Market outlook for OL9
Key indicators for buyers
The OL9 market is moderately favourable for buyers. Prices have softened (-13.1%), which could present a buying opportunity. Rising rents (£899/mo, +10.9%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Oldham area
A home in Oldham costs 6.1x the local median salary — moderate, improving from a peak of 6.3x in 2022.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Oldham area
Average monthly rent in Oldham is £899, up 10.9% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Oldham price of £175,750 with a 25% deposit (£44k), a 2-year fixed mortgage at 3.97% costs around £694 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses OL9 avg. price with Oldham rental data
Monthly mortgage payments (£694) are £205 less than renting (£899). However, buying requires an upfront deposit of £44k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
25, RYDAL AVENUE, CHADDERTON OL9 0RB | Semi-detached | £199,000 | 27 Jan 2026 |
344, DENTON LANE, CHADDERTON OL9 8QE | Terraced | £143,000 | 16 Jan 2026 |
25, BUTTERWORTH STREET, CHADDERTON OL9 0JL | Terraced | £137,000 | 16 Jan 2026 |
41, DENTON LANE, CHADDERTON OL9 9EA | Terraced | £142,500 | 9 Jan 2026 |
77, CHADDERTON PARK ROAD, CHADDERTON OL9 0PQ | Semi-detached | £251,000 | 9 Jan 2026 |
10, STOTT ROAD, CHADDERTON OL9 9PX | Semi-detached | £182,000 | 8 Jan 2026 |
5, WARWICK STREET OL9 7BA |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.