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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Cedar Lane, Oldham is £539,100 and the estimated rental value is £2,488 per month.
Cedar Lane, Grasscroft, Oldham, OL4 is located in the borough of Oldham within the OL4 postal district.
1, Cedar Lane, Oldham has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Cedar Lane, Oldham is in very good condition we estimate a sale value of £566,055 and a rental value of £2,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,363 and a rental value of £2,314 per month.
Over the last 12 months the sale value of 1 Cedar Lane Oldham has increased by an estimated £13,395 (2.5%) and its rental value has increased by an estimated £38 per month (1.5%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 1, Cedar Lane, Oldham sits on a plot of 616m2.
1, Cedar Lane, Oldham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Cedar Lane, Oldham was last sold on 18th September 2015 for £344,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since September 2015, the market for similar properties has dropped 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cedar Lane, Oldham within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 4, Summershades Lane, Oldham, OL4 4ED, a leasehold house which sold for £495,000 on the 31st January 2024.
Read more about house prices in OL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Lane, Grasscroft, Oldham, OL4 has a total of 2 addresses. According to our analysis of all the public data, 1, Cedar Lane, Oldham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £333k more expensive than the average property in OL4.
The closest station to 1, Cedar Lane, Oldham is Greenfield station which is 1.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Cedar Lane, Oldham, 51.7% of property is privately owned outright and 37.9% 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, Cedar Lane, Oldham, 13.6% of residents are recorded as possessing school level qualifications and 37.0% 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, Cedar 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, Cedar Lane, Oldham, 1.1% 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, Cedar Lane, Oldham, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.