56, Sherwood Way
56, Sherwood Way
Description & Estimates
Public records show 56, Sherwood Way, Oldham to be a mid-century leasehold house with 796 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
56, Sherwood Way, Oldham has an estimated sale value of £241,675 and an estimated rental value of £1,302 per month, assuming reasonable condition and based on the information available.
Sherwood Way, Shaw, Oldham, OL2 lies in the borough of Oldham, within the OL2 postal district.
Our Data Sources
56, Sherwood Way, Oldham has 21 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated March 2022.
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
In very good condition, we estimate 56, Sherwood Way, Oldham would be worth £253,758, with a potential rental value of £1,367 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £224,757, with a rental value of £1,211 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56, Sherwood Way, Oldham has increased by £7,324 (3.0%) over the last year. During the same period, its estimated monthly rental value has grown by £55 (4.2%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
56, Sherwood Way, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
56, Sherwood Way, Oldham last changed hands on 5th February 2024, selling for £190,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 5.6% since February 2024.
- Sold Feb 2024£190,000
- Sold Nov 2001£72,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 810 metres of 56, Sherwood Way, Oldham across the last 2 years.
Most recently, 95, Sherwood Way, Oldham, OL2 7NB, a leasehold house, sold at £225,000 on the 23rd February 2024.
Read more about house prices in OL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 56, Sherwood Way, Oldham as the 57th largest and the 65th most expensive of the 87 addresses on Sherwood Way, Shaw, Oldham, OL2.
Against the OL2 postcode district average, it is £11k more expensive than the typical property.
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Schools Nearby
- 300mSt Mary's CofE Primary School High Crompton
- 900mThornham St. James CofE Primary School
- 1.1kmFir Bank Primary School
- 600mThe Crompton House Church of England Academy
- 1.7kmSt Cuthbert's Roman Catholic High School, a Voluntary Academy
- 1.9kmE-ACT Royton and Crompton Academy
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Public Transport Nearby
Rochdale station is the nearest stop to 56, Sherwood Way, Oldham at 3.9 kilometres away.
- 3.9kmRochdale
- 4.2kmCastleton (Manchester)
- 5.2kmMills Hill (Manchester)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
