Oldham has several live new-build schemes that can affect resale pricing. Hartshead View by Countryside Homes sits off Fir Tree Road, OL8 2LL, just south of the town centre, with phases off Rosary Road and Fir Tree Avenue. Its 2, 3 and 4 bedroom mews, semi-detached and detached homes were priced at £299,995-£349,995. A nearby seller should ask any agent how they would position an existing home against those new-build specifications.
Higher-priced developments set a different benchmark. Bishop Meadows by Redrow at Greencroft Meadow, Royton, OL2 6LQ, was priced at £530,000-£630,000 for 3, 4 and 5 bedroom homes. Broadstone Manor in Diggle, on Huddersfield Road, OL3 5NU, had homes from £176,000 to £810,000, including apartments and detached houses. These sites widen the Oldham market beyond the town-centre average.
Several schemes sit in or near established residential areas. Haven View by Cube Homes on Haven Lane, Moorside, OL4 2BF and OL4 2QQ, includes 3 and 4 bedroom detached houses from £325,000 to £475,000. Old Brook View by Bellway Homes on Beal Lane, Shaw, OL2 8HB, has 3 and 4 bedroom homes from £299,995 to £459,995. Netherhey Street near Alexandra Park has 3 and 4 bedroom semi-detached and detached homes from £369,950 to £389,950.
Town-centre regeneration may change future supply. The Oldham Town Living project has planning approvals across six sites, including Prince's Gate, the Civic Tower, the Civic Centre, the former Magistrates' Court, the former Manchester Chambers and the former Leisure Centre. Plans cover up to 1,619 new homes, ranging from one-bedroom apartments to larger family properties. Sellers near the town centre should pay close attention to timing, because new apartments can change buyer expectations around parking, energy performance and finish.
- Hartshead View is off Fir Tree Road, OL8 2LL
- Bishop Meadows is at Greencroft Meadow, OL2 6LQ
- Broadstone Manor is on Huddersfield Road, OL3 5NU
- Oldham Town Living could deliver up to 1,619 homes