Check out the sold house prices near the OL8 4LY postcode. Properties currently for saleProperties currently for rent

PENRITH AVENUE, OL8 4LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL8 4LY 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 4LY postcode.

Terraced
- The average price is around £71,838 median price is £65,000 Standard Deviation is £45,816 with Total Sold: 1,555
- The Last 5 Year average price is £130,121 with Total Sold: 206
- The most recent sale happened at this postcode is , 581 CHAMBER ROAD: £138,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 269 HERON STREET: £37,000 (Sold on 10 Feb 1995)
Detached
- The average price is around £166,970 median price is £150,000 Standard Deviation is £96,249 with Total Sold: 203
- The Last 5 Year average price is £255,535 with Total Sold: 28
- The most recent sale happened at this postcode is , 5 ANSELMS COURT: £230,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 118 MERTON AVENUE: £94,950 (Sold on 16 Jan 1995)
Other
- The average price is around £202,548 median price is £106,000 Standard Deviation is £301,440 with Total Sold: 52
- The Last 5 Year average price is £211,416 with Total Sold: 36
- The most recent sale happened at this postcode is , 24 WERNETH CRESCENT: £952 (Sold on 21 Feb 2024)
- The first recorded sale happened at this postcode is , BEECH HOUSE SPRINGBANK STREET: £158,000 (Sold on 05 Nov 2015)
Semi-Detached
- The average price is around £116,663 median price is £115,000 Standard Deviation is £65,617 with Total Sold: 607
- The Last 5 Year average price is £182,281 with Total Sold: 101
- The most recent sale happened at this postcode is , 17 OAK CLOSE: £290,000 (Sold on 14 Feb 2024)
- The first recorded sale happened at this postcode is , 37 KENSINGTON ROAD: £58,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £36,788 median price is £31,000 Standard Deviation is £22,378 with Total Sold: 25
- The Last 5 Year average price is £75,167 with Total Sold: 3
- The most recent sale happened at this postcode is , 3 WOODFIELD CLOSE: £76,000 (Sold on 07 Mar 2023)
- The first recorded sale happened at this postcode is FLAT 1, 190 FREDERICK STREET: £16,000 (Sold on 08 Mar 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,967	£1,957	9
2023	£134,190	£1,730	21
2022	£147,641	£1,745	43
2021	£134,633	£1,600	41
2020	£130,303	£1,557	50
2019	£104,277	£1,267	42
2018	£93,513	£1,231	41
2017	£103,103	£1,151	50
2016	£76,874	£994	36
2015	£78,862	£928	39
2014	£90,467	£1,077	30
2013	£73,254	£923	33
2012	£86,882	£1,127	17
2011	£89,408	£1,006	25
2010	£99,094	£1,136	55
2009	£87,372	£945	51
2008	£80,085	£928	41
2007	£95,756	£1,178	95
2006	£88,817	£1,104	94
2005	£75,913	£886	69
2004	£62,318	£763	77
2003	£48,420	£549	90
2002	£37,614	£458	89
2001	£30,400	£344	74
2000	£33,362	£366	79
1999	£31,512	£342	61
1998	£30,365	£292	64
1997	£32,184	£334	63
1996	£28,250	£321	47
1995	£25,648	£307	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,000		3
2023	£234,000	£3,092	3
2022	£241,000	£2,695	2
2021	£296,374	£1,923	8
2020	£200,199	£2,148	5
2019	£278,284	£2,125	7
2018	£228,219	£2,251	18
2017	£200,044	£2,078	21
2016	£123,500	£1,898	2
2015	£155,000	£1,425	3
2014	£142,225	£1,578	10
2013	£164,790	£1,607	5
2012	£201,250	£1,607	6
2010	£325,000	£1,575	1
2009	£232,500	£378	2
2008	£268,566	£2,047	6
2007	£246,688	£1,169	8
2005	£260,000	£1,667	2
2004	£156,177	£1,149	5
2003	£142,312	£1,064	8
2002	£89,200	£803	12
2001	£82,278	£565	9
2000	£83,077	£736	5
1999	£77,867	£512	6
1998	£117,267	£797	9
1997	£145,856	£976	8
1996	£79,514	£676	23
1995	£117,742	£954	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£952		1
2023	£159,250		2
2022	£235,078	£1,732	12
2021	£324,166	£4,774	10
2020	£646	£5	4
2019	£175,193	£742	7
2018	£267,491	£1,304	6
2017	£94,825	£1,136	8
2016	£400,000		1
2015	£158,000	£2,290	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,333	£1,453	3
2023	£216,482	£2,496	17
2022	£189,658	£2,242	14
2021	£191,492	£1,893	24
2020	£172,929	£1,722	25
2019	£140,608	£1,472	18
2018	£158,368	£1,740	36
2017	£149,327	£1,776	21
2016	£132,704	£1,643	12
2015	£121,750	£1,555	10
2014	£140,835	£1,516	27
2013	£130,736	£1,508	39
2012	£141,292	£1,247	12
2011	£135,929	£1,473	7
2010	£156,545	£1,388	11
2009	£138,443	£1,492	15
2008	£158,517	£1,532	15
2007	£150,300	£1,350	23
2006	£147,527	£1,496	26
2005	£113,928	£1,335	18
2004	£98,624	£1,063	23
2003	£69,648	£869	27
2002	£62,640	£570	42
2001	£47,818	£530	22
2000	£49,128	£532	23
1999	£47,989	£519	22
1998	£50,858	£487	20
1997	£51,057	£417	14
1996	£46,747	£588	21
1995	£47,902	£508	20

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£76,000		1
2022	£87,000	£1,299	1
2019	£62,500	£1,008	1
2017	£59,000	£1,190	2
2013	£55,000	£1,222	1
2006	£67,500	£1,007	1
2005	£45,975	£1,148	2
2003	£29,917	£550	3
2002	£11,100		2
2001	£11,000	£85	1
2000	£23,260		5
1999	£33,000	£717	1
1998	£24,500	£463	3
1996	£16,000		1

House Type in OL8 4LY area

The most common house types in the OL8 4LY postcode area are Terraced (67), Semi-detached (12), and Detached (4).

Total	87
Terraced	67
Semi-detached	12
Detached	4
commercial building	3
Flat	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (29), and Owned: Owns outright (28).

Private rented: Private landlord or letting agency	29
Owned: Owns outright	28
Owned: Owns with a mortgage or loan	24
Private rented: Other private rented	4
Social rented: Other social 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 OL8 4LY have 2 people in household (22), and 3 people in household (21).

2 people in household	22
3 people in household	21
1 person in household	16
4 people in household	13
5 people in household	7
7 people in household	4
8 or more people in household	2
6 people in household	1
0 people in household	0