Residential dwellings
19,666
Addressable residential units in the area (OS AddressBase).
OL2 rents and yields
Asking rent £929/month · Gross yield 4.2% · 12 months, listings to Sep 2026
What is OL2?
OL2: residential dwellings 19,666.
HMO-shaped dwellings
0.1%
OL2 ranks 5th of 7 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 18,295
- Mixed-use buildings
- 84%
- HMO-shaped units
- 5.0%
- EPC A or B
- 6.6%
- EPC D or worse
- 56%
What does OL2 earn?
OL2: asking rent £929/month (12 months to Sep 2026, 279 lets).
Asking rent
£929/month 12 months to Sep 2026
279 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 279 lets.
Gross yield, asking basis
4.2% 12 months to Sep 2026
365 lets
-6.2% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 365 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
62 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does OL2 vary by home size?
Asking rent in OL2 runs from £624/month for 1 bedroom to £1,136/month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £624/month | 12 months to Sep 2026 · 9 of 12 months observed | — | 70 |
| 2 bedrooms | £911/month | 12 months to Sep 2026 | +2.5% on the previous 12 months | 169 |
| 3 bedrooms | £1,136/month | 12 months to Sep 2026 · 11 of 12 months observed | — | 95 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns OL2?
Corporate landlords hold 93% of the 1,502 units in OL2 whose freeholder is classified; 93% of all units are not yet classified.
- Corporate landlords93% of classified · 1,396 units
- Individuals (not traceable in bulk)5.9% of classified · 88 units
- Housing associations0.9% of classified · 14 units
- RMC0.3% of classified · 4 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does OL2 rank?
OL2 ranks 6th of 7 postcode districts in Oldham for asking rent, at £929/month.
Asking rent · postcode districts in Oldham
OL2 ranks 6th of 7 postcode districts in Oldham for asking rent, at £929/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | OL3 | £1,235/month | 12 months to Sep 2026 · from monthly figures | 75 | indicative |
| 2 | OL8 | £1,156/month | 12 months to Sep 2026 · from monthly figures | 184 | measured |
| 3 | OL9 | £1,136/month | 12 months to Sep 2026 · from monthly figures | 175 | measured |
| 4 | M35 | £1,116/month | 12 months to Sep 2026 · from monthly figures | 171 | measured |
| 5 | OL4 | £937/month | 12 months to Sep 2026 · from monthly figures | 190 | measured |
| 6 | OL2 | £929/month | 12 months to Sep 2026 · from monthly figures | 279 | measured |
Gross yield, asking basis · postcode districts in Oldham
OL2 ranks 6th of 7 postcode districts in Oldham for gross yield, asking basis, at 4.2%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | OL8 | 6.1% | 12 months to Sep 2026 · from monthly figures | 268 | measured |
| 2 | OL9 | 5.5% | 12 months to Sep 2026 · from monthly figures | 252 | measured |
| 3 | M35 | 5.2% | 12 months to Sep 2026 · from monthly figures | 507 | measured |
| 4 | OL1 | 4.7% | 12 months to Sep 2026 · from monthly figures | 259 | measured |
| 5 | OL4 | 4.7% | 12 months to Sep 2026 · from monthly figures | 287 | measured |
| 6 | OL2 | 4.2% | 12 months to Sep 2026 · from monthly figures | 365 | measured |
Full table: gross yield, asking basis across postcode districts in Oldham
Where next from OL2?
- OldhamThe wider market this area sits in.
- M35Neighbouring postcode district · Asking £3,066/m² · Sep 2026
- OL1Neighbouring postcode district · Asking £2,536/m² · Sep 2026
- OL3Neighbouring postcode district · Asking £4,073/m² · Sep 2026
- OL4Neighbouring postcode district · Asking £3,062/m² · Sep 2026
- OL8Neighbouring postcode district · Asking £2,339/m² · Sep 2026
- OL9Neighbouring postcode district · Asking £3,170/m² · Sep 2026
- M24Next door, in another authority · Asking £3,208/m² · Sep 2026
- OL11Next door, in another authority · Asking £2,958/m² · Sep 2026
- OL16Next door, in another authority · Asking £2,691/m² · Sep 2026
Questions about OL2
- What is the average rent in OL2?
- Homes to let in OL2 asked a median £929/month over the 12 months to Sep 2026, 279 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in OL2?
- 4.2% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 365 lets. -6.2% on the previous 12 months.
- What kind of homes are in OL2?
- OL2 has 19,666 homes, 0.1% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about OL2
- Property values in OL2Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in OL2Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in OL2What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in OL2What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in OL2Registered completions from Price Paid, newest first.
- Planning applications in OL2What was proposed, who decided it and whether it was approved.
- Estate agents in OL2Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 279 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 365 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |