OL8 4LP is a residential postcode situated on Heron Street, Oldham, OL8 with 53 addresses.
It ranks as the 1585th largest and 511th most expensive of the 1,657 postcodes in the OL8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 53 properties: 49 houses and 4 flats.
OL8 4LP is a residential postcode situated on Heron Street, Oldham, OL8 with 53 addresses.
It ranks as the 1585th largest and 511th most expensive of the 1,657 postcodes in the OL8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 53 properties: 49 houses and 4 flats.
Sale prices range from £93,072 for 2 bedroom leasehold flats (699 ft2) to £213,130 for 5 bedroom leasehold houses with a garden (2,077 ft2) .
Monthly rental prices range from £682 pcm for 2 bed flats to £1,392 pcm for 5 bed houses.
The gross rental yield is between 7.6% and 10.1%.
The average value per square foot is £154.
The last sale in OL8 4LP sold for £148,000 on 28th February 2025. Since then prices are up an average of 6.2%.
The current average value in the postcode is £150,219.
The OL8 4LP Sales Market has increased by 81.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £150,219 |
| April 2025 | 5.2% | £146,093 |
| April 2024 | 2.4% | £138,907 |
| April 2023 | 4.2% | £135,706 |
| April 2022 | 14.6% | £130,181 |
| April 2021 | 12.6% | £113,601 |
| April 2020 | 5.6% | £100,910 |
| April 2019 | 6.9% | £95,573 |
| April 2018 | 2.2% | £89,384 |
| April 2017 | 5.8% | £87,454 |
| April 2016 | -0.1% | £82,628 |
| April 2015 | 2.7% | £82,687 |
| April 2014 | 5% | £80,480 |
| April 2013 | 1.2% | £76,653 |
| April 2012 | -7.1% | £75,720 |
| April 2011 | 0.7% | £81,511 |
| April 2010 | 2.8% | £80,923 |
| April 2009 | -17.2% | £78,749 |
| April 2008 | 0% | £95,138 |
| April 2007 | 0% | £95,130 |
The current average rental value in the postcode is £1,004.
The OL8 4LP Rental Market has increased by 87.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,004pcm |
| April 2025 | 6.3% | £977pcm |
| April 2024 | 13.7% | £919pcm |
| April 2023 | 12.6% | £808pcm |
| April 2022 | 9.1% | £718pcm |
| April 2021 | 8.1% | £658pcm |
| April 2020 | 4.5% | £609pcm |
| April 2019 | 1.4% | £582pcm |
| April 2018 | 5.1% | £574pcm |
| April 2017 | 2.1% | £546pcm |
| April 2016 | 3.4% | £535pcm |
| April 2015 | 3% | £518pcm |
| April 2014 | 2.3% | £503pcm |
| April 2013 | 0% | £491pcm |
| April 2012 | 0.8% | £491pcm |
| April 2011 | 1.7% | £488pcm |
| April 2010 | 1.4% | £480pcm |
| April 2009 | -3.2% | £473pcm |
| April 2008 | -0.1% | £489pcm |
| April 2007 | 0% | £490pcm |
The last sale was on 28th February 2025 for £148,000 and since then the market in the area has increased by 6.2%. The postcode has had a total of 64 sales since 1995.
OL8 4LP has seen 3 sales in the last three years and no sales in the last twelve months.
OL8 4LP is the 1585th largest and the 511th most expensive postcode out of the 1,657 postcodes in the OL8 area.
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The closest station to OL8 4LP is Moston station which is 2.7 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around OL8 4LP, % 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 4LP, 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 4LP, 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 4LP, 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.