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According to the public record, 5, Lane Brow, Oldham is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 658 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Lane Brow, Oldham is £318,435 and the estimated rental value is £1,679 per month.
Lane Brow, Grotton, Oldham, OL4 is located in the borough of Oldham within the OL4 postal district.
5, Lane Brow, Oldham has 31 entries in the Land Registry , most recently in June 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Lane Brow, Oldham is in very good condition we estimate a sale value of £334,357 and a rental value of £1,763 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,145 and a rental value of £1,561 per month.
Over the last 12 months the sale value of 5 Lane Brow Oldham has increased by an estimated £15,010 (4.7%) and its rental value has increased by an estimated £92 per month (5.5%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 5, Lane Brow, Oldham was last sold on 16th June 2023 for £190,190 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since June 2023, the market for similar properties has dropped 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lane Brow, Oldham within a radius of 980 metres over the last 2 years.
The most recent example is 2, Brooklet Close, Oldham, OL4 5UB, a leasehold house which sold for £245,000 on the 19th January 2018.
Read more about house prices in OL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lane Brow, Grotton, Oldham, OL4 has a total of 10 addresses. According to our analysis of all the public data, 5, Lane Brow, Oldham is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in OL4.
The closest station to 5, Lane Brow, Oldham is Mossley (Manchester) station which is 2.4 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 5, Lane Brow, Oldham, 47.5% of property is privately owned outright and 41.6% 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 5, Lane Brow, Oldham, 19.0% of residents are recorded as possessing school level qualifications and 35.1% 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 5, Lane Brow, Oldham, the average age was 44.7 and the most common age was 57.
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 5, Lane Brow, Oldham, 3.2% 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 5, Lane Brow, 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.