 Freehold tram stop serves the Cowhill and Block Lane areas of Chadderton and the adjacent Freehold area of Werneth, Oldham from which the station takes its name.The names Cowhill and Block Lane were also considered as names for the stop prior to opening, the local council finally opting for the name Freehold.The stop is one of the newly built stops on what was the Oldham Loop Line.