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According to the public record, 19, Medlock Way, Oldham is a mid-century leasehold house with 548 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 19, Medlock Way, Oldham is £193,006 and the estimated rental value is £937 per month.
Medlock Way, Lees, Oldham, OL4 is located in the borough of Oldham within the OL4 postal district.
19, Medlock Way, Oldham has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 19, Medlock Way, Oldham is in very good condition we estimate a sale value of £202,656 and a rental value of £983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,495 and a rental value of £871 per month.
Over the last 12 months the sale value of 19 Medlock Way Oldham has increased by an estimated £11,817 (6.1%) and its rental value has increased by an estimated £44 per month (4.7%), giving an expected gross yield of 5.8%.
19, Medlock Way, Oldham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2018.
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, 19, Medlock Way, Oldham was last sold on 16th April 2021 for £165,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Medlock Way, Oldham within a radius of 540 metres over the last 2 years.
The most recent example is 10, Bateson Drive, Oldham, OL4 4NZ, a leasehold house which sold for £165,000 on the 27th October 2023.
Read more about house prices in OL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Medlock Way, Lees, Oldham, OL4 has a total of 47 addresses. According to our analysis of all the public data, 19, Medlock Way, Oldham is the 40th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in OL4.
The closest station to 19, Medlock Way, Oldham is Mossley (Manchester) station which is 3.5 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 19, Medlock Way, Oldham, 35.4% of property is privately owned outright and 35.4% is socially rented.
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 19, Medlock Way, Oldham, 16.0% of residents are recorded as possessing school level qualifications and 23.2% 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 19, Medlock Way, 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 19, Medlock Way, Oldham, 0.4% 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 19, Medlock Way, Oldham, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.