OL8 4LH is a residential postcode situated on Springbank Street, Oldham, OL8 with 5 addresses.
It ranks as the 194th largest and 1452nd most expensive of the 1,657 postcodes in the OL8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
OL8 4LH is a residential postcode situated on Springbank Street, Oldham, OL8 with 5 addresses.
It ranks as the 194th largest and 1452nd most expensive of the 1,657 postcodes in the OL8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £270,638 for 3 bedroom leasehold houses with a garden (775 ft2) to £295,595 for 3 bedroom freehold houses with a garden (882 ft2) .
Monthly rental prices range from £1,259 pcm for 3 bed houses to £1,330 pcm for 3 bed houses.
The gross rental yield is between 5.4% and 5.6%.
The average value per square foot is £342.
The last sale in OL8 4LH sold for £199,000 on 4th April 2025. Since then prices are up an average of 93.6%.
The current average value in the postcode is £278,580.
The OL8 4LH Sales Market has increased by 94.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £278,580 |
| April 2025 | 6.1% | £267,269 |
| April 2024 | 1.8% | £251,878 |
| April 2023 | 5.2% | £247,496 |
| April 2022 | 16.2% | £235,359 |
| April 2021 | 13.5% | £202,586 |
| April 2020 | 5.5% | £178,516 |
| April 2019 | 7.4% | £169,139 |
| April 2018 | 3.1% | £157,445 |
| April 2017 | 6.4% | £152,700 |
| April 2016 | 0.3% | £143,488 |
| April 2015 | 3.3% | £143,117 |
| April 2014 | 5.3% | £138,596 |
| April 2013 | 1.8% | £131,632 |
| April 2012 | -7.4% | £129,366 |
| April 2011 | 0.7% | £139,708 |
| April 2010 | 3% | £138,783 |
| April 2009 | -15.9% | £134,707 |
| April 2008 | 0.9% | £160,133 |
| April 2007 | 0% | £158,741 |
The current average rental value in the postcode is £1,280.
The OL8 4LH Rental Market has increased by 100.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £1,280pcm |
| April 2025 | 7.3% | £1,229pcm |
| April 2024 | 13.1% | £1,146pcm |
| April 2023 | 13.6% | £1,014pcm |
| April 2022 | 10.6% | £892pcm |
| April 2021 | 9% | £807pcm |
| April 2020 | 4.5% | £740pcm |
| April 2019 | 1.9% | £708pcm |
| April 2018 | 6% | £695pcm |
| April 2017 | 2.6% | £656pcm |
| April 2016 | 3.7% | £639pcm |
| April 2015 | 3.6% | £616pcm |
| April 2014 | 2.6% | £595pcm |
| April 2013 | 0.5% | £580pcm |
| April 2012 | 0.5% | £577pcm |
| April 2011 | 1.6% | £574pcm |
| April 2010 | 1.7% | £565pcm |
| April 2009 | -1.7% | £556pcm |
| April 2008 | 0.7% | £566pcm |
| April 2007 | 0% | £562pcm |
The last sale was on 4th April 2025 for £199,000 and since then the market in the area has increased by 93.6%. The postcode has had a total of 13 sales since 1995.
OL8 4LH has seen 4 sales in the last three years and no sales in the last twelve months.
OL8 4LH is the 194th largest and the 1452nd most expensive postcode out of the 1,657 postcodes in the OL8 area.
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The closest station to OL8 4LH is Moston station which is 2.7 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around OL8 4LH, % of property is and % is .
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around OL8 4LH, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around OL8 4LH, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around OL8 4LH, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.