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Postcode · Oldham

Housing in OL4 2RZ

What the homes in OL4 2RZ are, who owns them, how many people share them and what they rent for.

Neighbourhood
Waterhead
Council
Oldham
Region
North West
Neighbourhood population
1,933 (2024)
Property types

What homes look like here

The most common homes here are terraced houses (54.6%). Flats make up 29.9%, above the 22.2% across England.

OL4 2RZEngland
Detached3.4%22.9%
Semi-detached12.1%31.5%
Terraced54.6%23%
Purpose-built flat28.2%17.1%
Flat in a converted or shared house0.4%3.5%
Flat in a commercial or converted building1.3%1.7%
Caravan or mobile home0%0.4%
Tenure

Owning vs renting

38.7% of households in the OL4 2RZ area own their home, well below the England average of 61.3%. Private renting makes up 21.5% of households, broadly in line with the England figure of 20.5%. 15.7% own outright and 22.9% with a mortgage.

OL4 2RZ
39%
21%
39%
England
  • Owned38.7%61.3%
  • Shared ownership0.3%1%
  • Private rented21.5%20.5%
  • Social rented39.4%17.1%
  • Lives rent free0.1%0.1%

By mortgage and landlord type

OL4 2RZEngland
Owned outright15.7%32.5%
With a mortgage or loan22.9%28.8%
From a private landlord or letting agent19.3%18.2%
Other private rented2.2%2.2%
From the council18.6%8.3%
From a housing association20.8%8.8%
Occupancy

How many people live in each home

The average home here has 2.1 people living in it. 40.6% of households are one person living alone, against 30.1% across England.

OL4 2RZEngland
0%
20%
40%
60%
123456+
Households

Who lives together

The most common household is one person living alone aged under 66 (31.6%). 28.2% of households include dependent children.

OL4 2RZEngland
Living alone, under 6631.6%17.3%
Living alone, 66 and over8.8%12.8%
Couple, no children8.5%16.8%
Couple with dependent children13.6%18.9%
Couple with grown-up children4.5%6.3%
Lone parent with dependent children14.6%6.9%
Lone parent with grown-up children7.5%4.2%
Family, all aged 66 and over4.1%9.2%
Sharers and other households6.8%7.7%
Rents

Private rents in Oldham

Average monthly rent for a new or renewed tenancy in Oldham (August 2026, +12.5% on a year earlier). ONS publishes rent figures at council level rather than by neighbourhood.

OldhamEngland
All homes£942£1,459
One bedroom£702£1,195
Two bedrooms£879£1,335
Three bedrooms£1,067£1,489
Four or more£1,452£2,161
Detached£1,354£1,640
Semi-detached£1,044£1,449
Terraced£923£1,435
Flat or maisonette£808£1,444
About these figures

Census figures aren’t published for single postcodes, so the neighbourhood figures on this tab cover the area around OL4 2RZ (Waterhead) (about 1,933 residents).

Source: Census 2021, Office for National Statistics. Population: ONS mid-year estimates. Open Government Licence v3.0. Rents: ONS Price Index of Private Rents.

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