5 The Ridgedales, Oldham
5 The Ridgedales, Oldham
Description & Estimates
5 The Ridgedales, Oldham is recorded publicly as a modern leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5 The Ridgedales, Oldham is £99,691 and its rental estimate is £776 per month, given the available information and assuming reasonable condition.
The Ridgedales, Coleridge Road is a residential building on Coleridge Road, Oldham, OL1 and falls within the OL1 postal district and the borough of Oldham.
Our Data Sources
5 The Ridgedales, Oldham has 51 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated April 2013.
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.
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 The Ridgedales, Oldham, we estimate a market value of £104,675 and a rental value of £815 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £92,712 and £722 per month respectively.
Recent Market Change
Over the last year, 5 The Ridgedales, Oldham has seen its estimated sale value rise by £1,135 (1.1%) and its estimated rental value move up by £10 per month (1.2%). This results in an estimated gross rental yield of 9.3%.
Energy Efficiency
5 The Ridgedales, Oldham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 5 The Ridgedales, Oldham completed on 19th June 2020 at £41,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 54.6% over the period since June 2020.
- Sold Jun 2020£41,000
- Sold Dec 2017£64,000
- Sold Jul 2003£55,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5 The Ridgedales, Oldham have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th January 2024, was 4 The Ridgedales, Coleridge Road, Oldham, OL1 4RT, a leasehold flat which sold for £91,000.
Read more about house prices in OL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 79 addresses on Coleridge Road, Oldham, OL1, 5 The Ridgedales, Oldham comes out as the 69th largest and the 69th most expensive in our analysis of the public data.
It is also £104k less expensive than the average property across the OL1 district.
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Schools Nearby
- 200mSt Thomas Moorside CofE (VA) Primary School
- 800mHodge Clough Primary School
- 1.6kmEast Crompton St George's CofE School
- 1.9kmWaterhead Academy
- 2.1kmE-ACT Royton and Crompton Academy
- 2.8kmThe Crompton House Church of England Academy
More reading links
Public Transport Nearby
From 5 The Ridgedales, Oldham, the nearest station is Greenfield, 4.9 kilometres away.
- 4.9kmGreenfield
- 6.2kmMossley (Manchester)
- 6.9kmMills Hill (Manchester)
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.
