8 The Ridgedales, Oldham
8 The Ridgedales, Oldham
Description & Estimates
8 The Ridgedales, Oldham is recorded publicly as a modern leasehold apartment across 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8 The Ridgedales, Oldham is £96,855 and its rental estimate is £760 per month, given the available information and assuming reasonable condition.
The Ridgedales, Coleridge Road is a residential building on Coleridge Road, Oldham, OL1 and falls within the OL1 postal district and the borough of Oldham.
Our Data Sources
8 The Ridgedales, Oldham has 21 entries in the Land Registry , most recently in December 2013 and a single entry in the EPC database dated February 2021.
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 8 The Ridgedales, Oldham, we estimate a market value of £101,698 and a rental value of £798 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £90,075 and £707 per month respectively.
Recent Market Change
Over the last year, 8 The Ridgedales, Oldham has seen its estimated sale value grow by £1,102 (1.1%) and its estimated rental value climb by £9 per month (1.2%). This results in an estimated gross rental yield of 9.4%.
Energy Efficiency
8 The Ridgedales, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 8 The Ridgedales, Oldham completed on 17th December 2013 at £47,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 85.8% over the period since December 2013.
- Sold Dec 2013£47,000
- Sold Oct 1997£29,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8 The Ridgedales, Oldham have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th January 2024, was 4 The Ridgedales, Coleridge Road, Oldham, OL1 4RT, a leasehold flat which sold for £91,000.
Read more about house prices in OL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 79 addresses on Coleridge Road, Oldham, OL1, 8 The Ridgedales, Oldham comes out as the 72nd largest and the 72nd most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the OL1 district.
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Schools Nearby
- 200mSt Thomas Moorside CofE (VA) Primary School
- 800mHodge Clough Primary School
- 1.6kmEast Crompton St George's CofE School
- 1.9kmWaterhead Academy
- 2.1kmE-ACT Royton and Crompton Academy
- 2.8kmThe Crompton House Church of England Academy
More reading links
Public Transport Nearby
From 8 The Ridgedales, Oldham, the nearest station is Greenfield, 4.9 kilometres away.
- 4.9kmGreenfield
- 6.2kmMossley (Manchester)
- 6.9kmMills Hill (Manchester)
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.
