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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
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According to the public record, 7, Summershades Lane, Oldham is a early-century leasehold house with 1,007 ft2 of internal area and sits on a 810 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, Summershades Lane, Oldham is £405,495 and the estimated rental value is £1,863 per month.
Summershades Lane, Grasscroft, Oldham, OL4 is located in the borough of Oldham within the OL4 postal district.
7, Summershades Lane, Oldham has 2 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated February 2011.
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, Summershades Lane, Oldham is in very good condition we estimate a sale value of £425,770 and a rental value of £1,956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,111 and a rental value of £1,732 per month.
Over the last 12 months the sale value of 7 Summershades Lane Oldham has increased by an estimated £15,600 (3.8%) and its rental value has increased by an estimated £85 per month (4.6%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 7, Summershades Lane, Oldham sits on a plot of 810m2.
We have plot size data on 21 out of 39 other houses in the postcode and 7, Summershades Lane, Oldham sits on the 4th largest plot.
7, Summershades Lane, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Summershades Lane, Oldham was last sold on 22nd August 2013 for £300,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since August 2013, the market for similar properties has dropped 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Summershades Lane, Oldham within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 25, Summershades Lane, Oldham, OL4 4ED, a leasehold house which sold for £455,000 on the 24th October 2024.
Read more about house prices in OL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summershades Lane, Grasscroft, Oldham, OL4 has a total of 39 addresses. According to our analysis of all the public data, 7, Summershades Lane, Oldham is the 34th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £202k more expensive than the average property in OL4.
The closest station to 7, Summershades Lane, Oldham is Greenfield station which is 1.2 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, Summershades Lane, Oldham, 57.3% of property is privately owned outright and 38.2% 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, Summershades Lane, Oldham, 13.6% of residents are recorded as possessing school level qualifications and 49.8% 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, Summershades 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, Summershades Lane, Oldham, 1.6% 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, Summershades Lane, Oldham, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
