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According to the public record, 1, Beech Lane, Oldham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 564 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Beech Lane, Oldham is £184,911 and the estimated rental value is £892 per month.
Beech Lane, Grasscroft, Oldham, OL4 is located in the borough of Oldham within the OL4 postal district.
1, Beech Lane, Oldham has a single entry in the Land Registry from October 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Beech Lane, Oldham is in very good condition we estimate a sale value of £194,156 and a rental value of £937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,967 and a rental value of £830 per month.
Over the last 12 months the sale value of 1 Beech Lane Oldham has increased by an estimated £8,824 (4.8%) and its rental value has increased by an estimated £27 per month (3.1%), giving an expected gross yield of 5.8%.
According to HM Land Registry, 1, Beech Lane, Oldham was last sold on 31st October 2014 for £132,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2014, the market for similar properties has dropped 28.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Beech Lane, Oldham within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 13, Mossley Road, Oldham, OL4 4HH, a leasehold flat which sold for £145,000 on the 6th January 2023.
Read more about house prices in OL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beech Lane, Grasscroft, Oldham, OL4 has a total of 19 addresses. According to our analysis of all the public data, 1, Beech Lane, Oldham is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in OL4.
The closest station to 1, Beech Lane, Oldham is Greenfield station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Beech Lane, Oldham, 52.2% of property is privately owned outright and 40.0% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Beech Lane, Oldham, 19.0% of residents are recorded as possessing school level qualifications and 49.6% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Beech Lane, Oldham, the average age was 44.7 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Beech Lane, Oldham, 3.6% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Beech Lane, Oldham, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.