5, Burn Bank
5, Burn Bank
Description & Estimates
5, Burn Bank, Oldham is recorded publicly as a period freehold house across 1,485 ft2 of internal area, sitting on a 117 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Burn Bank, Oldham is £417,111 and its rental estimate is £1,428 per month, given the available information and assuming reasonable condition.
Burn Bank, Greenfield, Oldham, OL3 falls within the OL3 postal district, in the borough of Oldham.
Our Data Sources
5, Burn Bank, Oldham has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Burn Bank, Oldham, we estimate a market value of £437,966 and a rental value of £1,499 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £387,913 and £1,328 per month respectively.
Recent Market Change
Over the last year, 5, Burn Bank, Oldham has seen its estimated sale value move up by £4,271 (1.0%) and its estimated rental value increase by £24 per month (1.7%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 5, Burn Bank, Oldham as measuring 117 m2.
That makes it the 5th largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
5, Burn Bank, Oldham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jul 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Burn Bank, Oldham completed on 28th September 2018 at £135,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.6% over the period since September 2018.
- Sold Sep 2018£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Burn Bank, Oldham have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th October 2024, was 54, Oldham Road, Oldham, OL4 4HL, a freehold house which sold for £292,500.
Read more about house prices in OL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Burn Bank, Greenfield, Oldham, OL3, 5, Burn Bank, Oldham comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £91k more expensive than the average property across the OL3 district.
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Schools Nearby
- 300mFriezland Primary School
- 1.0kmGreenfield Primary School
- 1.2kmSt Anne's CofE Lydgate Primary School
- 1.7kmMossley Hollins High School
- 2.3kmSaddleworth School
- 3.6kmWaterhead Academy
More reading links
Public Transport Nearby
From 5, Burn Bank, Oldham, the nearest station is Greenfield, 800 metres away.
- 800mGreenfield
- 2.5kmMossley (Manchester)
- 6.1kmStalybridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
