OL4 2LT

OL4 2LTHouse Prices / North West, Oldham, Rakewood Drive

Last updated May 2026

Key Postcode Insights

OL4 2LT is a residential postcode situated on Rakewood Drive, Oldham, OL4 with 36 addresses.

It ranks as the 1394th largest and 1293rd most expensive of the 1,591 postcodes in the OL4 area. The dominant property type is a mid-century house built between 1936 and 1979.

The postcode contains a total of 36 properties: 36 houses.

36
Properties
  • Houses

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House Pricesin OL4 2LT

Sale prices range from £254,054 for 2 bedroom leasehold houses with a garden (731 ft2) to £414,161 for 4 bedroom leasehold houses with a garden (1,689 ft2) .

Monthly rental prices range from £1,155 pcm for 2 bed houses to £1,861 pcm for 4 bed houses.

The gross rental yield is between 5.3% and 5.5%.

The average value per square foot is £339.

Average Sale Value
£301,280
Average Rental Value
£1,356 pcm
Average Rental Yield
5.4% /year
Average Value Per Sqft
£339 /ft2
Prices last updated 1st May 2026
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Explore Propertiesin OL4 2LT, Rakewood Drive, Oldham, OL4

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Sales History
in OL4 2LT

The last sale was on 11th December 2024 for £315,000 and since then the market in the area has increased by 5.6%. The postcode has had a total of 29 sales since 1995.

OL4 2LT has seen 1 sale in the last three years and no sales in the last twelve months.

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Nearby Postcodesto OL4 2LT

OL4 2LT is the 1394th largest and the 1293rd most expensive postcode out of the 1,591 postcodes in the OL4 area.

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Property Typesin OL4 2LT

  • 1 modern house built after 1980
  • 10 mid-century houses built between 1936 and 1979
  • 2 houses of an unknown age
  • 23 other addresses of unknown type
  • modern house (1)
  • mid-century house (10)
  • house (2)
  • Unknown (23)
Energy Efficiency

Energy Efficiencyof properties in OL4 2LT

  • Energy Performance Certificate (EPC) surveys conducted for 11 properties.
  • The dominant rating is C.
  • A (0)
  • E (1)
  • B (1)
  • F (0)
  • C (5)
  • G (0)
  • D (4)
  • No EPC (25)
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Schools Nearby

Schools Nearbyto OL4 2LT

The nearest primary school to OL4 2LT is St Thomas Moorside CofE (VA) Primary School which is 370 metres away.
  • 370
    m
    St Thomas Moorside CofE (VA) Primary School
  • 638
    m
    Hodge Clough Primary School
  • 1.7
    km
    Woodlands Primary Academy
The nearest secondary school is Waterhead Academy which is 1.7 kilometres away.
  • 1.7
    km
    Waterhead Academy
  • 2.2
    km
    E-ACT Royton and Crompton Academy
  • 3.1
    km
    The Crompton House Church of England Academy
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto OL4 2LT

The closest station to OL4 2LT is Greenfield station which is 4.7 kilometres away.

  • 4.7
    km
    Greenfield
  • 5.9
    km
    Mossley (Manchester)
  • 7.0
    km
    Mills Hill (Manchester)
  • 7.4
    km
    Rochdale
Source: National Rail
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