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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 23, Flake Lane, Oldham is a mid-century leasehold apartment with 796 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 23, Flake Lane, Oldham is £87,230 and the estimated rental value is £510 per month.
Flake Lane, Royton, Oldham, OL2 is located in the borough of Oldham within the OL2 postal district.
23, Flake Lane, Oldham has 2 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated July 2024.
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 23, Flake Lane, Oldham is in very good condition we estimate a sale value of £91,591 and a rental value of £535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,124 and a rental value of £474 per month.
Over the last 12 months the sale value of 23 Flake Lane Oldham has increased by an estimated £1,607 (1.8%) and its rental value has increased by an estimated £8 per month (1.5%), giving an expected gross yield of 7%.
23, Flake Lane, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2024.
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, 23, Flake Lane, Oldham was last sold on 18th December 2024 for £95,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2024, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Flake Lane, Oldham within a radius of 500 metres over the last 2 years.
The most recent example is 27, Flake Lane, Oldham, OL2 5RF, a leasehold flat which sold for £64,800 on the 6th October 2023.
Read more about house prices in OL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Flake Lane, Royton, Oldham, OL2 has a total of 22 addresses. According to our analysis of all the public data, 23, Flake Lane, Oldham is the 17th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in OL2.
The closest station to 23, Flake Lane, Oldham is Mills Hill (Manchester) station which is 3.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 23, Flake Lane, Oldham, 31.9% of property is privately owned outright and 28.3% 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 23, Flake Lane, Oldham, 19.3% of residents are recorded as possessing school level qualifications and 24.2% 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 23, Flake 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 23, Flake Lane, 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 23, Flake Lane, Oldham, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.
