Merton Avenue - OL8 4JE
Key Postcode Insights
OL8 4JE is a residential postcode situated on Merton Avenue, Oldham, OL8 with 42 addresses.
It ranks as the 1484th largest and 872nd most expensive of the 1,657 postcodes in the OL8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 42 properties: 30 houses and 12 other properties.
- Ave. Sale Price
- £173,242
- 10 Year change
- up 93.2%
- Ave. Rental Price
- £1,166pcm
- 10 Year change
- up 101.0%
- Ave. £ per ft²
- £217/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Postcode Insights
OL8 4JE is a residential postcode situated on Merton Avenue, Oldham, OL8 with 42 addresses.
It ranks as the 1484th largest and 872nd most expensive of the 1,657 postcodes in the OL8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 42 properties: 30 houses and 12 other properties.
- Ave. Sale Price
- £173,242
- 10 Year change
- up 93.2%
- Ave. Rental Price
- £1,166pcm
- 10 Year change
- up 101.0%
- Ave. £ per ft²
- £217/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Explore Properties in OL8 4JE
- 1 Merton Avenue
2 Bed Period House
- 2 Merton Avenue
3 Bed Period House
- 3 Merton Avenue
3 Bed Mid-century House
- 4 Merton Avenue
House
- 5 Merton Avenue
3 Bed Period House
Sales Market Trends
The last sale in OL8 4JE sold for £187,000 on 26th February 2026. Since then prices are up an average of 1.8%.
The current average value in the postcode is £173,242.
The OL8 4JE Sales Market has increased by 93.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £173,242 |
| June 2025 | 5.3% | £167,345 |
| June 2024 | 3.3% | £158,945 |
| June 2023 | 3.2% | £153,801 |
| June 2022 | 14.7% | £149,011 |
| June 2021 | 16.2% | £129,880 |
| June 2020 | 5.3% | £111,799 |
| June 2019 | 7.3% | £106,128 |
| June 2018 | 4.1% | £98,866 |
| June 2017 | 5.9% | £94,977 |
| June 2016 | 1.4% | £89,672 |
| June 2015 | 1.1% | £88,399 |
| June 2014 | 5.9% | £87,457 |
| June 2013 | 0.1% | £82,594 |
| June 2012 | -3.9% | £82,488 |
| June 2011 | -2% | £85,862 |
| June 2010 | 3.3% | £87,601 |
| June 2009 | -13.6% | £84,784 |
| June 2008 | -2.6% | £98,120 |
| June 2007 | 0% | £100,784 |
Rental Market Trends
The current average rental value in the postcode is £1,166.
The OL8 4JE Rental Market has increased by 101.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,166pcm |
| June 2025 | 6.1% | £1,120pcm |
| June 2024 | 12.2% | £1,055pcm |
| June 2023 | 14.3% | £941pcm |
| June 2022 | 11.1% | £823pcm |
| June 2021 | 10.3% | £741pcm |
| June 2020 | 4% | £672pcm |
| June 2019 | 3.2% | £646pcm |
| June 2018 | 4.9% | £626pcm |
| June 2017 | 2.9% | £597pcm |
| June 2016 | 3.4% | £580pcm |
| June 2015 | 3.8% | £561pcm |
| June 2014 | 2.7% | £540pcm |
| June 2013 | -0.8% | £526pcm |
| June 2012 | 0.2% | £531pcm |
| June 2011 | 2% | £529pcm |
| June 2010 | 2.4% | £519pcm |
| June 2009 | -1.8% | £507pcm |
| June 2008 | -0.1% | £516pcm |
| June 2007 | 0% | £517pcm |
Sales History
The last recorded sale was on 26th February 2026 for £187,000 and since then the market in the area has increased by 1.8%.
OL8 4JE has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Feb 2026£187,000 | 2 Bed House1, Merton Avenue, Oldham, OL8 4JE1, Merton Avenue, Oldham, OL8 4JE
- Sold Mar 2025£133,000 | 2 Bed House19, Merton Avenue, Oldham, OL8 4JE19, Merton Avenue, Oldham, OL8 4JE
- Sold Aug 2024£135,000 | 2 Bed House28, Merton Avenue, Oldham, OL8 4JE28, Merton Avenue, Oldham, OL8 4JE
Nearby Postcodes
OL8 4JE is the 1484th largest and the 872nd most expensive postcode out of the 1,657 postcodes in the OL8 area.
- OL8 4JD, Repton Avenue, Oldham, OL8OL8 4JD29 Addresses|63 m away
- OL8 4PW, Heron Street, Oldham, OL8OL8 4PW16 Addresses|95 m away
- OL8 4JR, Heron Street, Oldham, OL8OL8 4JR17 Addresses|128 m away
- OL8 4DZ, Wolverton Avenue, Oldham, OL8OL8 4DZ24 Addresses|151 m away
- OL8 4EA, Heron Street, Oldham, OL8OL8 4EA23 Addresses|161 m away
Property Types
- 22 period houses built between 1800 and 1911
- 7 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 12 other addresses of unknown type
- period house (22)
- mid-century house (7)
- house (1)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 29 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (10)
- G (0)
- D (15)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Jul 2008£330,000 | 4 Bed House118, Merton Avenue, Oldham, OL8 4JF118, Merton Avenue, Oldham, OL8 4JF
- Sold Feb 2018£295,000 | 4 Bed House118, Merton Avenue, Oldham, OL8 4JF118, Merton Avenue, Oldham, OL8 4JF
- Sold Nov 2023£225,000 | 4 Bed House76, Merton Avenue, Oldham, OL8 4JF76, Merton Avenue, Oldham, OL8 4JF
Schools Nearby
- Lyndhurst Primary and Nursery School100 m away
- Coppice Primary Academy800 m away
- Oasis Academy Limeside800 m away
- Oasis Academy Oldham300 m away
- The Hathershaw College900 m away
- The Brian Clarke Church of England Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to OL8 4JE is Moston station, which is 3.1 kilometres away.
- Moston|3.1 km away
- Mills Hill (Manchester)|4.2 km away
- Ashton-under-Lyne|4.3 km away
- Mossley (Manchester)|5.6 km away