78, Park Lane
78, Park Lane
Description & Estimates
78, Park Lane, Oldham is recorded publicly as a mid-century freehold house across 731 ft2 of internal area, sitting on a 141 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 78, Park Lane, Oldham is £245,676 and its rental estimate is £1,266 per month, given the available information and assuming reasonable condition.
Park Lane, Royton, Oldham, OL2 falls within the OL2 postal district, in the borough of Oldham.
Our Data Sources
78, Park Lane, Oldham has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated September 2023.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 78, Park Lane, Oldham, we estimate a market value of £257,960 and a rental value of £1,329 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,479 and £1,177 per month respectively.
Recent Market Change
Over the last year, 78, Park Lane, Oldham has seen its estimated sale value rise by £7,446 (3.0%) and its estimated rental value move up by £53 per month (4.2%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 78, Park Lane, Oldham as measuring 141 m2.
That makes it the 18th largest plot in the postcode, where 23 of the 25 other houses have recorded plot data.
Energy Efficiency
78, Park Lane, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 78, Park Lane, Oldham completed on 23rd September 2016 at £84,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 39.2% over the period since September 2016.
- Sold Sep 2016£84,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 78, Park Lane, Oldham have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was 11, Linkside Avenue, Oldham, OL2 6YS, a leasehold house which sold for £324,950.
Read more about house prices in OL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Park Lane, Royton, Oldham, OL2, 78, Park Lane, Oldham comes out as the 21st largest and the 22nd most expensive in our analysis of the public data.
It is also £15k more expensive than the average property across the OL2 district.
More reading links
Schools Nearby
- 300mRoyton Hall Primary School
- 800mSs Aidan and Oswald's Roman Catholic Primary School
- 800mThorp Primary School
- 1.1kmE-ACT Royton and Crompton Academy
- 1.2kmE-ACT the Oldham Academy North
- 1.5kmThe Crompton House Church of England Academy
More reading links
Public Transport Nearby
From 78, Park Lane, Oldham, the nearest station is Mills Hill (Manchester), 4.1 kilometres away.
- 4.1kmMills Hill (Manchester)
- 4.6kmCastleton (Manchester)
- 5.0kmRochdale
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
