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According to the public record, 40, Priestley Way, Oldham is a mid-century leasehold house with 452 ft2 of internal area and sits on a 177 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Priestley Way, Oldham is £157,025 and the estimated rental value is £983 per month.
Priestley Way, Shaw, Oldham, OL2 is located in the borough of Oldham within the OL2 postal district.
40, Priestley Way, Oldham has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property 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 40, Priestley Way, Oldham is in very good condition we estimate a sale value of £164,876 and a rental value of £1,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,033 and a rental value of £914 per month.
Over the last 12 months the sale value of 40 Priestley Way Oldham has increased by an estimated £5,600 (3.6%) and its rental value has increased by an estimated £48 per month (4.9%), giving an expected gross yield of 7.5%.
According to data from HM Land Registry, 40, Priestley Way, Oldham sits on a plot of 177m2.
We have plot size data on 33 out of 42 other houses in the postcode and 40, Priestley Way, Oldham sits on the 24th largest plot.
40, Priestley Way, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 2022.
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, 40, Priestley Way, Oldham was last sold on 31st October 2023 for £123,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Priestley Way, Oldham within a radius of 690 metres over the last 2 years.
The most recent example is 32, Kendal Drive, Oldham, OL2 8JQ, a leasehold house which sold for £200,000 on the 18th January 2023.
Read more about house prices in OL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priestley Way, Shaw, Oldham, OL2 has a total of 42 addresses. According to our analysis of all the public data, 40, Priestley Way, Oldham is the 34th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in OL2.
The closest station to 40, Priestley Way, Oldham is Rochdale station which is 5.8 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 40, Priestley Way, Oldham, 54.9% of property is privately owned outright and 40.2% 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 40, Priestley Way, Oldham, 13.1% of residents are recorded as possessing school level qualifications and 49.8% 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 40, Priestley Way, Oldham, the average age was 44.4 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 40, Priestley Way, Oldham, 1.6% 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 40, Priestley Way, Oldham, 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.