Magnolia Gardens - OL8 1HW
Key Postcode Insights
OL8 1HW is a residential postcode situated on Magnolia Gardens, Oldham, OL8 with 37 addresses.
It ranks as the 1402nd largest and 1374th most expensive of the 1,657 postcodes in the OL8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 37 houses.
- Ave. Sale Price
- £252,898
- 10 Year change
- up 87.3%
- Ave. Rental Price
- £1,430pcm
- 10 Year change
- up 95.5%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
OL8 1HW is a residential postcode situated on Magnolia Gardens, Oldham, OL8 with 37 addresses.
It ranks as the 1402nd largest and 1374th most expensive of the 1,657 postcodes in the OL8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 37 houses.
- Ave. Sale Price
- £252,898
- 10 Year change
- up 87.3%
- Ave. Rental Price
- £1,430pcm
- 10 Year change
- up 95.5%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin OL8 1HW
- 2 Magnolia Gardens
5 Bed Modern House
- 4 Magnolia Gardens
5 Bed Modern House
- 6 Magnolia Gardens
5 Bed Modern House
- 8 Magnolia Gardens
5 Bed Modern House
- 12 Magnolia Gardens
4 Bed Modern House
Sales Market Trends
The last sale in OL8 1HW sold for £190,000 on 22nd December 2021. Since then prices are up an average of 22.7%.
The current average value in the postcode is £252,898.
The OL8 1HW Sales Market has increased by 87.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £252,898 |
| June 2025 | 4.9% | £245,776 |
| June 2024 | 3% | £234,370 |
| June 2023 | 3.4% | £227,549 |
| June 2022 | 14.2% | £220,139 |
| June 2021 | 15.5% | £192,773 |
| June 2020 | 5.3% | £166,915 |
| June 2019 | 7% | £158,576 |
| June 2018 | 4.1% | £148,183 |
| June 2017 | 5.4% | £142,365 |
| June 2016 | 1.5% | £135,018 |
| June 2015 | 1.1% | £132,964 |
| June 2014 | 5.8% | £131,572 |
| June 2013 | 0% | £124,385 |
| June 2012 | -3.5% | £124,408 |
| June 2011 | -1.8% | £128,855 |
| June 2010 | 3.8% | £131,265 |
| June 2009 | -12.9% | £126,502 |
| June 2008 | -2.6% | £145,208 |
| June 2007 | 0% | £149,039 |
Rental Market Trends
The current average rental value in the postcode is £1,430.
The OL8 1HW Rental Market has increased by 95.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,430pcm |
| June 2025 | 5.6% | £1,382pcm |
| June 2024 | 12.1% | £1,309pcm |
| June 2023 | 14.1% | £1,167pcm |
| June 2022 | 10.9% | £1,023pcm |
| June 2021 | 9.8% | £923pcm |
| June 2020 | 3.8% | £841pcm |
| June 2019 | 3% | £810pcm |
| June 2018 | 4.4% | £786pcm |
| June 2017 | 2.9% | £753pcm |
| June 2016 | 3.4% | £731pcm |
| June 2015 | 3.6% | £708pcm |
| June 2014 | 2.6% | £683pcm |
| June 2013 | -0.7% | £666pcm |
| June 2012 | 0.4% | £670pcm |
| June 2011 | 2.3% | £668pcm |
| June 2010 | 2.8% | £652pcm |
| June 2009 | -1.2% | £635pcm |
| June 2008 | -0.1% | £643pcm |
| June 2007 | 0% | £644pcm |
Sales History
The last sale was on 22nd December 2021 for £190,000 and since then the market in the area has increased by 22.7%. The postcode has had a total of 13 sales since 1995.
OL8 1HW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2021£190,000 | 5 Bed House56, Magnolia Gardens, Oldham, OL8 1HW56, Magnolia Gardens, Oldham, OL8 1HW
- Sold Oct 2018£169,000 | 4 Bed House48, Magnolia Gardens, Oldham, OL8 1HW48, Magnolia Gardens, Oldham, OL8 1HW
- Sold Aug 2018£169,000 | 4 Bed House42, Magnolia Gardens, Oldham, OL8 1HW42, Magnolia Gardens, Oldham, OL8 1HW
- Sold Jul 2018£168,000 | 4 Bed House46, Magnolia Gardens, Oldham, OL8 1HW46, Magnolia Gardens, Oldham, OL8 1HW
- Sold May 2018£169,000 | 4 Bed House40, Magnolia Gardens, Oldham, OL8 1HW40, Magnolia Gardens, Oldham, OL8 1HW
Nearby Postcodes
OL8 1HW is the 1402nd largest and the 1374th most expensive postcode out of the 1,657 postcodes in the OL8 area.
- OL8 1HU, Magnolia Gardens, Oldham, OL8OL8 1HU12 Addresses|38 m away
- OL8 1HX, Magnolia Gardens, Oldham, OL8OL8 1HX8 Addresses|60 m away
- OL8 1HS, Tay Close, Oldham, OL8OL8 1HS19 Addresses|65 m away
- OL8 1HP, Minor Street, Oldham, OL8OL8 1HP2 Addresses|68 m away
- OL8 1HJ, Primrose Walk, Oldham, OL8OL8 1HJ7 Addresses|69 m away
Property Types
- 37 modern houses built after 1980
- modern house (37)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 37 properties.
- The most common rating is B.
- A (4)
- E (0)
- B (33)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2017£200,000 | 5 Bed House32, Magnolia Gardens, Oldham, OL8 1HW32, Magnolia Gardens, Oldham, OL8 1HW
- Sold Dec 2021£190,000 | 5 Bed House56, Magnolia Gardens, Oldham, OL8 1HW56, Magnolia Gardens, Oldham, OL8 1HW
- Sold Dec 2017£184,500 | 5 Bed House54, Magnolia Gardens, Oldham, OL8 1HW54, Magnolia Gardens, Oldham, OL8 1HW
Schools Nearby
- St Thomas CofE Primary School300 m away
- Werneth Primary School400 m away
- Coppice Primary Academy400 m away
- The Brian Clarke Church of England Academy900 m away
- The Hathershaw College1.4 km away
- Oasis Academy Oldham1.4 km away
More reading links
Public Transport Nearby
The closest station to OL8 1HW is Moston station, which is 3.8 kilometres away.
- Moston|3.8 km away
- Mills Hill (Manchester)|4.0 km away
- Ashton-under-Lyne|5.1 km away
- Mossley (Manchester)|5.5 km away
