Residential dwellings
16,641
Addressable residential units in the area (OS AddressBase).
OL8 rents and yields
Asking rent £1,156/month · Gross yield 6.1% · 12 months, listings to Sep 2026
What is OL8?
OL8: residential dwellings 16,641.
HMO-shaped dwellings
0.3%
OL8 has the highest 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
- 15,406
- Mixed-use buildings
- 1.2%
- HMO-shaped units
- 29%
- EPC A or B
- 9.2%
- EPC D or worse
- 49%
What does OL8 earn?
OL8: asking rent £1,156/month (12 months to Sep 2026, 184 lets).
Asking rent
£1,156/month 12 months to Sep 2026
184 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, 184 lets.
Gross yield, asking basis
6.1% 12 months to Sep 2026
268 lets
-5.6% 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, 268 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
42 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 OL8 vary by home size?
Asking rent in OL8 runs from £956/month for 2 bedrooms to £1,332/month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £956/month | 12 months to Sep 2026 · 11 of 12 months observed | — | 114 |
| 3 bedrooms | £1,332/month | 12 months to Sep 2026 · 11 of 12 months observed | — | 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, 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 OL8?
Corporate landlords hold 92% of the 845 units in OL8 whose freeholder is classified; 95% of all units are not yet classified.
- Corporate landlords92% of classified · 775 units
- Individuals (not traceable in bulk)6.0% of classified · 51 units
- Housing associations2.2% of classified · 19 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 OL8 rank?
OL8 ranks 2nd of 7 postcode districts in Oldham for asking rent, at £1,156/month.
Asking rent · postcode districts in Oldham
OL8 ranks 2nd of 7 postcode districts in Oldham for asking rent, at £1,156/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
OL8 ranks 1st of 7 postcode districts in Oldham for gross yield, asking basis, at 6.1%.
| # | 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 |
Full table: gross yield, asking basis across postcode districts in Oldham
Where next from OL8?
- 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
- OL3Neighbouring postcode district · Asking £4,073/m² · Sep 2026
- OL4Neighbouring postcode district · Asking £3,062/m² · Sep 2026
- OL9Neighbouring postcode district · Asking £3,170/m² · Sep 2026
- OL6Next door, in another authority · Asking £2,854/m² · Sep 2026
- OL7Next door, in another authority · Asking £2,822/m² · Sep 2026
- M40Next door, in another authority · Asking £3,372/m² · Sep 2026
- M43Next door, in another authority · Asking £3,227/m² · Sep 2026
- OL5Next door, in another authority · Asking £2,924/m² · Sep 2026
- M24Next door, in another authority · Asking £3,208/m² · Sep 2026
Questions about OL8
- What is the average rent in OL8?
- Homes to let in OL8 asked a median £1,156/month over the 12 months to Sep 2026, 184 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in OL8?
- 6.1% 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, 268 lets. -5.6% on the previous 12 months.
- What kind of homes are in OL8?
- OL8 has 16,641 homes, 0.3% 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 OL8
- Property values in OL8Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in OL8Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in OL8What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in OL8What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in OL8Registered completions from Price Paid, newest first.
- Planning applications in OL8What was proposed, who decided it and whether it was approved.
- Estate agents in OL8Who 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 | 184 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 268 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |