Imofolio

Oldham · report

Past price cycles in Oldham

Sale prices have fallen by 3% or more 10 times since 1995. The deepest began in December 2007.

Deepest fall
−21.9%
Recovery from the low
57 months

Prices in Oldham and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Oldham
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodOldhamUnited Kingdom
Aug 2026591.8534.7
Jul 2026594.6532.9
Jun 2026589.1530.1
May 2026587.2533.1
Apr 2026579.4530.6
Mar 2026575.4526.0
Feb 2026576.6527.6
Jan 2026580.1526.4
Dec 2025586.4524.8
Nov 2025582.3529.6
Oct 2025583.9528.4
Sep 2025573.5527.8
Aug 2025565.8529.8
Jul 2025565.1526.5
Jun 2025556.8522.4
May 2025563.2517.1
Apr 2025555.4509.5
Mar 2025565.9524.8
Feb 2025557.5518.5
Jan 2025549.8518.8
Dec 2024536.0517.0
Nov 2024529.0518.0
Oct 2024527.8519.4
Sep 2024526.7518.4
Aug 2024528.0519.1
Jul 2024518.4514.0
Jun 2024509.2508.3
May 2024502.8506.3
Apr 2024502.5502.2
Mar 2024505.2499.5
Feb 2024502.7498.6
Jan 2024504.0501.2
Dec 2023504.5501.6
Nov 2023504.8505.9
Oct 2023505.6509.4
Sep 2023505.3511.7
Aug 2023505.5514.2
Jul 2023498.7511.4
Jun 2023494.8505.8
May 2023491.9503.9
Apr 2023497.9502.2
Mar 2023496.3501.1
Feb 2023500.2506.8
Jan 2023499.2511.0
Dec 2022508.4515.4
Nov 2022509.2519.5
Oct 2022501.6520.3
Sep 2022494.6520.3
Aug 2022489.1519.2
Jul 2022487.3514.8
Jun 2022480.1505.4
May 2022475.7499.4
Apr 2022475.7493.8
Mar 2022472.9488.0
Feb 2022470.1486.2
Jan 2022465.4485.7
Dec 2021452.8480.1
Nov 2021452.1477.7
Oct 2021446.7468.5
Sep 2021444.3480.5
Aug 2021443.6466.8
Jul 2021436.8453.1
Jun 2021437.2475.4
May 2021432.2451.4
Apr 2021430.1448.4
Mar 2021429.4455.2
Feb 2021418.7448.6
Jan 2021415.2447.3
Dec 2020409.4447.3
Nov 2020402.7443.9
Oct 2020391.6439.4
Sep 2020379.7435.7
Aug 2020377.1431.1
Jul 2020376.7426.9
Jun 2020378.2423.4
May 2020371.1417.6
Apr 2020374.9415.5
Mar 2020367.9419.7
Feb 2020373.0416.0
Jan 2020370.8418.4
Dec 2019375.0418.1
Nov 2019371.9418.7
Oct 2019366.5420.2
Sep 2019366.7421.3
Aug 2019360.7421.0
Jul 2019356.4419.6
Jun 2019354.4415.0
May 2019349.0413.2
Apr 2019345.4412.6
Mar 2019342.8409.7
Feb 2019344.4410.8
Jan 2019351.0411.8
Dec 2018352.0414.4
Nov 2018359.8415.3
Oct 2018357.1417.1
Sep 2018354.6417.5
Aug 2018346.2418.3
Jul 2018339.9417.0
Jun 2018333.9411.9
May 2018331.6409.2
Apr 2018327.6407.5
Mar 2018329.8403.7
Feb 2018328.8406.1
Jan 2018336.0405.0
Dec 2017339.8406.5
Nov 2017344.8404.9
Oct 2017337.8406.0
Sep 2017334.5405.7
Aug 2017329.6407.2
Jul 2017330.8405.4
Jun 2017326.5400.2
May 2017323.2396.8
Apr 2017323.2394.4
Mar 2017321.0388.3
Feb 2017323.1389.1
Jan 2017319.5388.3
Dec 2016317.3388.7
Nov 2016314.1388.0
Oct 2016316.3386.2
Sep 2016320.4387.5
Aug 2016318.7388.1
Jul 2016315.9388.1
Jun 2016310.3384.0
May 2016304.1380.4
Apr 2016298.8376.0
Mar 2016299.9374.6
Feb 2016303.8370.8
Jan 2016305.9370.6
Dec 2015301.3369.6
Nov 2015297.9368.4
Oct 2015297.8365.6
Sep 2015302.3365.1
Aug 2015301.4364.3
Jul 2015299.0361.0
Jun 2015290.6355.0
May 2015289.2352.3
Apr 2015287.4348.5
