OL1 2LZ is a residential postcode situated on Mornington Court, Oldham, OL1 with 14 addresses.
It ranks as the 761st largest and 129th most expensive of the 1,591 postcodes in the OL1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 14 flats.
OL1 2LZ is a residential postcode situated on Mornington Court, Oldham, OL1 with 14 addresses.
It ranks as the 761st largest and 129th most expensive of the 1,591 postcodes in the OL1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 14 flats.
Sale prices range from £96,158 for 1 bedroom Leasehold flats (387 ft2) to £110,160 for 2 bedroom Leasehold flats (505 ft2) .
Monthly rental prices range from £511 pcm for 1 bed flats to £615 pcm for 2 bed flats.
The gross rental yield is between 6.4% and 6.7%.
The average value per square foot is £215.
The current average value in the postcode is £108,159.
The OL1 2LZ Sales Market has increased by 67.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £108,159 |
| April 2025 | 5.8% | £104,683 |
| April 2024 | 1.2% | £98,955 |
| April 2023 | 4.1% | £97,767 |
| April 2022 | 12.4% | £93,912 |
| April 2021 | 11% | £83,526 |
| April 2020 | 4.6% | £75,248 |
| April 2019 | 6.4% | £71,953 |
| April 2018 | 2.5% | £67,639 |
| April 2017 | 2.3% | £66,020 |
| April 2016 | 0.4% | £64,546 |
| April 2015 | 2% | £64,262 |
| April 2014 | 3.2% | £63,012 |
| April 2013 | -0.3% | £61,034 |
| April 2012 | -4.4% | £61,215 |
| April 2011 | -2.3% | £64,031 |
| April 2010 | -2.1% | £65,537 |
| April 2009 | -17.1% | £66,935 |
| April 2008 | 0.9% | £80,707 |
| April 2007 | 0% | £79,969 |
The current average rental value in the postcode is £600.
The OL1 2LZ Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £600pcm |
| April 2025 | 4.2% | £584pcm |
| April 2024 | 11% | £561pcm |
| April 2023 | 10.6% | £505pcm |
| April 2022 | 9.5% | £457pcm |
| April 2021 | 3.1% | £417pcm |
| April 2020 | 3% | £404pcm |
| April 2019 | 1.4% | £393pcm |
| April 2018 | 1.5% | £387pcm |
| April 2017 | 1.7% | £382pcm |
| April 2016 | 2.7% | £375pcm |
| April 2015 | 2.7% | £365pcm |
| April 2014 | 1% | £356pcm |
| April 2013 | 0.1% | £352pcm |
| April 2012 | 0.5% | £352pcm |
| April 2011 | 2% | £350pcm |
| April 2010 | -2.4% | £343pcm |
| April 2009 | -5.8% | £351pcm |
| April 2008 | -0.6% | £373pcm |
| April 2007 | 0% | £375pcm |
OL1 2LZ is the 761st largest and the 129th most expensive postcode out of the 1,591 postcodes in the OL1 area.
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The closest station to OL1 2LZ is Mills Hill (Manchester) station which is 3.5 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around OL1 2LZ, 73.6% of property is socially rented and 14.4% is privately rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around OL1 2LZ, 36.4% of residents are recorded as possessing school level qualifications and 16.4% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around OL1 2LZ, the average age was 32.2 and the most common age was 12.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around OL1 2LZ, 0.2% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around OL1 2LZ, there are an average of 0.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.