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According to the public record, 44, Mellor Way, Oldham is a modern leasehold apartment with 538 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 44, Mellor Way, Oldham is £90,393 and the estimated rental value is £754 per month.
Mellor Way, Chadderton, Oldham, OL9 is located in the borough of Oldham within the OL9 postal district.
44, Mellor Way, Oldham has 3 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated December 2024.
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 44, Mellor Way, Oldham is in very good condition we estimate a sale value of £94,913 and a rental value of £792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,065 and a rental value of £702 per month.
Over the last 12 months the sale value of 44 Mellor Way Oldham has increased by an estimated £115 (0.1%) and its rental value has increased by an estimated £11 per month (1.5%), giving an expected gross yield of 10%.
44, Mellor Way, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Dec 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 44, Mellor Way, Oldham was last sold on 29th November 2024 for £80,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2024, the market for similar properties has dropped 13.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 44, Mellor Way, Oldham within a radius of 460 metres over the last 2 years.
The most recent example is 62, Mellor Way, Oldham, OL9 8NN, a leasehold flat which sold for £103,000 on the 11th October 2024.
Read more about house prices in OL9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mellor Way, Chadderton, Oldham, OL9 has a total of 42 addresses. According to our analysis of all the public data, 44, Mellor Way, Oldham is the 29th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in OL9.
The closest station to 44, Mellor Way, Oldham is Moston station which is 2.1 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 44, Mellor Way, Oldham, 60.9% of property is socially rented and 13.3% 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 44, Mellor Way, Oldham, 25.6% of residents are recorded as possessing school level qualifications and 13.9% 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 44, Mellor Way, Oldham, the average age was 40.2 and the most common age was 32.
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 44, Mellor Way, 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 44, Mellor Way, Oldham, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