Mar 2015290.2345.5
Feb 2015292.4344.2
Jan 2015288.9343.9
Dec 2014290.9345.7
Nov 2014291.1344.9
Oct 2014296.7346.1
Sep 2014295.9346.6
Aug 2014296.8346.2
Jul 2014296.9342.2
Jun 2014298.4337.5
May 2014293.5334.6
Apr 2014286.1331.1
Mar 2014282.8323.9
Feb 2014284.6322.7
Jan 2014283.7321.4
Dec 2013283.2321.0
Nov 2013279.8318.1
Oct 2013281.7316.4
Sep 2013279.3317.7
Aug 2013283.3317.4
Jul 2013275.1314.9
Jun 2013275.7311.4
May 2013272.9308.9
Apr 2013282.9307.3
Mar 2013271.8304.3
Feb 2013266.9302.5
Jan 2013268.4302.5
Dec 2012278.9304.6
Nov 2012283.0305.3
Oct 2012282.4305.0
Sep 2012280.3307.2
Aug 2012277.9308.3
Jul 2012272.4307.9
Jun 2012274.9306.7
May 2012274.1303.8
Apr 2012276.1302.8
Mar 2012268.8299.3
Feb 2012270.9298.5
Jan 2012275.5299.3
Dec 2011282.1301.3
Nov 2011280.1302.6
Oct 2011273.8302.5
Sep 2011277.4305.8
Aug 2011278.2306.6
Jul 2011284.3306.4
Jun 2011281.2302.6
May 2011281.0302.1
Apr 2011277.7303.4
Mar 2011281.6298.8
Feb 2011289.8300.2
Jan 2011291.6301.8
Dec 2010295.3304.3
Nov 2010292.3304.9
Oct 2010300.0308.5
Sep 2010298.8312.0
Aug 2010305.0312.8
Jul 2010302.4312.8
Jun 2010299.9309.7
May 2010292.0308.2
Apr 2010291.4306.7
Mar 2010289.3302.8
Feb 2010297.1302.8
Jan 2010295.1302.1
Dec 2009295.4303.2
Nov 2009290.8301.2
Oct 2009288.4300.2
Sep 2009287.8298.2
Aug 2009285.9295.9
Jul 2009286.0293.0
Jun 2009288.1287.8
May 2009280.8285.0
Apr 2009286.2281.1
Mar 2009273.4278.6
Feb 2009288.1280.3
Jan 2009285.9283.6
Dec 2008306.5290.3
Nov 2008303.2294.8
Oct 2008311.2303.4
Sep 2008309.7309.6
Aug 2008317.6317.6
Jul 2008317.2324.4
Jun 2008322.6328.0
May 2008322.7332.4
Apr 2008330.1330.4
Mar 2008332.6329.8
Feb 2008336.1332.2
Jan 2008335.4335.1
Dec 2007341.7341.3
Nov 2007338.0341.8
Oct 2007334.1342.0
Sep 2007324.4342.8
Aug 2007324.1342.3
Jul 2007324.9340.4
Jun 2007324.7336.1
May 2007322.6332.5
Apr 2007316.6328.7
Mar 2007314.0322.2
Feb 2007321.4319.8
Jan 2007323.5318.8
Dec 2006321.7319.0
Nov 2006313.0315.0
Oct 2006308.2313.4
Sep 2006305.3311.6
Aug 2006300.2310.3
Jul 2006295.8307.7
Jun 2006291.2303.4
May 2006281.1300.5
Apr 2006277.8297.7
Mar 2006279.0291.4
Feb 2006286.4289.0
Jan 2006280.8288.6
Dec 2005276.0289.0
Nov 2005271.0287.4
Oct 2005274.7286.6
Sep 2005269.4287.1
Aug 2005267.6287.6
Jul 2005263.5286.4
Jun 2005255.2282.8
May 2005245.3280.6
Apr 2005240.0277.6
Mar 2005241.2273.7
Feb 2005241.8271.5
Jan 2005236.8271.7
Dec 2004234.7271.9
Nov 2004228.5273.9
Oct 2004228.9274.3
Sep 2004227.5272.3
Aug 2004229.6272.8
Jul 2004221.4269.7
Jun 2004214.8264.1
May 2004198.2259.5
Apr 2004190.8256.4
Mar 2004180.9245.3
Feb 2004183.5244.7
Jan 2004180.8247.1
Dec 2003178.4245.6
Nov 2003173.8240.9
Oct 2003173.3243.6
Sep 2003171.4239.4
Aug 2003168.3240.2
Jul 2003162.8236.0
Jun 2003158.4231.9
May 2003153.8231.4
Apr 2003152.6233.0
Mar 2003153.0227.6
Feb 2003152.6222.8
Jan 2003148.9225.2
Dec 2002146.3226.8
Nov 2002144.4219.5
Oct 2002145.1217.3
Sep 2002144.5215.7
Aug 2002142.9210.6
Jul 2002140.1206.0
Jun 2002134.2204.4
May 2002132.3196.4
Apr 2002127.5191.4
