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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Netherhey Lane, Oldham is a mid-century leasehold house with 1,453 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Netherhey Lane, Oldham is £247,692 and the estimated rental value is £1,425 per month.
Netherhey Lane, Royton, Oldham, OL2 is located in the borough of Oldham within the OL2 postal district.
2, Netherhey Lane, Oldham has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated June 2017.
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 2, Netherhey Lane, Oldham is in very good condition we estimate a sale value of £260,076 and a rental value of £1,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,353 and a rental value of £1,325 per month.
Over the last 12 months the sale value of 2 Netherhey Lane Oldham has increased by an estimated £2,954 (1.2%) and its rental value has increased by an estimated £39 per month (2.7%), giving an expected gross yield of 6.9%.
2, Netherhey Lane, Oldham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2017.
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, 2, Netherhey Lane, Oldham was last sold on 4th December 2017 for £223,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has risen 42.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Netherhey Lane, Oldham within a radius of 680 metres over the last 2 years.
The most recent example is 10, Brendon Hills, Oldham, OL2 5HW, a leasehold house which sold for £290,500 on the 23rd June 2023.
Read more about house prices in OL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Netherhey Lane, Royton, Oldham, OL2 has a total of 9 addresses. According to our analysis of all the public data, 2, Netherhey Lane, Oldham is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in OL2.
The closest station to 2, Netherhey Lane, Oldham is Mills Hill (Manchester) station which is 2.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Netherhey Lane, Oldham, 57.3% of property is privately owned outright and 35.0% 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 2, Netherhey Lane, Oldham, 12.7% of residents are recorded as possessing school level qualifications and 31.1% 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 2, Netherhey Lane, Oldham, the average age was 44.2 and the most common age was 52.
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 2, Netherhey Lane, Oldham, 1.5% 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 2, Netherhey 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.
