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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, 22, Medlock Drive, Oldham is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,073 ft2 of internal area 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 22, Medlock Drive, Oldham is £292,041 and the estimated rental value is £1,322 per month.
Medlock Drive, Oldham, OL8 is located in the borough of Oldham within the OL8 postal district.
22, Medlock Drive, Oldham has a single entry in the Land Registry from June 2014 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 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 22, Medlock Drive, Oldham is in very good condition we estimate a sale value of £306,643 and a rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,598 and a rental value of £1,229 per month.
Over the last 12 months the sale value of 22 Medlock Drive Oldham has increased by an estimated £14,293 (4.9%) and its rental value has increased by an estimated £61 per month (4.6%), giving an expected gross yield of 5.4%.
According to HM Land Registry, 22, Medlock Drive, Oldham was last sold on 16th June 2014 for £203,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since June 2014, the market for similar properties has risen 69.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Medlock Drive, Oldham within a radius of 880 metres over the last 2 years.
The most recent example is 65, Simkin Way, Oldham, OL8 2TH, a leasehold house which sold for £430,000 on the 9th August 2024.
Read more about house prices in OL8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Medlock Drive, Oldham, OL8 has a total of 19 addresses. According to our analysis of all the public data, 22, Medlock Drive, Oldham is the largest and the most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in OL8.
The closest station to 22, Medlock Drive, Oldham is Ashton-under-Lyne 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Medlock Drive, Oldham, 49.4% of property is privately owned outright and 36.8% 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 22, Medlock Drive, Oldham, 12.9% of residents are recorded as possessing school level qualifications and 25.0% 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 22, Medlock Drive, Oldham, the average age was 45.1 and the most common age was 57.
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 22, Medlock Drive, Oldham, 0.0% 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 22, Medlock Drive, Oldham, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.
