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204, Lower Lane, Rochdale is described in the public record as a modern house with 1,969 ft2 of internal area, sitting on a 542 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 204, Lower Lane, Rochdale is £539,639 and its rental estimate is £2,280 per month, given the available information and assuming reasonable condition.
Lower Lane, Rochdale, OL16 falls within the OL16 postal district, in the borough of Rochdale.
204, Lower Lane, Rochdale has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 204, Lower Lane, Rochdale, we estimate a market value of £566,621 and a rental value of £2,394 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £501,865 and £2,120 per month respectively.
Over the last year, 204, Lower Lane, Rochdale has seen its estimated sale value move down by £1,310 (0.2%) and its estimated rental value increase by £41 per month (1.8%). This results in an estimated gross rental yield of 5.1%.
HM Land Registry records the plot of land for 204, Lower Lane, Rochdale as measuring 542 m2.
That makes it the largest plot in the postcode, where 2 of the 5 other houses have recorded plot data.
204, Lower Lane, Rochdale has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 204, Lower Lane, Rochdale have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th June 2023, was 33, Wrenbury Drive, Rochdale, OL16 4PJ, a freehold house which sold for £463,000.
Read more about house prices in OL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 5 addresses on Lower Lane, Rochdale, OL16, 204, Lower Lane, Rochdale comes out as the 3rd largest and the most expensive in our analysis of the public data.
It is also £345k more expensive than the average property across the OL16 district.
From 204, Lower Lane, Rochdale, the nearest station is Rochdale, 1.8 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 204, Lower Lane, Rochdale, 54.0% of property is privately owned with a mortgage and 37.9% is privately owned outright.
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 204, Lower Lane, Rochdale, 25.0% of residents are recorded as possessing school level qualifications and 41.2% 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 204, Lower Lane, Rochdale, the average age was 33.8 and the most common age was 12.
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 204, Lower Lane, Rochdale, 1.1% 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 204, Lower Lane, Rochdale, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.