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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
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According to the public record, 2 The Ridgedales, Oldham is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Ridgedales, Oldham is £104,210 and the estimated rental value is £800 per month.
The apartment is within The Ridgedales, Coleridge Road, Oldham, OL1.
Coleridge Road, Oldham, OL1 is located in the borough of Oldham within the OL1 postal district.
2 The Ridgedales, Oldham has 61 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 The Ridgedales, Oldham is in very good condition we estimate a sale value of £109,420 and a rental value of £840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,915 and a rental value of £744 per month.
Over the last 12 months the sale value of 2 The Ridgedales Oldham has increased by an estimated £1,186 (1.1%) and its rental value has increased by an estimated £10 per month (1.2%), giving an expected gross yield of 9.2%.
2 The Ridgedales, Oldham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2 The Ridgedales, Oldham was last sold on 25th March 2022 for £86,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since March 2022, the market for similar properties has risen 29.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Ridgedales, Oldham within a radius of 770 metres over the last 2 years.
The most recent example is 14 The Ridgedales, Coleridge Road, Oldham, OL1 4RT, a leasehold flat which sold for £100,000 on the 17th June 2022.
Read more about house prices in OL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coleridge Road, Oldham, OL1 has a total of 79 addresses. According to our analysis of all the public data, 2 The Ridgedales, Oldham is the 66th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in OL1.
The closest station to 2 The Ridgedales, Oldham is Greenfield station which is 4.9 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 2 The Ridgedales, Oldham, 63.5% of property is socially rented and 13.0% is privately 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 2 The Ridgedales, Oldham, 36.7% of residents are recorded as possessing school level qualifications and 23.8% 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 The Ridgedales, Oldham, the average age was 37.8 and the most common age was 32.
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 The Ridgedales, Oldham, 0.3% 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 The Ridgedales, 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.
