Housing Market Analysis for MEDWAY CLOSE, OL8 4NS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £58,000 median price is £45,000 Standard Deviation is £29,757 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 MEDWAY CLOSE: £108,000 (Sold on 25 Jan 2007)
    • The first recorded sale happened at this postcode is 5 MEDWAY CLOSE: £37,000 (Sold on 06 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average OL8 4NS 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
2007£108,0001
2003£53,0001
1999£34,0001
1998£37,0001

All the Sales in the MEDWAY CLOSE, OL8 4NS

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

AddressSold DatePrice% Change
5 MEDWAY CLOSETerraced, Leasehold25 Jan 2007£108,000191.89%
06 Jul 1998£37,000First Sale
7 MEDWAY CLOSETerraced, Leasehold06 Nov 2003£53,00055.88%
17 May 1999£34,000First Sale

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

MEDWAY CLOSE, OL8 4NS Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £65,757 median price is £60,000 Standard Deviation is £41,285 with Total Sold: 2,290
    • The Last 5 Year average price is £118,933 with Total Sold: 379
    • 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)
  • Semi-Detached
    • The average price is around £97,872 median price is £90,000 Standard Deviation is £55,394 with Total Sold: 455
    • The Last 5 Year average price is £161,084 with Total Sold: 70
    • The most recent sale happened at this postcode is , 18 PARKFIELD AVENUE: £131,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 CARTMEL CLOSE: £39,500 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £99,362 median price is £92,630 Standard Deviation is £72,209 with Total Sold: 63
    • The Last 5 Year average price is £163,461 with Total Sold: 13
    • The most recent sale happened at this postcode is , 49A STANLEY ROAD: £80,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , 56 GRANGE COURT: £25,000 (Sold on 14 Aug 1998)
  • Other
    • The average price is around £312,889 median price is £108,500 Standard Deviation is £800,685 with Total Sold: 65
    • The Last 5 Year average price is £155,460 with Total Sold: 42
    • The most recent sale happened at this postcode is , 45 - 49 STANLEY ROAD: £265,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , HIVE HOUSE HIVE STREET: £65,000 (Sold on 09 Sep 2013)
  • Detached
    • The average price is around £166,948 median price is £175,975 Standard Deviation is £71,247 with Total Sold: 92
    • The Last 5 Year average price is £209,236 with Total Sold: 19
    • The most recent sale happened at this postcode is , 19 CLIVE STREET: £230,000 (Sold on 13 Oct 2023)
    • The first recorded sale happened at this postcode is , WESTLANDS COTTAGE SPRINGBANK STREET: £125,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,438 £1,812 21
2023£131,911 £1,706 54
2022£131,006 £1,703 80
2021£110,489 £1,417 77
2020£123,697 £1,539 63
2019£98,885 £1,232 84
2018£83,681 £1,154 65
2017£83,126 £1,084 61
2016£73,477 £999 66
2015£72,388 £921 63
2014£68,896 £882 55
2013£68,496 £872 45
2012£67,879 £847 26
2011£69,169 £869 37
2010£82,056 £1,045 52
2009£88,754 £937 35
2008£81,335 £1,149 55
2007£92,222 £1,163 130
2006£82,357 £1,069 128
2005£65,320 £859 105
2004£54,363 £677 140
2003£39,576 £491 134
2002£31,447 £409 125
2001£29,568 £371 90
2000£29,709 £346 97
1999£26,584 £326 95
1998£26,230 £323 85
1997£30,687 £356 79
1996£25,750 £321 77
1995£24,325 £295 66
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,000 £1,453 4
2023£186,780 £2,446 15
2022£176,996 £2,277 10
2021£146,419 £1,847 13
2020£152,991 £1,818 18
2019£129,095 £1,431 10
2018£149,710 £1,772 25
2017£126,381 £1,632 22
2016£110,496 £1,692 13
2015£104,056 £1,432 9
2014£140,508 £1,506 19
2013£121,702 £1,408 20
2012£96,000 £1,216 7
2011£96,250 £1,096 6
2010£95,125 £1,070 4
2009£123,125 £1,583 4
2008£140,675 £1,568 14
2007£105,212 £1,387 16
2006£125,089 £1,428 19
2005£94,578 £1,220 18
2004£78,636 £961 23
2003£59,226 £785 21
2002£52,764 £566 32
2001£44,166 £517 18
2000£42,720 £561 21
1999£42,579 £503 19
1998£38,388 £449 16
1997£44,265 £388 13
1996£33,475 £493 16
1995£43,470 £546 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£80,0001
2023£79,0002
2022£88,500 £1,387 2
2021£267,917 £4,301 6
2020£39,999 £755 1
2019£62,500 £1,008 1
2017£58,667 £941 3
2013£55,000 £1,222 1
2012£65,000 £1,048 6
2008£105,823 £1,732 13
2007£104,625 £1,895 8
2006£92,218 £1,505 11
2005£61,950 £1,148 1
2003£36,875 £550 2
2000£31,0002
1999£33,000 £717 1
1998£28,000 £463 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,363 £941 4
2023£132,833 £2,295 3
2022£172,593 £1,763 10
2021£228,575 £3,110 10
2020£29,757 £480 6
2019£164,348 £740 9
2018£154,165 £932 10
2017£1,076,857 £1,136 7
2016£746,5002
2015£502,915 £2,290 2
2014£2,165,0001
2013£65,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£226,000 £2,355 2
2022£243,000 £2,553 3
2021£198,699 £2,461 5
2020£165,998 £2,114 3
2019£217,164 £2,275 6
2018£229,495 £2,132 14
2017£207,551 £2,122 18
2016£123,500 £1,898 2
2015£130,000 £1,646 1
2014£135,725 £1,508 10
2012£167,500 £1,611 1
2009£240,0001
2007£260,4371
2006£52,0001
2005£43,5001
2004£163,000 £1,568 3
2003£72,500 £764 1
2002£65,167 £1,023 3
2001£63,667 £594 3
2000£59,000 £943 1
1999£85,7503
1998£105,000 £1,304 2
1997£54,500 £871 1
1996£59,833 £527 3
1995£76,317 £1,082 3

House Type in OL8 4NS area

The most common house types in the OL8 4NS postcode area are Semi-detached (89), Terraced (80), and Flat (30).

Total209
Semi-detached89
Terraced80
Flat30
Detached8
converted building1
commercial building1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (76), and Social rented: Rents from council or Local Authority (52).

Private rented: Private landlord or letting agency76
Social rented: Rents from council or Local Authority52
Social rented: Other social rented48
Owned: Owns outright15
Owned: Owns with a mortgage or loan14
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the OL8 4NS have 1 person in household (64), and 2 people in household (52).

1 person in household64
2 people in household52
3 people in household36
4 people in household33
5 people in household16
6 people in household4
7 people in household2
8 or more people in household1
0 people in household0