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According to the public record, 1, Knowls Lane, Oldham is a period freehold house with 764 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Knowls Lane, Oldham is £249,568 and the estimated rental value is £1,144 per month.
Knowls Lane, Oldham, OL4 is located in the borough of Oldham within the OL4 postal district.
1, Knowls Lane, Oldham has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Knowls Lane, Oldham is in very good condition we estimate a sale value of £262,046 and a rental value of £1,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,098 and a rental value of £1,064 per month.
Over the last 12 months the sale value of 1 Knowls Lane Oldham has increased by an estimated £14,087 (5.6%) and its rental value has increased by an estimated £46 per month (4.0%), giving an expected gross yield of 5.5%.
1, Knowls Lane, Oldham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2022.
The property is 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, Knowls Lane, Oldham was last sold on 20th October 2022 for £227,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Knowls Lane, Oldham within a radius of 940 metres over the last 2 years.
The most recent example is 143A, Lane Head Road, Oldham, OL4 5RT, a freehold house which sold for £189,950 on the 16th July 2021.
Read more about house prices in OL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knowls Lane, Oldham, OL4 has a total of 13 addresses. According to our analysis of all the public data, 1, Knowls Lane, Oldham is the 12th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in OL4.
The closest station to 1, Knowls Lane, Oldham is Mossley (Manchester) station which is 2.4 kilometres away.
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, Knowls Lane, Oldham, 38.8% of property is privately owned with a mortgage and 35.5% is privately owned outright.
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, Knowls Lane, Oldham, 17.3% of residents are recorded as possessing school level qualifications and 32.1% 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, Knowls Lane, Oldham, the average age was 41 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, Knowls Lane, Oldham, 0.8% 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, Knowls Lane, Oldham, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.