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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, 5, Read Close, Oldham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 476 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, Read Close, Oldham is £173,183 and the estimated rental value is £838 per month.
Read Close, Shaw, Oldham, OL2 is located in the borough of Oldham within the OL2 postal district.
5, Read Close, Oldham has 2 entries in the Land Registry , most recently in November 2016 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, Read Close, Oldham is in very good condition we estimate a sale value of £181,842 and a rental value of £880 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,060 and a rental value of £779 per month.
Over the last 12 months the sale value of 5 Read Close Oldham has increased by an estimated £7,674 (4.4%) and its rental value has increased by an estimated £35 per month (4.2%), giving an expected gross yield of 5.8%.
According to HM Land Registry, 5, Read Close, Oldham was last sold on 10th November 2016 for £70,400 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2016, the market for similar properties has risen 115.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Read Close, Oldham within a radius of 600 metres over the last 2 years.
The most recent example is 18, Farrowdale Avenue, Oldham, OL2 7AE, a leasehold house which sold for £181,950 on the 20th October 2023.
Read more about house prices in OL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Read Close, Shaw, Oldham, OL2 has a total of 11 addresses. According to our analysis of all the public data, 5, Read Close, Oldham is the 11th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in OL2.
The closest station to 5, Read Close, Oldham is Rochdale station which is 5.6 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Read Close, Oldham, 36.7% of property is privately rented and 35.6% 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, Read Close, Oldham, 26.6% of residents are recorded as possessing school level qualifications and 25.4% 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, Read Close, 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 5, Read Close, 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 5, Read Close, Oldham, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
