OL3 5RE is a residential postcode situated on Thurston Clough Road, Dobcross, Oldham, OL3 with 10 addresses.
It ranks as the 449th largest and 817th most expensive of the 931 postcodes in the OL3 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
OL3 5RE is a residential postcode situated on Thurston Clough Road, Dobcross, Oldham, OL3 with 10 addresses.
It ranks as the 449th largest and 817th most expensive of the 931 postcodes in the OL3 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
Sale prices range from £312,114 for 3 bedroom freehold houses with a garden (1,022 ft2) to £977,864 for 5 bedroom freehold houses with a garden (3,035 ft2) .
Monthly rental prices range from £1,325 pcm for 3 bed houses to £2,969 pcm for 5 bed houses.
The gross rental yield is between 3.5% and 5.1%.
The average value per square foot is £325.
The last sale in OL3 5RE sold for £485,000 on 22nd February 2021. Since then prices are up an average of 29.9%.
The current average value in the postcode is £618,607.
The OL3 5RE Sales Market has increased by 64.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £618,607 |
| April 2025 | 5.7% | £595,942 |
| April 2024 | 0.5% | £563,892 |
| April 2023 | 4.5% | £561,168 |
| April 2022 | 10.8% | £536,984 |
| April 2021 | 10.9% | £484,841 |
| April 2020 | 3.9% | £437,113 |
| April 2019 | 3% | £420,867 |
| April 2018 | 3.3% | £408,661 |
| April 2017 | 5% | £395,759 |
| April 2016 | 3.3% | £376,868 |
| April 2015 | 4.2% | £364,923 |
| April 2014 | 3.7% | £350,199 |
| April 2013 | 3.8% | £337,744 |
| April 2012 | -0.6% | £325,346 |
| April 2011 | -2.1% | £327,263 |
| April 2010 | 1.6% | £334,360 |
| April 2009 | -11.8% | £328,975 |
| April 2008 | 3% | £372,812 |
| April 2007 | 0% | £361,848 |
The current average rental value in the postcode is £2,004.
The OL3 5RE Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £2,004pcm |
| April 2025 | 3.1% | £1,959pcm |
| April 2024 | 7.7% | £1,899pcm |
| April 2023 | 10.7% | £1,764pcm |
| April 2022 | 9.4% | £1,593pcm |
| April 2021 | 3.5% | £1,456pcm |
| April 2020 | 2.8% | £1,408pcm |
| April 2019 | 1.6% | £1,370pcm |
| April 2018 | 0% | £1,348pcm |
| April 2017 | 3.6% | £1,348pcm |
| April 2016 | 4.7% | £1,301pcm |
| April 2015 | 3.5% | £1,243pcm |
| April 2014 | 2.3% | £1,201pcm |
| April 2013 | 3.7% | £1,174pcm |
| April 2012 | 1.5% | £1,132pcm |
| April 2011 | 3% | £1,114pcm |
| April 2010 | 3.7% | £1,082pcm |
| April 2009 | -4.9% | £1,043pcm |
| April 2008 | -0.8% | £1,097pcm |
| April 2007 | 0% | £1,107pcm |
The last sale was on 22nd February 2021 for £485,000 and since then the market in the area has increased by 29.9%. The postcode has had a total of 5 sales since 1995.
OL3 5RE has seen no sales in the last three years and no sales in the last twelve months.
OL3 5RE is the 449th largest and the 817th most expensive postcode out of the 931 postcodes in the OL3 area.
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The closest station to OL3 5RE is Greenfield station which is 2.7 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 OL3 5RE, 42.0% of property is privately owned with a mortgage and 40.6% is privately owned outright.
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 OL3 5RE, 19.8% of residents are recorded as possessing school level qualifications and 40.5% 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 OL3 5RE, the average age was 45.6 and the most common age was 52.
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 OL3 5RE, 2.0% 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 OL3 5RE, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.