Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 7, Burnedge Lane, Oldham is a mid-century freehold house with 699 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Burnedge Lane, Oldham is £334,680 and the estimated rental value is £1,530 per month.
Burnedge Lane, Grasscroft, Oldham, OL4 is located in the borough of Oldham within the OL4 postal district.
7, Burnedge Lane, Oldham has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated June 2017.
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 7, Burnedge Lane, Oldham is in very good condition we estimate a sale value of £351,414 and a rental value of £1,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,252 and a rental value of £1,423 per month.
Over the last 12 months the sale value of 7 Burnedge Lane Oldham has increased by an estimated £20,491 (6.1%) and its rental value has increased by an estimated £72 per month (4.7%), giving an expected gross yield of 5.5%.
7, Burnedge Lane, Oldham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Jun 2017.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
According to HM Land Registry, 7, Burnedge Lane, Oldham was last sold on 27th October 2017 for £392,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2017, the market for similar properties has dropped 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Burnedge Lane, Oldham within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 222, Oldham Road, Oldham, OL4 4DN, a leasehold house which sold for £325,000 on the 12th September 2024.
Read more about house prices in OL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burnedge Lane, Grasscroft, Oldham, OL4 has a total of 62 addresses. According to our analysis of all the public data, 7, Burnedge Lane, Oldham is the 62nd largest and the 54th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in OL4.
The closest station to 7, Burnedge Lane, Oldham is Greenfield station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Burnedge Lane, Oldham, 51.7% of property is privately owned outright and 37.9% 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 7, Burnedge Lane, Oldham, 13.6% of residents are recorded as possessing school level qualifications and 37.0% 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 7, Burnedge Lane, Oldham, the average age was 44.7 and the most common age was 57.
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 7, Burnedge Lane, Oldham, 1.1% 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 7, Burnedge Lane, Oldham, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
