Derwent Drive - OL2 7YE
Key Postcode Insights
OL2 7YE is a residential postcode situated on Derwent Drive, Shaw, Oldham, OL2 with 37 addresses.
It ranks as the 926th largest and 106th most expensive of the 1,043 postcodes in the OL2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 37 properties: 8 houses and 29 flats.
- Ave. Sale Price
- £146,750
- 10 Year change
- up 62.5%
- Ave. Rental Price
- £938pcm
- 10 Year change
- up 79.0%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
OL2 7YE is a residential postcode situated on Derwent Drive, Shaw, Oldham, OL2 with 37 addresses.
It ranks as the 926th largest and 106th most expensive of the 1,043 postcodes in the OL2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 37 properties: 8 houses and 29 flats.
- Ave. Sale Price
- £146,750
- 10 Year change
- up 62.5%
- Ave. Rental Price
- £938pcm
- 10 Year change
- up 79.0%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Propertiesin OL2 7YE
- 1 Derwent Drive
2 Bed House
- 3 Derwent Drive
2 Bed Mid-century Flat
- 5 Derwent Drive
2 Bed Mid-century Flat
- 7 Derwent Drive
2 Bed Period Flat
- 9 Derwent Drive
2 Bed Early-century Flat
Sales Market Trends
The last sale in OL2 7YE sold for £150,000 on 27th February 2026. Since then prices are up an average of 0.7%.
The current average value in the postcode is £146,750.
The OL2 7YE Sales Market has increased by 62.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £146,750 |
| June 2025 | 4.5% | £143,560 |
| June 2024 | 1.3% | £137,340 |
| June 2023 | 3.4% | £135,534 |
| June 2022 | 13.3% | £131,058 |
| June 2021 | 11% | £115,675 |
| June 2020 | 6.5% | £104,180 |
| June 2019 | 4.4% | £97,856 |
| June 2018 | 2.4% | £93,727 |
| June 2017 | 1.3% | £91,549 |
| June 2016 | 2.6% | £90,333 |
| June 2015 | 1.6% | £88,062 |
| June 2014 | 5% | £86,708 |
| June 2013 | -1.7% | £82,605 |
| June 2012 | -1.1% | £84,039 |
| June 2011 | -5.3% | £85,005 |
| June 2010 | 2% | £89,756 |
| June 2009 | -13.8% | £87,967 |
| June 2008 | -0.7% | £102,086 |
| June 2007 | 0% | £102,817 |
Rental Market Trends
The current average rental value in the postcode is £938.
The OL2 7YE Rental Market has increased by 79.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £938pcm |
| June 2025 | 5.1% | £913pcm |
| June 2024 | 14.6% | £868pcm |
| June 2023 | 8.9% | £757pcm |
| June 2022 | 11.2% | £695pcm |
| June 2021 | 6.9% | £626pcm |
| June 2020 | 5.2% | £585pcm |
| June 2019 | 1.8% | £556pcm |
| June 2018 | 0.2% | £547pcm |
| June 2017 | 4% | £545pcm |
| June 2016 | 0.9% | £524pcm |
| June 2015 | 1.5% | £519pcm |
| June 2014 | 1.4% | £512pcm |
| June 2013 | -1.2% | £505pcm |
| June 2012 | -1.9% | £511pcm |
| June 2011 | 1.8% | £521pcm |
| June 2010 | -0.8% | £512pcm |
| June 2009 | -5.2% | £516pcm |
| June 2008 | 1.6% | £544pcm |
| June 2007 | 0% | £536pcm |
Sales History
The last sale was on 27th February 2026 for £150,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 15 sales since 1995.
OL2 7YE has seen 4 sales in the last three years and 4 sales in the last twelve months.
- Sold Feb 2026£150,000 | 2 Bed Flat59, Derwent Drive, Oldham, OL2 7YE59, Derwent Drive, Oldham, OL2 7YE
- Sold Nov 2025£120,000 | 2 Bed Flat41, Derwent Drive, Oldham, OL2 7YE41, Derwent Drive, Oldham, OL2 7YE
- Sold Nov 2025£115,000 | 2 Bed Flat63, Derwent Drive, Oldham, OL2 7YE63, Derwent Drive, Oldham, OL2 7YE
- Sold Aug 2025£140,000 | 2 Bed Flat33, Derwent Drive, Oldham, OL2 7YE33, Derwent Drive, Oldham, OL2 7YE
- Sold Sep 2016£70,000 | 2 Bed Flat3, Derwent Drive, Oldham, OL2 7YE3, Derwent Drive, Oldham, OL2 7YE
Nearby Postcodes
OL2 7YE is the 926th largest and the 106th most expensive postcode out of the 1,043 postcodes in the OL2 area.
- OL2 7XT, Derwent Drive, Shaw, Oldham, OL2OL2 7XT22 Addresses|42 m away
- OL2 7XL, Langden Close, Shaw, Oldham, OL2OL2 7XL21 Addresses|44 m away
- OL2 7YF, Eden Way, Shaw, Oldham, OL2OL2 7YF16 Addresses|102 m away
- OL2 7XN, Bourne Road, Shaw, Oldham, OL2OL2 7XN8 Addresses|112 m away
- OL2 7XS, Welland Road, Shaw, Oldham, OL2OL2 7XS14 Addresses|120 m away
Property Types
- 1 period flat built between 1800 and 1911
- 5 mid-century houses built between 1936 and 1979
- 19 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 flat of an unknown age
- 4 early-century flats built between 1912 and 1935
- 6 other addresses of unknown type
- period flat (1)
- mid-century house (5)
- mid-century flat (19)
- house (1)
- flat (1)
- early-century flat (4)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (18)
- G (0)
- D (11)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Oct 2025£260,000 | 3 Bed House26, Derwent Drive, Oldham, OL2 7XT26, Derwent Drive, Oldham, OL2 7XT
- Sold Jun 2025£216,000 | 2 Bed House48, Derwent Drive, Oldham, OL2 7XT48, Derwent Drive, Oldham, OL2 7XT
- Sold Dec 2021£200,000 | 3 Bed House38, Derwent Drive, Oldham, OL2 7XT38, Derwent Drive, Oldham, OL2 7XT
Schools Nearby
- Rushcroft Primary School400 m away
- Beal Vale Primary School500 m away
- St Mary's CofE Primary School High Crompton600 m away
- The Crompton House Church of England Academy500 m away
- E-ACT Royton and Crompton Academy1.8 km away
- St Cuthbert's Roman Catholic High School, a Voluntary Academy2.6 km away
More reading links
Public Transport Nearby
The closest station to OL2 7YE is Rochdale station, which is 4.5 kilometres away.
- Rochdale|4.5 km away
- Castleton (Manchester)|5.1 km away
- Smithy Bridge|5.4 km away
- Mills Hill (Manchester)|6.0 km away
