Covert Road - OL4 5PH
Key Postcode Insights
OL4 5PH is a residential postcode situated on Covert Road, Oldham, OL4 with 61 addresses.
It ranks as the 1568th largest and 488th most expensive of the 1,589 postcodes in the OL4 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 61 properties: 49 houses and 12 flats.
- Ave. Sale Price
- £152,204
- 10 Year change
- up 82.2%
- Ave. Rental Price
- £1,037pcm
- 10 Year change
- up 92.7%
- Ave. £ per ft²
- £316/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Key Postcode Insights
OL4 5PH is a residential postcode situated on Covert Road, Oldham, OL4 with 61 addresses.
It ranks as the 1568th largest and 488th most expensive of the 1,589 postcodes in the OL4 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 61 properties: 49 houses and 12 flats.
- Ave. Sale Price
- £152,204
- 10 Year change
- up 82.2%
- Ave. Rental Price
- £1,037pcm
- 10 Year change
- up 92.7%
- Ave. £ per ft²
- £316/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Explore Propertiesin OL4 5PH
- 1 Covert Road
2 Bed Mid-century House
- 3 Covert Road
2 Bed Mid-century House
- 5 Covert Road
2 Bed Mid-century House
- 7 Covert Road
2 Bed Mid-century House
- 9 Covert Road
2 Bed Mid-century House
Sales Market Trends
The last sale in OL4 5PH sold for £113,400 on 26th August 2025. Since then prices are up an average of 6.7%.
The current average value in the postcode is £152,204.
The OL4 5PH Sales Market has increased by 82.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £152,204 |
| June 2025 | 6.9% | £146,696 |
| June 2024 | 3.6% | £137,170 |
| June 2023 | 3.3% | £132,462 |
| June 2022 | 12% | £128,177 |
| June 2021 | 13.5% | £114,474 |
| June 2020 | 6% | £100,869 |
| June 2019 | 4.8% | £95,138 |
| June 2018 | 5.7% | £90,767 |
| June 2017 | 2.8% | £85,844 |
| June 2016 | 3.1% | £83,541 |
| June 2015 | 2.4% | £81,008 |
| June 2014 | 3% | £79,112 |
| June 2013 | -1% | £76,822 |
| June 2012 | -2.1% | £77,608 |
| June 2011 | -4.3% | £79,306 |
| June 2010 | 0.3% | £82,836 |
| June 2009 | -14.2% | £82,604 |
| June 2008 | -0.1% | £96,300 |
| June 2007 | 0% | £96,357 |
Rental Market Trends
The current average rental value in the postcode is £1,037.
The OL4 5PH Rental Market has increased by 92.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,037pcm |
| June 2025 | 6.7% | £993pcm |
| June 2024 | 13.6% | £931pcm |
| June 2023 | 11.1% | £819pcm |
| June 2022 | 11.3% | £738pcm |
| June 2021 | 9.6% | £663pcm |
| June 2020 | 3.7% | £605pcm |
| June 2019 | 2.5% | £583pcm |
| June 2018 | 2% | £569pcm |
| June 2017 | 3.7% | £558pcm |
| June 2016 | 3.7% | £538pcm |
| June 2015 | 3.3% | £519pcm |
| June 2014 | 1.2% | £502pcm |
| June 2013 | -0.2% | £496pcm |
| June 2012 | -0.2% | £497pcm |
| June 2011 | 0.3% | £498pcm |
| June 2010 | -0.2% | £496pcm |
| June 2009 | -5.8% | £497pcm |
| June 2008 | 0.7% | £528pcm |
| June 2007 | 0% | £524pcm |
Sales History
The last sale was on 26th August 2025 for £113,400 and since then the market in the area has increased by 6.7%. The postcode has had a total of 15 sales since 1995.
OL4 5PH has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£113,400 | 2 Bed House63, Covert Road, Oldham, OL4 5PH63, Covert Road, Oldham, OL4 5PH
- Sold Feb 2025£160,000 | 2 Bed House53, Covert Road, Oldham, OL4 5PH53, Covert Road, Oldham, OL4 5PH
- Sold May 2023£150,000 | 2 Bed House59, Covert Road, Oldham, OL4 5PH59, Covert Road, Oldham, OL4 5PH
- Sold Jan 2023£145,000 | 2 Bed House51, Covert Road, Oldham, OL4 5PH51, Covert Road, Oldham, OL4 5PH
- Sold Dec 2021£180,500 | 3 Bed House55, Covert Road, Oldham, OL4 5PH55, Covert Road, Oldham, OL4 5PH
Nearby Postcodes
OL4 5PH is the 1568th largest and the 488th most expensive postcode out of the 1,589 postcodes in the OL4 area.
- OL4 5PQ, Wood Crescent, Oldham, OL4OL4 5PQ47 Addresses|68 m away
- OL4 5PJ, Covert Road, Oldham, OL4OL4 5PJ32 Addresses|93 m away
- OL4 5PG, Wildmoor Avenue, Oldham, OL4OL4 5PG15 Addresses|125 m away
- OL4 5NZ, Wildmoor Avenue, Oldham, OL4OL4 5NZ23 Addresses|171 m away
- OL4 5NY, Lavender Road, Oldham, OL4OL4 5NY41 Addresses|214 m away
Property Types
- 5 modern houses built after 1980
- 34 mid-century houses built between 1936 and 1979
- 10 mid-century flats built between 1936 and 1979
- 3 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 8 other addresses of unknown type
- modern house (5)
- mid-century house (34)
- mid-century flat (10)
- house (3)
- early-century house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 50 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (20)
- G (0)
- D (28)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Feb 2018£180,915 | 2 Bed House47, Covert Road, Oldham, OL4 5PH47, Covert Road, Oldham, OL4 5PH
- Sold Dec 2021£180,500 | 3 Bed House55, Covert Road, Oldham, OL4 5PH55, Covert Road, Oldham, OL4 5PH
- Sold Jul 2022£160,000 | 3 Bed House12, Covert Road, Oldham, OL4 5PJ12, Covert Road, Oldham, OL4 5PJ
Schools Nearby
- St Hugh's CofE Primary School100 m away
- Alt Academy400 m away
- Roundthorn Primary Academy1.1 km away
- Oasis Academy Leesbrook1.0 km away
- St Damian's RC Science College1.9 km away
- The Hathershaw College2.4 km away
More reading links
Public Transport Nearby
The closest station to OL4 5PH is Mossley (Manchester) station, which is 2.6 kilometres away.
- Mossley (Manchester)|2.6 km away
- Ashton-under-Lyne|4.1 km away
- Greenfield|4.3 km away
- Stalybridge|4.8 km away