Residential dwellings
7,709
Addressable residential units in the area (OS AddressBase).
OL3 rents and yields
Asking rent £1,235/month · Gross yield 4.1% · 12 months, listings to Sep 2026
What is OL3?
OL3: residential dwellings 7,709.
HMO-shaped dwellings
0.0%
OL3 has the lowest HMO-shaped dwellings of the 7 neighbouring postcode districts compared.
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
- 6,579
- Mixed-use buildings
- 2.2%
- HMO-shaped units
- 0.0%
- EPC A or B
- 8.9%
- EPC D or worse
- 58%
What does OL3 earn?
OL3: asking rent £1,235/month (12 months to Sep 2026, 75 lets).
Asking rent
£1,235/month 12 months to Sep 2026
75 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, 75 lets.
Gross yield, asking basis
4.1% 12 months to Sep 2026
106 lets
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, 106 lets. Observations cover 10 of 12 months in this window.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
27 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.
Who owns OL3?
Corporate landlords hold 88% of the 266 units in OL3 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords88% of classified · 235 units
- Individuals (not traceable in bulk)9.4% of classified · 25 units
- RMC1.1% of classified · 3 units
- Housing associations1.1% of classified · 3 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 OL3 rank?
OL3 ranks 1st of 7 postcode districts in Oldham for asking rent, at £1,235/month.
Asking rent · postcode districts in Oldham
OL3 ranks 1st of 7 postcode districts in Oldham for asking rent, at £1,235/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 |
Gross yield, asking basis · postcode districts in Oldham
OL3 ranks 7th of 7 postcode districts in Oldham for gross yield, asking basis, at 4.1%.
| # | 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 |
| 7 | OL3 | 4.1% | 12 months to Sep 2026 · from monthly figures · 10 of 12 months observed | 106 | measured |
Full table: gross yield, asking basis across postcode districts in Oldham
Where next from OL3?
- 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
- OL2Neighbouring postcode district · Asking £3,026/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
- HD7Next door, in another authority · Asking £2,808/m² · Sep 2026
- HD9Next door, in another authority · Asking £3,544/m² · Sep 2026
- HX6Next door, in another authority · Asking £2,805/m² · Sep 2026
- OL16Next door, in another authority · Asking £2,691/m² · Sep 2026
- OL5Next door, in another authority · Asking £2,924/m² · Sep 2026
- SK13Next door, in another authority · Asking £3,580/m² · Sep 2026
Questions about OL3
- What is the average rent in OL3?
- Homes to let in OL3 asked a median £1,235/month over the 12 months to Sep 2026, 75 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in OL3?
- 4.1% 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, 106 lets.
- What kind of homes are in OL3?
- OL3 has 7,709 homes, 0.0% 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 OL3
- Property values in OL3Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in OL3Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in OL3What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in OL3What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in OL3Registered completions from Price Paid, newest first.
- Planning applications in OL3What was proposed, who decided it and whether it was approved.
- Estate agents in OL3Who 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 | 75 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 106 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |