5, Ripponden Road
5, Ripponden Road
Description & Estimates
5, Ripponden Road, Oldham appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 888 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Ripponden Road, Oldham is £295,835 and its rental estimate is £1,187 per month, given the available information and assuming reasonable condition.
Ripponden Road, Denshaw, Oldham, OL3 falls within the OL3 postal district, in the borough of Oldham.
Our Data Sources
5, Ripponden Road, Oldham has 2 entries in the Land Registry , most recently in May 2017 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.
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, Ripponden Road, Oldham, we estimate a market value of £310,627 and a rental value of £1,247 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £275,127 and £1,104 per month respectively.
Recent Market Change
Over the last year, 5, Ripponden Road, Oldham has seen its estimated sale value move up by £11,328 (3.8%) and its estimated rental value increase by £41 per month (3.5%). This results in an estimated gross rental yield of 4.8%.
Sold Prices
The most recent sale of 5, Ripponden Road, Oldham completed on 12th May 2017 at £170,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 7.8% over the period since May 2017.
- Sold May 2017£170,000
- Sold Sep 2013£169,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 5, Ripponden Road, Oldham has sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th January 2020, was 3 Green Ash, Denshaw Road, Oldham, OL3 5LF, a leasehold flat which sold for £198,500.
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 60 addresses on Ripponden Road, Denshaw, Oldham, OL3, 5, Ripponden Road, Oldham comes out as the 38th largest and the 44th most expensive in our analysis of the public data.
It is also £31k less expensive than the average property across the OL3 district.
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Schools Nearby
- 200mChrist Church CofE Primary School
- 2.8kmDelph Primary School
- 3.0kmBuckstones Primary School
- 4.5kmHollingworth Academy
- 4.7kmThe Crompton House Church of England Academy
- 5.1kmE-ACT Royton and Crompton Academy
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Public Transport Nearby
From 5, Ripponden Road, Oldham, the nearest station is Greenfield, 6.2 kilometres away.
- 6.2kmGreenfield
- 6.6kmSmithy Bridge
- 6.7kmLittleborough
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
