marketcodeAsking rent
£924 a month 12 months to Jul 2026
268 lets
Postcode district
OL2 rental market
Asking rent £924 a month · Gross yield 4.3% · 12 months, listings to Aug 2026
What is OL2?
- Buildings
- 18,137
- Mixed-use buildings
- 82%
- HMO-shaped units
- 5.0%
What does OL2 earn?
OL2: asking rent £924 a month (12 months to Jul 2026, 268 lets).
Gross yield, asking basis
4.3% 12 months to Aug 2026
361 lets
-6% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
54 on 21 Sep 2026
How does OL2 vary by home size?
Asking rent in OL2 runs from £638 a month for 1 bedroom to £1,134 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £638 a month | 12 months to Jul 2026 | — | 92 |
| 2 bedrooms | £911 a month | 12 months to Aug 2026 | +2.9% on the previous 12 months | 166 |
| 3 bedrooms | £1,134 a month | 12 months to Jul 2026 | +1.9% on the previous 12 months | 103 |
| 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, over the last 12 observed 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 £924 a month.
Asking rent · postcode districts in Oldham
OL2 ranks 6th of 7 postcode districts in Oldham for asking rent, at £924 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | OL3 | £1,215 a month | 77 | indicative |
| 2 | OL9 | £1,110 a month | 168 | measured |
| 3 | OL8 | £1,107 a month | 192 | measured |
| 4 | M35 | £1,076 a month | 176 | measured |
| 5 | OL4 | £938 a month | 189 | measured |
| 6 | OL2 | £924 a month | 268 | measured |
Full table: asking rent across postcode districts in Oldham →
Gross yield, asking basis · postcode districts in Oldham
OL2 ranks 6th of 7 postcode districts in Oldham for gross yield, asking basis, at 4.3%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | OL8 | 6.1% | 285 | measured |
| 2 | OL9 | 5.5% | 244 | measured |
| 3 | M35 | 5.3% | 507 | measured |
| 4 | OL4 | 4.7% | 288 | measured |
| 5 | OL1 | 4.7% | 259 | measured |
| 6 | OL2 | 4.3% | 361 | 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 · £2,949/m²
- OL1Neighbouring postcode district · £2,883/m²
- OL3Neighbouring postcode district · £4,145/m²
- OL4Neighbouring postcode district · £3,088/m²
- OL8Neighbouring postcode district · £2,570/m²
- OL9Neighbouring postcode district · £2,974/m²
- M24Next door, in another authority · £2,626/m²
- OL11Next door, in another authority · £2,862/m²
- OL16Next door, in another authority · £3,038/m²
Questions about OL2
- What is the average rent in OL2?
- Homes to let in OL2 asked a median £924 a month over the 12 months to Jul 2026, 268 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in OL2?
- 4.3% 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 Aug 2026, 361 lets. -6% on the previous 12 months.
Everything else about OL2
- Properties in OL2Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in OL2Footprints, heights and the units inside them.
- Land and plots in OL2Registered parcels with their area, tenure and what stands on them.
- Homes for sale in OL2What is on the market right now, with the evidence beside each asking price.
- Homes to rent in OL2What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in OL2Registered completions from Price Paid, newest first.
- Planning applications in OL2What was proposed, who decided it and whether it was approved.
- Estate agents active in OL2Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 268 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 361 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |