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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, Wellmeadow Lane, Oldham is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,033 ft2 of internal area and sits on a 297 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Wellmeadow Lane, Oldham is £403,112 and the estimated rental value is £1,339 per month.
Wellmeadow Lane, Uppermill, Oldham, OL3 is located in the borough of Oldham within the OL3 postal district.
2, Wellmeadow Lane, Oldham has a single entry in the Land Registry from January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 2, Wellmeadow Lane, Oldham is in very good condition we estimate a sale value of £423,267 and a rental value of £1,406 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,894 and a rental value of £1,246 per month.
Over the last 12 months the sale value of 2 Wellmeadow Lane Oldham has increased by an estimated £19,183 (4.8%) and its rental value has increased by an estimated £42 per month (3.1%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2, Wellmeadow Lane, Oldham sits on a plot of 297m2.
We have plot size data on 30 out of 34 other houses in the postcode and 2, Wellmeadow Lane, Oldham sits on the 5th largest plot.
According to HM Land Registry, 2, Wellmeadow Lane, Oldham was last sold on 5th January 2007 for £215,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 61.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wellmeadow Lane, Oldham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 12, Wellmeadow Lane, Oldham, OL3 6DX, a leasehold house which sold for £345,000 on the 30th August 2024.
Read more about house prices in OL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellmeadow Lane, Uppermill, Oldham, OL3 has a total of 68 addresses. According to our analysis of all the public data, 2, Wellmeadow Lane, Oldham is the 38th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in OL3.
The closest station to 2, Wellmeadow Lane, Oldham is Greenfield station which is 1.6 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, Wellmeadow Lane, Oldham, 55.3% of property is privately owned outright and 37.4% 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, Wellmeadow Lane, Oldham, 19.1% of residents are recorded as possessing school level qualifications and 56.8% 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, Wellmeadow Lane, Oldham, the average age was 45.7 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, Wellmeadow Lane, Oldham, 1.0% 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, Wellmeadow Lane, Oldham, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
