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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
According to the public record, 3, Welcome Parade, Oldham is a mid-century house with 871 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Welcome Parade, Oldham is £131,947 and the estimated rental value is £900 per month.
Welcome Parade, Oldham, OL8 is located in the borough of Oldham within the OL8 postal district.
3, Welcome Parade, Oldham has no records in the the Land Registry and a single entry in the EPC database dated June 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 3, Welcome Parade, Oldham is in very good condition we estimate a sale value of £138,545 and a rental value of £945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,711 and a rental value of £837 per month.
Over the last 12 months the sale value of 3 Welcome Parade Oldham has increased by an estimated £6,458 (4.9%) and its rental value has increased by an estimated £41 per month (4.6%), giving an expected gross yield of 8.2%.
3, Welcome Parade, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Welcome Parade, Oldham within a radius of 720 metres over the last 2 years.
The most recent example is 47, Lawn Closes, Oldham, OL8 2HB, a freehold house which sold for £120,000 on the 6th September 2024.
Read more about house prices in OL8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welcome Parade, Oldham, OL8 has a total of 14 addresses. According to our analysis of all the public data, 3, Welcome Parade, Oldham is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in OL8.
The closest station to 3, Welcome Parade, Oldham is Mossley (Manchester) station which is 3.2 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Welcome Parade, Oldham, 65.8% of property is socially rented and 13.7% 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 3, Welcome Parade, Oldham, 23.1% of residents are recorded as possessing school level qualifications and 13.8% 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 3, Welcome Parade, Oldham, the average age was 35.5 and the most common age was 7.
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 3, Welcome Parade, 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 3, Welcome Parade, Oldham, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
