Postcode OL4 2RE is located in a major urban area, within the Waterhead area of Oldham in the North West region, and forms part of the Waterhead area. It has high deprivation and average crime levels, with around 65.6 crimes per 1,000 residents per year, about 40% below the North West average of 109 per 1,000. The average income per household in Waterhead is £35,879 per year. The median sale price in Waterhead is £178,000 (around £208 per square foot), with typical sale prices between £136,750 and £227,475. The nearest station is Derker (Manchester Metrolink), about 0.8 miles away. There are 12 primary and 1 secondary schools in the area. There is 1 park nearby, the closest medium park is Waterhead Park.
Waterhead has a high level of deprivation, ranked at position 12,460 out of 32,844 areas in England, placing it within the top 38% most deprived areas in England.
Waterhead has an average crime rate, with approximately 65.6 reported incidents per 1,000 population each year.
Approximately 0.8% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 31.6% of dwellings are socially rented.
The average income per household in Waterhead is £35,879 per year.
No significant noise sources from railways or roads near OL4 2RE.
Waterhead near OL4 2RE has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.
The nearest station is Derker (Manchester Metrolink) located about 0.8 miles away. There are 1 stations nearby.
| Distance | Name | Lines | Directions |
|---|---|---|---|
| 0.8 mi | Derker (Manchester Metrolink) | Metrolink | Walking directions to Derker (Manchester Metrolink) |
| Distance | Name | Size | Directions |
|---|---|---|---|
| 0.1 mi | Waterhead Park | Medium | Walking directions to Waterhead Park |
Based on 99 recent sales, the median property price is £178,000 (about £208 per square foot) in Waterhead area, with individual transactions ranging from £50,000 up to £480,000.
| Type | Sales | Median | £/sq ft |
|---|---|---|---|
| Detached | 18 | £330,000 | £262 |
| Semi-Detached | 26 | £202,500 | £255 |
| Terraced | 55 | £140,000 | £167 |
Sale price
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £191,500 | £65,000 | £151,500 | £75,000 |
| 2017 | £231,995 | £261,995 | £143,250 | £70,500 |
| 2018 | £198,500 | £184,998 | £128,500 | £72,500 |
| 2019 | £237,500 | £50,000 | £140,000 | £80,000 |
| 2020 | £309,995 | £73,000 | £150,000 | £81,000 |
| 2021 | £314,995 | £80,000 | £175,000 | £106,000 |
| 2022 | £302,500 | £125,000 | £190,000 | £120,000 |
| 2023 | £280,000 | £130,000 | £200,000 | £132,500 |
| 2024 | £275,000 | £175,000 | £190,000 | £135,000 |
| 2025 | £325,000 | £87,500 | £210,000 | £142,500 |
| 2026 | £325,000 | — | £200,000 | £134,750 |
Price per sq ft
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £204 | £118 | £161 | £86 |
| 2017 | £208 | £221 | £167 | £82 |
| 2018 | £198 | £153 | £159 | £86 |
| 2019 | £226 | £97 | £163 | £94 |
| 2020 | £249 | £113 | £163 | £94 |
| 2021 | £254 | £141 | £204 | £125 |
| 2022 | £266 | £235 | £224 | £143 |
| 2023 | £264 | £201 | £232 | £161 |
| 2024 | £284 | £239 | £240 | £159 |
| 2025 | £273 | £167 | £241 | £176 |
| 2026 | £280 | — | £249 | £151 |
There were 50+ recent sold properties in the last 18 months near OL4 2RE.
| Date | Address | Type | Tenure | Price | Map |
|---|---|---|---|---|---|
| 18 Aug 2026 | 16, Watersheddings Way, Oldham, OL4 2RE | Semi-Detached | Leasehold | £245,000 | |
| 29 Aug 2025 | 30, Watersheddings Way, Oldham, OL4 2RE | Terraced | Leasehold | £190,000 | |
| 13 Nov 2025 | 9, Adlington Street, Oldham, OL4 2QY | Terraced | Leasehold | £82,000 | |
| 16 Jul 2025 | 13, Adlington Street, Oldham, OL4 2QY | Terraced | Leasehold | £95,000 | |
| 28 May 2025 | 7, Adlington Street, Oldham, OL4 2QY | Terraced | Leasehold | £125,500 |
In the OL4 2RE postcode area, located within Waterhead, there are 12 primary and 1 secondary schools in close proximity.
Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s inspection details to see the full breakdown.
| Distance | Phase | Name | Type | Rating | Links |
|---|---|---|---|---|---|
| 0.2 mi | Primary | Woodlands Primary Academy | Academy sponsor led | Area360 rating. Inspected 11 Mar 2025. | |
| 0.2 mi | Not applicable | The Grove Partnership | Pupil referral unit | Ofsted rating. Inspected 25 Feb 2020. | |
| 0.2 mi | Primary | Littlemoor Primary School | Academy converter | Ofsted rating. Inspected 25 Jun 2024. | |
7 nearby supermarkets & convenience stores within 0.5 mi of OL4 2RE
| Distance | Name | Address | Directions |
|---|---|---|---|
| 0.1 mi | Price Cutters | 271 Ripponden Road, Oldham, OL1 4HR | Walking directions to Price Cutters |
| 0.2 mi | Shaz Mini Market | 381 Huddersfield Road, Oldham, OL4 2RJ | Walking directions to Shaz Mini Market |
| 0.2 mi | Nisa Local | Huddersfield Road, Oldham, OL4 2HN | Walking directions to Nisa Local |
| 0.3 mi | Asda | Huddersfield Road, Oldham, OL4 2RB | Walking directions to Asda |
| 0.3 mi | Go Local | 461 Huddersfield Road, Oldham, OL4 2HT | Walking directions to Go Local |
Annual council tax rates for Oldham district.
Council tax bands are based on the value of your property. Most homes fall into bands A to D.
Elected local representatives for OL4 2RE, including ward councillors and the local member of parliament.
Paul Taylor
Waterhead - Elected 7 May 2026
Debbie Abrahams
Oldham East and Saddleworth - Elected 4 Jul 2024
The area around OL4 2RE records about 66 crimes per 1,000 residents per year, which is a average crime rate for England: it scores 6 out of 10 on the Area360 crime scale, where 10 is the highest crime level. Across North West as a whole the rate is about 109 per 1,000. The most common offences locally are violence and sexual offences, anti-social behaviour and public order.
The median sale price around OL4 2RE in Waterhead is £178,000 (about £208 per square foot) based on 99 registered sales according to HM Land Registry data.
There are 15 schools close to OL4 2RE, including Woodlands Primary Academy (Requires improvement), The Grove Partnership (Good) and Littlemoor Primary School (Requires improvement). Ratings are official Ofsted judgements or Area360 summaries of the latest available inspection grades.
The closest station to OL4 2RE is Derker (Manchester Metrolink), about 1,293 m away, serving the Metrolink line.
OL4 2RE scores 7 out of 10 on the deprivation scale, where 10 is the most deprived. Its neighbourhood ranks 12,460 of 32,844 in England on the official Index of Multiple Deprivation (rank 1 is the most deprived).
The Member of Parliament for Oldham East and Saddleworth covering OL4 2RE is Debbie Abrahams (Labour Party), elected at the 2024 general election. The area is represented by 1 local councillor: Paul Taylor (Reform UK).