Milnrow Road - OL2 8BU
Key Postcode Insights
OL2 8BU is a residential postcode situated on Milnrow Road, Shaw, Oldham, OL2 with 23 addresses.
It ranks as the 722nd largest and 814th most expensive of the 1,043 postcodes in the OL2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 14 houses and 9 other properties.
- Ave. Sale Price
- £289,225
- 10 Year change
- up 67.2%
- Ave. Rental Price
- £1,463pcm
- 10 Year change
- up 83.4%
- Ave. £ per ft²
- £238/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
OL2 8BU is a residential postcode situated on Milnrow Road, Shaw, Oldham, OL2 with 23 addresses.
It ranks as the 722nd largest and 814th most expensive of the 1,043 postcodes in the OL2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 14 houses and 9 other properties.
- Ave. Sale Price
- £289,225
- 10 Year change
- up 67.2%
- Ave. Rental Price
- £1,463pcm
- 10 Year change
- up 83.4%
- Ave. £ per ft²
- £238/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Properties in OL2 8BU
- 415 Milnrow Road
House
- 417 Milnrow Road
House
- 419 Milnrow Road
3 Bed Mid-century House
- 421 Milnrow Road
House
- 423 Milnrow Road
House
Sales Market Trends
The last sale in OL2 8BU sold for £192,000 on 26th September 2023. Since then prices are up an average of 7.0%.
The current average value in the postcode is £289,225.
The OL2 8BU Sales Market has increased by 67.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £289,225 |
| June 2025 | 4.2% | £281,639 |
| June 2024 | 0.4% | £270,377 |
| June 2023 | 4.3% | £269,391 |
| June 2022 | 13.9% | £258,389 |
| June 2021 | 12.2% | £226,891 |
| June 2020 | 5.5% | £202,306 |
| June 2019 | 4.5% | £191,790 |
| June 2018 | 3.6% | £183,574 |
| June 2017 | 2.5% | £177,254 |
| June 2016 | 3% | £172,943 |
| June 2015 | 2% | £167,959 |
| June 2014 | 5.2% | £164,632 |
| June 2013 | -1.2% | £156,423 |
| June 2012 | -0.9% | £158,320 |
| June 2011 | -4.2% | £159,781 |
| June 2010 | 4.5% | £166,744 |
| June 2009 | -10.2% | £159,544 |
| June 2008 | -0.5% | £177,751 |
| June 2007 | 0% | £178,606 |
Rental Market Trends
The current average rental value in the postcode is £1,463.
The OL2 8BU Rental Market has increased by 83.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,463pcm |
| June 2025 | 4.9% | £1,416pcm |
| June 2024 | 13% | £1,350pcm |
| June 2023 | 10% | £1,195pcm |
| June 2022 | 11.9% | £1,086pcm |
| June 2021 | 7.9% | £970pcm |
| June 2020 | 4.4% | £899pcm |
| June 2019 | 2% | £862pcm |
| June 2018 | 0.8% | £845pcm |
| June 2017 | 5.1% | £838pcm |
| June 2016 | 1.5% | £798pcm |
| June 2015 | 2% | £786pcm |
| June 2014 | 1.9% | £771pcm |
| June 2013 | -0.6% | £756pcm |
| June 2012 | -1.6% | £761pcm |
| June 2011 | 3% | £773pcm |
| June 2010 | 1.6% | £751pcm |
| June 2009 | -1.3% | £739pcm |
| June 2008 | 1.9% | £749pcm |
| June 2007 | 0% | £735pcm |
Sales History
The last recorded sale was on 26th September 2023 for £192,000 and since then the market in the area has increased by 7.0%.
OL2 8BU has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Sep 2023£192,000 | 3 Bed House451, Milnrow Road, Oldham, OL2 8BU451, Milnrow Road, Oldham, OL2 8BU
- Sold Dec 2022£190,000 | 3 Bed House453, Milnrow Road, Oldham, OL2 8BU453, Milnrow Road, Oldham, OL2 8BU
- Sold Aug 2021£270,000 | 4 Bed House431, Milnrow Road, Oldham, OL2 8BU431, Milnrow Road, Oldham, OL2 8BU
Nearby Postcodes
OL2 8BU is the 722nd largest and the 814th most expensive postcode out of the 1,043 postcodes in the OL2 area.
- OL2 8BS, Newby Drive, Shaw, Oldham, OL2OL2 8BS4 Addresses|3 m away
- OL2 8BT, Rees Crescent, Shaw, Oldham, OL2OL2 8BT37 Addresses|3 m away
- OL2 8BN, Higher Park, Shaw, Oldham, OL2OL2 8BN11 Addresses|139 m away
- OL2 8BL, Milnrow Road, Shaw, Oldham, OL2OL2 8BL27 Addresses|245 m away
- OL2 8DB, Park Parade, Shaw, Oldham, OL2OL2 8DB3 Addresses|266 m away
Property Types
- 2 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 7 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- modern house (2)
- mid-century house (3)
- house (2)
- early-century house (7)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 12 properties.
- The most common rating is D.
- A (2)
- E (3)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Dec 2007£436,500 | 5 Bed House340, Milnrow Road, Oldham, OL2 8BJ340, Milnrow Road, Oldham, OL2 8BJ
- Sold Jun 2018£430,000 | 4 Bed HousePark Barn, Milnrow Road, Oldham, OL2 8BLPark Barn, Milnrow Road, Oldham, OL2 8BL
- Sold Nov 2012£275,000 | 4 Bed HousePark Farm, Milnrow Road, Oldham, OL2 8BLPark Farm, Milnrow Road, Oldham, OL2 8BL
Schools Nearby
- Rushcroft Primary School800 m away
- Buckstones Primary School900 m away
- East Crompton St George's CofE School1.2 km away
- The Crompton House Church of England Academy1.7 km away
- Hollingworth Academy2.2 km away
- E-ACT Royton and Crompton Academy2.8 km away
More reading links
Public Transport Nearby
The closest station to OL2 8BU is Rochdale station, which is 4.8 kilometres away.
- Rochdale|4.8 km away
- Smithy Bridge|4.9 km away
- Littleborough|5.8 km away
- Castleton (Manchester)|5.9 km away