8, Magnolia Gardens
8, Magnolia Gardens
Description & Estimates
8, Magnolia Gardens, Oldham is described in the public record as a modern house with 1,571 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Magnolia Gardens, Oldham is £282,578 and its rental estimate is £1,605 per month, given the available information and assuming reasonable condition.
Magnolia Gardens, Oldham, OL8 falls within the OL8 postal district, in the borough of Oldham.
Our Data Sources
8, Magnolia Gardens, Oldham has no records in the the Land Registry and a single entry in the EPC database dated January 2021.
We combine this information with public data 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.
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 8, Magnolia Gardens, Oldham, we estimate a market value of £296,707 and a rental value of £1,686 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £262,797 and £1,493 per month respectively.
Recent Market Change
Over the last year, 8, Magnolia Gardens, Oldham has seen its estimated sale value grow by £1,368 (0.5%) and its estimated rental value climb by £32 per month (2.0%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
8, Magnolia Gardens, Oldham has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 26 Jan 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Magnolia Gardens, Oldham have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd December 2021, was 56, Magnolia Gardens, Oldham, OL8 1HW, a freehold house which sold for £190,000.
Read more about house prices in OL8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Magnolia Gardens, Oldham, OL8, 8, Magnolia Gardens, Oldham comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £93k more expensive than the average property across the OL8 district.
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Schools Nearby
- 300mSt Thomas CofE Primary School
- 400mWerneth Primary School
- 400mCoppice Primary Academy
- 900mThe Brian Clarke Church of England Academy
- 1.4kmThe Hathershaw College
- 1.4kmOasis Academy Oldham
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Public Transport Nearby
From 8, Magnolia Gardens, Oldham, the nearest station is Moston, 3.8 kilometres away.
- 3.8kmMoston
- 4.0kmMills Hill (Manchester)
- 5.1kmAshton-under-Lyne
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
