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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, Verne Drive, Oldham is a mid-century leasehold house with 936 ft2 of internal area and sits on a 327 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, Verne Drive, Oldham is £227,120 and the estimated rental value is £1,099 per month.
Verne Drive, Oldham, OL1 is located in the borough of Oldham within the OL1 postal district.
7, Verne Drive, Oldham has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated July 2020.
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, Verne Drive, Oldham is in very good condition we estimate a sale value of £238,476 and a rental value of £1,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,221 and a rental value of £1,022 per month.
Over the last 12 months the sale value of 7 Verne Drive Oldham has increased by an estimated £12,820 (5.6%) and its rental value has increased by an estimated £44 per month (4.0%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 7, Verne Drive, Oldham sits on a plot of 327m2.
We have plot size data on 3 out of 4 other houses in the postcode and 7, Verne Drive, Oldham sits on the 2nd largest plot.
7, Verne Drive, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2020.
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, Verne Drive, Oldham was last sold on 14th December 2020 for £160,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since December 2020, the market for similar properties has risen 87.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Verne Drive, Oldham within a radius of 840 metres over the last 2 years.
The most recent example is 1, Verne Drive, Oldham, OL1 4RF, a leasehold house which sold for £215,000 on the 29th November 2024.
Read more about house prices in OL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Verne Drive, Oldham, OL1 has a total of 28 addresses. According to our analysis of all the public data, 7, Verne Drive, Oldham is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in OL1.
The closest station to 7, Verne Drive, Oldham is Greenfield station which is 5.0 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, Verne Drive, Oldham, 51.4% of property is socially rented and 22.9% 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, Verne Drive, Oldham, 13.4% of residents are recorded as possessing school level qualifications and 23.0% 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, Verne Drive, Oldham, the average age was 37.8 and the most common age was 32.
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, Verne Drive, Oldham, 0.4% 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, Verne Drive, 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.
