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According to the public record, 9, Drake Close, Oldham is a mid-century apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Drake Close, Oldham is £66,515 and the estimated rental value is £363 per month.
Drake Close, Oldham, OL1 is located in the borough of Oldham within the OL1 postal district.
9, Drake Close, Oldham has no records in the the Land Registry and a single entry in the EPC database dated January 2016.
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.
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 9, Drake Close, Oldham is in very good condition we estimate a sale value of £69,841 and a rental value of £381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,859 and a rental value of £338 per month.
Over the last 12 months the sale value of 9 Drake Close Oldham has increased by an estimated £2,495 (3.8%) and its rental value has increased by an estimated £9 per month (2.5%), giving an expected gross yield of 6.5%.
9, Drake Close, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jan 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 9, Drake Close, Oldham within a radius of 520 metres over the last 2 years.
The most recent example is 19, Drake Close, Oldham, OL1 3EL, a leasehold flat which sold for £38,000 on the 31st August 2017.
Read more about house prices in OL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drake Close, Oldham, OL1 has a total of 30 addresses. According to our analysis of all the public data, 9, Drake Close, Oldham is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in OL1.
The closest station to 9, Drake Close, Oldham is Mills Hill (Manchester) station which is 3.9 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 9, Drake Close, Oldham, 64.6% of property is socially rented and 13.9% 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 9, Drake Close, Oldham, 36.7% of residents are recorded as possessing school level qualifications and 15.2% 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 9, Drake Close, Oldham, the average age was 32.2 and the most common age was 12.
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 9, Drake Close, Oldham, 0.0% 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 9, Drake Close, Oldham, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.