Wells Road - OL1 4RB
Key Postcode Insights
OL1 4RB is a residential postcode situated on Wells Road, Oldham, OL1 with 22 addresses.
It ranks as the 1067th largest and 443rd most expensive of the 1,589 postcodes in the OL1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 15 houses and 7 flats.
- Ave. Sale Price
- £123,537
- 10 Year change
- up 73.8%
- Ave. Rental Price
- £870pcm
- 10 Year change
- up 87.5%
- Ave. £ per ft²
- £159/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Postcode Insights
OL1 4RB is a residential postcode situated on Wells Road, Oldham, OL1 with 22 addresses.
It ranks as the 1067th largest and 443rd most expensive of the 1,589 postcodes in the OL1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 15 houses and 7 flats.
- Ave. Sale Price
- £123,537
- 10 Year change
- up 73.8%
- Ave. Rental Price
- £870pcm
- 10 Year change
- up 87.5%
- Ave. £ per ft²
- £159/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Propertiesin OL1 4RB
- 37 Wells Road
Unknown
- 39 Wells Road
Unknown
- 41 Wells Road
3 Bed Mid-century House
- 43 Wells Road
3 Bed Mid-century House
- 47 Wells Road
Unknown
Sales Market Trends
The last sale in OL1 4RB sold for £130,000 on 6th September 2024. Since then prices are up an average of 8.5%.
The current average value in the postcode is £123,537.
The OL1 4RB Sales Market has increased by 73.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £123,537 |
| June 2025 | 6% | £119,615 |
| June 2024 | 2.4% | £112,863 |
| June 2023 | 3.4% | £110,182 |
| June 2022 | 12.8% | £106,547 |
| June 2021 | 12.7% | £94,459 |
| June 2020 | 5.8% | £83,813 |
| June 2019 | 4.6% | £79,215 |
| June 2018 | 4.5% | £75,715 |
| June 2017 | 1.9% | £72,441 |
| June 2016 | 2.7% | £71,088 |
| June 2015 | 1.8% | £69,240 |
| June 2014 | 4% | £68,041 |
| June 2013 | -1.6% | £65,437 |
| June 2012 | -1.5% | £66,489 |
| June 2011 | -4.9% | £67,519 |
| June 2010 | 0.8% | £71,032 |
| June 2009 | -14.3% | £70,499 |
| June 2008 | -0.3% | £82,257 |
| June 2007 | 0% | £82,544 |
Rental Market Trends
The current average rental value in the postcode is £870.
The OL1 4RB Rental Market has increased by 87.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £870pcm |
| June 2025 | 6.1% | £838pcm |
| June 2024 | 14.2% | £790pcm |
| June 2023 | 10% | £692pcm |
| June 2022 | 11.5% | £629pcm |
| June 2021 | 8.6% | £564pcm |
| June 2020 | 4.1% | £519pcm |
| June 2019 | 2.2% | £499pcm |
| June 2018 | 1.2% | £488pcm |
| June 2017 | 3.9% | £482pcm |
| June 2016 | 2.4% | £464pcm |
| June 2015 | 2.4% | £453pcm |
| June 2014 | 1.2% | £443pcm |
| June 2013 | -0.8% | £438pcm |
| June 2012 | -1% | £441pcm |
| June 2011 | 1.1% | £446pcm |
| June 2010 | -1% | £441pcm |
| June 2009 | -5.6% | £446pcm |
| June 2008 | 1.2% | £472pcm |
| June 2007 | 0% | £467pcm |
Sales History
The last sale was on 6th September 2024 for £130,000 and since then the market in the area has increased by 8.5%. The postcode has had a total of 10 sales since 1995.
OL1 4RB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£130,000 | 3 Bed House77, Wells Road, Oldham, OL1 4RB77, Wells Road, Oldham, OL1 4RB
- Sold Aug 2011£81,000 | 3 Bed House73, Wells Road, Oldham, OL1 4RB73, Wells Road, Oldham, OL1 4RB
- Sold Nov 2007£86,000 | 3 Bed House73, Wells Road, Oldham, OL1 4RB73, Wells Road, Oldham, OL1 4RB
- Sold May 2007£85,000 | 2 Bed House51, Wells Road, Oldham, OL1 4RB51, Wells Road, Oldham, OL1 4RB
- Sold Mar 2003£30,000 | 3 Bed House55, Wells Road, Oldham, OL1 4RB55, Wells Road, Oldham, OL1 4RB
Nearby Postcodes
OL1 4RB is the 1067th largest and the 443rd most expensive postcode out of the 1,589 postcodes in the OL1 area.
- OL1 4QT, Swift Road, Oldham, OL1OL1 4QT14 Addresses|63 m away
- OL1 4RD, Johnson Avenue, Oldham, OL1OL1 4RD17 Addresses|69 m away
- OL1 4QX, Gaskell Rise, Oldham, OL1OL1 4QX19 Addresses|79 m away
- OL1 4RF, Verne Drive, Oldham, OL1OL1 4RF28 Addresses|99 m away
- OL1 4RA, Wells Road, Oldham, OL1OL1 4RA40 Addresses|123 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 6 mid-century flats built between 1936 and 1979
- 8 other addresses of unknown type
- mid-century house (8)
- mid-century flat (6)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (9)
- G (0)
- D (3)
- No EPC (8)
Top 3 Most Expensive Sales
Schools Nearby
- St Thomas Moorside CofE (VA) Primary School300 m away
- Hodge Clough Primary School900 m away
- East Crompton St George's CofE School1.4 km away
- E-ACT Royton and Crompton Academy2.1 km away
- Waterhead Academy2.1 km away
- The Crompton House Church of England Academy2.7 km away
More reading links
Public Transport Nearby
The closest station to OL1 4RB is Greenfield station, which is 5.1 kilometres away.
- Greenfield|5.1 km away
- Mossley (Manchester)|6.4 km away
- Mills Hill (Manchester)|7.0 km away
- Rochdale|7.0 km away