marketcodeAsking rent
£1,107 a month 12 months to Jul 2026
192 lets
Postcode district
OL8 rental market
Asking rent £1,107 a month · Gross yield 6.1% · 12 months, listings to Aug 2026
What is OL8?
- Buildings
- 15,358
- Mixed-use buildings
- 1.2%
- HMO-shaped units
- 29%
What does OL8 earn?
OL8: asking rent £1,107 a month (12 months to Jul 2026, 192 lets).
Gross yield, asking basis
6.1% 12 months to Aug 2026
285 lets
-5.4% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
43 on 19 Sep 2026
How does OL8 vary by home size?
Asking rent in OL8 runs from £959 a month for 2 bedrooms to £1,318 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £959 a month | 12 months to Aug 2026 | -2.4% on the previous 12 months | 138 |
| 3 bedrooms | £1,318 a month | 12 months to Aug 2026 | +6.2% on the previous 12 months | 126 |
| 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 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 3rd of 7 postcode districts in Oldham for asking rent, at £1,107 a month.
Asking rent · postcode districts in Oldham
OL8 ranks 3rd of 7 postcode districts in Oldham for asking rent, at £1,107 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 |
Full table: asking rent across postcode districts in Oldham →
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 | Sample | Tier |
|---|---|---|---|---|
Where next from OL8?
- OldhamThe wider market this area sits in.
- M35Neighbouring postcode district · £2,949/m²
- OL1Neighbouring postcode district · £2,883/m²
- OL2Neighbouring postcode district · £2,868/m²
- OL3Neighbouring postcode district · £4,145/m²
- OL4Neighbouring postcode district · £3,088/m²
- OL9Neighbouring postcode district · £2,974/m²
- OL6Next door, in another authority · £3,063/m²
- OL7Next door, in another authority · £2,818/m²
- M40Next door, in another authority · £3,651/m²
- M43Next door, in another authority · £3,337/m²
- OL5Next door, in another authority · £3,338/m²
- M24Next door, in another authority · £2,626/m²
- Homes for sale in OL8Live sale listings, the same place and cohort.
- Homes to rent in OL8Live lettings, the same place.
- Completed sales in OL8Registered completions, newest first.
- Planning applications in OL8Applications and decisions on record.
- Buildings in OL8Every building with its units, parcel and freeholder.
- Land in OL8Parcels, titles and adjacent ownership.
Questions about OL8
- What is the average rent in OL8?
- Homes to let in OL8 asked a median £1,107 a month over the 12 months to Jul 2026, 192 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 Aug 2026, 285 lets. -5.4% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 192 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 285 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 19 Sep 2026 | 19 Sep 2026 | — |