Covert Road - OL4 5PJ
Key Postcode Insights
OL4 5PJ is a residential postcode situated on Covert Road, Oldham, OL4 with 32 addresses.
It ranks as the 1322nd largest and 285th 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 32 properties: 29 houses and 3 flats.
- Ave. Sale Price
- £140,612
- 10 Year change
- up 82.2%
- Ave. Rental Price
- £1,012pcm
- 10 Year change
- up 92.7%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Key Postcode Insights
OL4 5PJ is a residential postcode situated on Covert Road, Oldham, OL4 with 32 addresses.
It ranks as the 1322nd largest and 285th 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 32 properties: 29 houses and 3 flats.
- Ave. Sale Price
- £140,612
- 10 Year change
- up 82.2%
- Ave. Rental Price
- £1,012pcm
- 10 Year change
- up 92.7%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Explore Propertiesin OL4 5PJ
- 2 Covert Road
2 Bed Mid-century Flat
- 4 Covert Road
Unknown
- 6 Covert Road
Unknown
- 8 Covert Road
2 Bed Mid-century Flat
- 10 Covert Road
3 Bed Mid-century House
Sales Market Trends
The last sale in OL4 5PJ sold for £91,000 on 6th September 2022. Since then prices are up an average of 17.5%.
The current average value in the postcode is £140,612.
The OL4 5PJ Sales Market has increased by 82.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £140,612 |
| June 2025 | 6.9% | £135,524 |
| June 2024 | 3.6% | £126,723 |
| June 2023 | 3.3% | £122,374 |
| June 2022 | 12% | £118,415 |
| June 2021 | 13.5% | £105,755 |
| June 2020 | 6% | £93,186 |
| June 2019 | 4.8% | £87,892 |
| June 2018 | 5.7% | £83,854 |
| June 2017 | 2.8% | £79,306 |
| June 2016 | 3.1% | £77,179 |
| June 2015 | 2.4% | £74,839 |
| June 2014 | 3% | £73,087 |
| June 2013 | -1% | £70,971 |
| June 2012 | -2.1% | £71,697 |
| June 2011 | -4.3% | £73,266 |
| June 2010 | 0.3% | £76,527 |
| June 2009 | -14.2% | £76,313 |
| June 2008 | -0.1% | £88,966 |
| June 2007 | 0% | £89,019 |
Rental Market Trends
The current average rental value in the postcode is £1,012.
The OL4 5PJ Rental Market has increased by 92.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,012pcm |
| June 2025 | 6.7% | £970pcm |
| June 2024 | 13.6% | £908pcm |
| June 2023 | 11.1% | £800pcm |
| June 2022 | 11.3% | £720pcm |
| June 2021 | 9.6% | £647pcm |
| June 2020 | 3.7% | £591pcm |
| June 2019 | 2.5% | £570pcm |
| June 2018 | 2% | £556pcm |
| June 2017 | 3.7% | £545pcm |
| June 2016 | 3.7% | £525pcm |
| June 2015 | 3.3% | £506pcm |
| June 2014 | 1.2% | £490pcm |
| June 2013 | -0.2% | £484pcm |
| June 2012 | -0.2% | £485pcm |
| June 2011 | 0.3% | £486pcm |
| June 2010 | -0.2% | £485pcm |
| June 2009 | -5.8% | £485pcm |
| June 2008 | 0.7% | £515pcm |
| June 2007 | 0% | £511pcm |
Sales History
The last sale was on 6th September 2022 for £91,000 and since then the market in the area has increased by 17.5%. The postcode has had a total of 16 sales since 1995.
OL4 5PJ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2022£91,000 | 2 Bed Flat8, Covert Road, Oldham, OL4 5PJ8, Covert Road, Oldham, OL4 5PJ
- Sold Jul 2022£160,000 | 3 Bed House12, Covert Road, Oldham, OL4 5PJ12, Covert Road, Oldham, OL4 5PJ
- Sold Jan 2019£95,000 | 3 Bed House10, Covert Road, Oldham, OL4 5PJ10, Covert Road, Oldham, OL4 5PJ
- Sold Jun 2015£82,000 | 3 Bed House16, Covert Road, Oldham, OL4 5PJ16, Covert Road, Oldham, OL4 5PJ
- Sold Feb 2014£89,950 | 3 Bed House30, Covert Road, Oldham, OL4 5PJ30, Covert Road, Oldham, OL4 5PJ
Nearby Postcodes
OL4 5PJ is the 1322nd largest and the 285th most expensive postcode out of the 1,589 postcodes in the OL4 area.
- OL4 5PQ, Wood Crescent, Oldham, OL4OL4 5PQ47 Addresses|70 m away
- OL4 5PH, Covert Road, Oldham, OL4OL4 5PH61 Addresses|93 m away
- OL4 5PG, Wildmoor Avenue, Oldham, OL4OL4 5PG15 Addresses|126 m away
- OL4 5NZ, Wildmoor Avenue, Oldham, OL4OL4 5NZ23 Addresses|208 m away
- OL4 5QB, Course View, Oldham, OL4OL4 5QB24 Addresses|216 m away
Property Types
- 21 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 4 houses of an unknown age
- 5 other addresses of unknown type
- mid-century house (21)
- mid-century flat (2)
- house (4)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (19)
- No EPC (9)
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 School200 m away
- Alt Academy400 m away
- St Agnes CofE Primary School1.1 km away
- Oasis Academy Leesbrook1.1 km away
- St Damian's RC Science College1.9 km away
- Dixons Ashton Academy2.4 km away
More reading links
Public Transport Nearby
The closest station to OL4 5PJ is Mossley (Manchester) station, which is 2.5 kilometres away.
- Mossley (Manchester)|2.5 km away
- Ashton-under-Lyne|4.1 km away
- Greenfield|4.3 km away
- Stalybridge|4.7 km away
