Is Bank Street in Oldham a nice place to live?

Bank Street is classified by the ONS as White Professionals. Bank Street is in the top 10% of highest crime postcodes (see map). The road has slightly higher levels of deprivation compared to the rest of the country.

Geography

Bank Street is located in the Waterhead ward of the Oldham district in Greater Manchester.
Coordinates 53.537985, -2.081199
Grid Ref SD947045
Suburb Hey
Constituency Oldham East and Saddleworth
Postcodes OL4 3AE, OL4 5EH, OL4 5JW

House Prices

We have no record of house sales in Bank Street in the last 3 years. Therefore we cannot provide a house price analysis for this road.

Crime in Bank Street, Greater Manchester

There were no street crime incidents recorded by Greater-manchester Police in Bank Street during September 2024.

Crime Deprivation

The Indices of Multiple Deprivation (IMD) government statistics have a measure of how likely you are to be a victim of personal crime. We have taken the lower super output area (LSOA) that includes Bank Street and compared that to the average for the Waterhead ward.

You are more likely to be a victim of personal crime in Bank Street, when compared to the average EIMD rank for the Waterhead ward

Social economic statistics for Bank Street

These statistics are taken from the English Index of Multiple Deprivation's decile figures, with 1 being the worst and 10 being the best. As these are decile figures, a score of 1 for example would mean Bank Street is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Bank Street is in the top 10% of least deprived LSOAs in the country.

Income Deprivation

The Income Deprivation Domain measures the proportion of the population in and around Bank Street experiencing deprivation relating to low income.
Residents in around Bank Street are in the top 40% of most income deprived in the country.

Employment Deprivation

The Employment Deprivation Domain measures the proportion of working-age residents in and around Bank Street involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in Bank Street are in the top 40% of the most employment deprived in the country

Health & Disability Deprivation

The Health Deprivation and Disability Domain measures the risk of premature death and the impairment of quality of life through poor physical or mental health. This does not include aspects of behaviour or the environment that may be lead to predicted future health and disability problems.
Residents in Bank Street are in the top 40% of the most health & disability in the country

Index of Multiple Deprivation

The Index of Multiple Deprivation (IMD) is an overall relative measure of deprivation constructed by combining seven measures of deprivation. It encapsulates a broad socio-economic view of Bank Street, from outside living quality, housing quality, access to services and crime.
Residents in Bank Street are in the top 40% of the most deprived in the country

2021 Census for Bank Street

We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Bank Street.

Unemployment in Bank Street

The census is now the only reliable source to find the proportion of residents that are unemployed or under-employed as the Department for Work and pensions no longer do so and haven't since the introduction of Universal Credit.
2.63% of Bank Street residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in Bank Street

The proportion of retirees in a road should give you an indication of the demographics of Bank Street. The proportion of retirees on Bank Street is 14.29% higher than the national average of 18.6%.
32.89% of Bank Street residents were retired during the last census

Home ownership in Bank Street

The proportion of home owners on Bank Street is 9.97% higher than the national average of 62%. 21.97% of properties in Bank Street are private rented and 6.06% are social rented.
71.97% of residents of Bank Street own their home

Country of Birth of Bank Street residents

The proportion if Bank Street residents born in the UK is 8.13% higher than the England national average of 82.65%. 9.22% of Bank Street residents were born outside the UK.
90.78% of Bank Street residents were born in the UK

Bank Street Summary

Bank Street has a higher level of home ownership than the national average. This is an indicator that finding private rented accomodation in Bank Street maybe difficult.

Top 50 worst places to live 2023
Top 50 best places to live 2023