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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, 6, Read Close, Oldham is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Read Close, Oldham is £132,506 and the estimated rental value is £693 per month.
Read Close, Shaw, Oldham, OL2 is located in the borough of Oldham within the OL2 postal district.
6, Read Close, Oldham has 2 entries in the Land Registry , most recently in April 2024 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 6, Read Close, Oldham is in very good condition we estimate a sale value of £139,131 and a rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,231 and a rental value of £644 per month.
Over the last 12 months the sale value of 6 Read Close Oldham has increased by an estimated £2,441 (1.8%) and its rental value has increased by an estimated £10 per month (1.5%), giving an expected gross yield of 6.3%.
6, Read Close, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 6, Read Close, Oldham was last sold on 4th April 2024 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2024, the market for similar properties has risen 33.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Read Close, Oldham within a radius of 590 metres over the last 2 years.
The most recent example is 2, King Albert Street, Oldham, OL2 8AH, a leasehold flat which sold for £118,000 on the 29th October 2021.
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, 6, Read Close, Oldham is the 4th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in OL2.
The closest station to 6, 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 6, 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 6, 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 6, 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 6, 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 6, 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.
