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Property investment stats for Oldham, North West

A complete guide to property investment in Oldham.

Last updated: 18 September 2025

Investment summary

Oldham is a place where affordability stands out, with a price-to-income ratio of 3.8 and a median price per square foot of £186 per sq ft. The area has seen robust house price increases, with capital growth over 1 year at 3.7% and a striking three-year growth of 21.0%. Liquidity is strong too, as homes spend just 33 days on the market, and the typical property sells for its asking price, as shown by a median discount of £0 (the typical achieved discount).

Rental yields are another highlight, with an average of 7.5%, and the top-performing postcode district delivers the same figure. Rents and sale prices for family homes and flats are accessible, with a median asking rent for a 3-bed house of £1,195 and a median sale price for a 2-bed flat of £90,000. For investors seeking value and momentum, Oldham is hard to ignore.

Image of Oldham, North West

Key investment stats for Oldham

Median price per sq ft

£186 / sq ft

Average rental yield

7.5%

Capital growth (1y)

3.7%

Sales in past year

547

* Property stats calculated for last full calendar year (2024).

Live property stats in Oldham

Live prices in Oldham, North West

* Extreme prices clipped for legibility

Properties for sale

Median price

£234,950

25% of properties below...

£172,500

75% of properties below...

£320,000

Most expensive property

£1,950,000

Live listings

217

Median days on market

33

Should you invest in Oldham?

Opportunities

  • The average rental yield of 7.5% and strong demand for rental properties make Oldham attractive for buy-to-let investors.
  • Rapid house price growth, with capital growth over 3 years at 21.0%, suggests there is still momentum in the market.
  • Homes sell quickly and at asking price, as shown by 33 days and a median discount of £0 (the typical achieved discount), indicating strong liquidity for those looking to exit or flip.

Risks

  • The unemployment rate is in the 99th percentile, which means economic challenges could affect tenant stability and long-term capital growth.
  • The proportion of degree-educated and professional residents is low (in the 7th and 3rd percentiles), which may limit demand from higher-earning tenants or buyers.
  • Social rented housing is high, in the 90th percentile, so some neighbourhoods may lack the aspirational feel that attracts owner-occupiers or premium renters.

Outlook

Looking ahead, Oldham’s combination of affordability and strong rental yields should continue to attract investors who value cash flow. The area’s annualised three-year house price growth of 6.6% suggests that while rapid appreciation has been the norm, future growth may be steadier as prices catch up to fundamentals.

Rental demand is likely to remain firm, given the high proportion of families and private renters, and the relative scarcity of owner-occupiers. However, the very high unemployment rate and low proportion of professionals mean that economic shocks or changes in employment could quickly impact both sales and rental markets. Investors should keep an eye on local jobs data, but for now, Oldham offers both value and momentum for those willing to accept a few bumps in the road.

Live properties in Oldham

Investment properties in Oldham, North West

3 bedroom terraced house for sale
15% below median price

£170,000

3 bedroom terraced house for sale

Eastbourne Street, Glodwick, Oldham...

Properties needing refurbishment in Oldham, North West
Needs Refurb
3 bedroom detached house for sale
On market for 177 days

£270,000 - Offers in Excess of

3 bedroom detached house for sale

Rakewood Drive, Moorside, Oldham, O...

Slow to sell properties in Oldham, North West
Slow to Sell
12 bedroom detached house for sale
Reduced by 14%

£1,500,000 - Offers Over

12 bedroom detached house for sale

Greenacres Lodge, Greenacres Road, ...

Big price drop properties in Oldham, North West
Big Price Drop
4 bedroom terraced house for sale
High yield opportunity

£200,000 - Offers in Region of

4 bedroom terraced house for sale

Swinton Street, OLDHAM, Lancashire,...

HMO properties in Oldham, North West
HMO
3 bedroom terraced house for sale
9% local capital growth

£150,000 - Offers Over

3 bedroom terraced house for sale

Lee Street, Coppice, Oldham, OL8

High capital growth properties in Oldham, North West
High Capital Growth
2 bedroom terraced house for sale
37% below median price

£102,000 - Offers Over

2 bedroom terraced house for sale

New Earth Street, Oldham, OL4

Low price-per-sq-ft properties in Oldham, North West
Low Price per Sq Ft

Achieved vs asking prices

Key takeaway: Seller's market

Asking and achieved prices are broadly aligned — little negotiation room on average.

Headline stats

• Median discount: £0

• 1 in 4 properties sell at > £5,000 below asking

• 1 in 10 properties sell at > £11,000 below asking

In percentage terms:

• Median discount of 0.0%

• 25% of properties discounted by > 3.1%

• 10% of properties discounted by > 5.8%

Best places to invest in Oldham

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1OL17.5%3.6%£185 / sq ft
2OL87.4%9.3%£191 / sq ft
3OL47.0%5.3%£232 / sq ft
4OL96.2%3.5%£219 / sq ft

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.