2, Magnolia Gardens
2, Magnolia Gardens
Description & Estimates
The public record describes 2, Magnolia Gardens, Oldham as a modern house with 1,571 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Magnolia Gardens, Oldham has an estimated sale value of £282,578 and an estimated rental value of £1,605 per month, assuming reasonable condition and based on the information available.
Magnolia Gardens, Oldham, OL8 lies in the borough of Oldham, within the OL8 postal district.
Our Data Sources
2, Magnolia Gardens, Oldham has no records in the the Land Registry and a single entry in the EPC database dated January 2021.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 2, Magnolia Gardens, Oldham would be worth £296,707, with a potential rental value of £1,686 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £262,797, with a rental value of £1,493 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Magnolia Gardens, Oldham has risen by £1,368 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £32 (2.0%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
2, Magnolia Gardens, Oldham has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 26 Jan 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 2, Magnolia Gardens, Oldham across the last 2 years.
Most recently, 56, Magnolia Gardens, Oldham, OL8 1HW, a freehold house, sold at £190,000 on the 22nd December 2021.
Read more about house prices in OL8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Magnolia Gardens, Oldham as the 6th largest and the 6th most expensive of the 57 addresses on Magnolia Gardens, Oldham, OL8.
Against the OL8 postcode district average, it is £93k more expensive than the typical property.
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Schools Nearby
- 300mSt Thomas CofE Primary School
- 400mWerneth Primary School
- 400mCoppice Primary Academy
- 900mThe Brian Clarke Church of England Academy
- 1.4kmThe Hathershaw College
- 1.4kmOasis Academy Oldham
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Public Transport Nearby
Moston station is the nearest stop to 2, Magnolia Gardens, Oldham at 3.8 kilometres away.
- 3.8kmMoston
- 4.0kmMills Hill (Manchester)
- 5.1kmAshton-under-Lyne
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
