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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, 7, Midgrove Lane, Oldham is a period freehold house with 1,162 ft2 of internal area and sits on a 304 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Midgrove Lane, Oldham is £529,560 and the estimated rental value is £1,595 per month.
Midgrove Lane, Delph, Oldham, OL3 is located in the borough of Oldham within the OL3 postal district.
7, Midgrove Lane, Oldham has 61 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated October 2015.
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.
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, Midgrove Lane, Oldham is in very good condition we estimate a sale value of £556,038 and a rental value of £1,674 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,491 and a rental value of £1,483 per month.
Over the last 12 months the sale value of 7 Midgrove Lane Oldham has increased by an estimated £17,113 (3.2%) and its rental value has increased by an estimated £48 per month (3.0%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 7, Midgrove Lane, Oldham sits on a plot of 304m2.
We have plot size data on 8 out of 9 other houses in the postcode and 7, Midgrove Lane, Oldham sits on the 6th largest plot.
7, Midgrove Lane, Oldham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Oct 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Midgrove Lane, Oldham was last sold on 29th October 2021 for £267,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since October 2021, the market for similar properties has risen 27.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Midgrove Lane, Oldham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 8, Brooke View, Oldham, OL3 5GF, a leasehold house which sold for £410,000 on the 23rd August 2024.
Read more about house prices in OL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Midgrove Lane, Delph, Oldham, OL3 has a total of 16 addresses. According to our analysis of all the public data, 7, Midgrove Lane, Oldham is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £203k more expensive than the average property in OL3.
The closest station to 7, Midgrove Lane, Oldham is Greenfield station which is 2.8 kilometres away.
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 7, Midgrove Lane, Oldham, 40.1% of property is privately owned with a mortgage and 37.4% is privately owned outright.
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, Midgrove Lane, Oldham, 18.1% of residents are recorded as possessing school level qualifications and 47.2% 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, Midgrove Lane, Oldham, the average age was 45.6 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 7, Midgrove Lane, Oldham, 1.0% 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 7, Midgrove 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.