Mar 2002127.5188.9
Feb 2002125.7182.5
Jan 2002125.7176.1
Dec 2001124.4176.7
Nov 2001123.1176.7
Oct 2001122.0176.7
Sep 2001121.8180.3
Aug 2001122.5180.3
Jul 2001120.9180.3
Jun 2001122.0174.1
May 2001117.7174.1
Apr 2001116.1174.1
Mar 2001113.6168.0
Feb 2001115.1168.0
Jan 2001116.4168.0
Dec 2000113.6168.9
Nov 2000112.0168.9
Oct 2000112.5168.9
Sep 2000113.7164.0
Aug 2000112.6164.0
Jul 2000111.8164.0
Jun 2000111.2161.0
May 2000110.3161.0
Apr 2000108.3161.0
Mar 2000104.6152.6
Feb 2000106.8152.6
Jan 2000109.9152.6
Dec 1999113.8148.8
Nov 1999114.2148.8
Oct 1999113.6148.8
Sep 1999110.8145.1
Aug 1999108.2145.1
Jul 1999104.6145.1
Jun 1999105.9137.1
May 1999105.3137.1
Apr 1999104.8137.1
Mar 1999104.2131.5
Feb 1999104.7131.5
Jan 1999106.3131.5
Dec 1998107.8130.7
Nov 1998108.4130.7
Oct 1998108.5130.7
Sep 1998106.8131.3
Aug 1998107.3131.3
Jul 1998107.4131.3
Jun 1998107.6125.8
May 1998105.7125.8
Apr 1998104.7125.8
Mar 1998103.3119.5
Feb 1998103.8119.5
Jan 1998103.5119.5
Dec 1997103.8116.5
Nov 1997105.5116.5
Oct 1997106.6116.5
Sep 1997106.3117.4
Aug 1997105.0117.4
Jul 1997104.6117.4
Jun 1997104.5111.7
May 1997103.3111.7
Apr 1997102.6111.7
Mar 1997101.8109.5
Feb 1997102.4109.5
Jan 199799.7109.5
Dec 1996101.2108.0
Nov 1996101.6108.0
Oct 1996103.8108.0
Sep 1996102.2106.2
Aug 1996102.2106.2
Jul 1996101.4106.2
Jun 1996101.4102.2
May 199698.4102.2
Apr 199699.8102.2
Mar 199698.5102.1
Feb 1996100.2102.1
Jan 199699.3102.1
Dec 1995100.0100.6
Nov 199598.5100.6
Oct 199598.6100.6
Sep 199599.8102.0
Aug 1995102.0102.0
Jul 1995101.4102.0
Jun 1995102.8101.1
May 1995101.5101.1
Apr 1995103.1101.1
Mar 1995101.3100.0
Feb 1995102.3100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
April 1995May 1996−4.6%135
October 1996January 1997−4.0%35
October 1997March 1998−3.0%53
October 1998March 1999−4.0%56
November 1999March 2000−8.3%410
February 2006April 2006−3.0%22
December 2007February 2013−21.9%6257
November 2017April 2018−5.0%54
November 2018March 2019−4.7%45
November 2022May 2023−3.4%614

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Oldham

Sale prices have an 80% chance of landing between £216,680 and £241,458 by August 2027.

Expected, August 2027
£229,069
Chance of a rise
89%

At the average sale price, a home costs £217,214. With 10% down and a 30-year mortgage, the payment is £1,002 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
18%
Payment, one income
35%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£951
Owning per month
£1,023

5.3% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
390
Per 1,000 residents
1.5

Figures for United Kingdom: Oldham has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 1,179 while 570 homes were finished: 2.1 new residents for every new home.

New residents per new home, 2025
2.1
Population change, 2025
+1,179

4.7% of the 97,849 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.7%
Empty homes
4,595

In 2025, 11% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
11%