9, Lane Drive
9, Lane Drive
Description & Estimates
9, Lane Drive, Oldham is recorded publicly as a mid-century leasehold house across 1,474 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 9, Lane Drive, Oldham is £533,732 and its rental estimate is £2,291 per month, given the available information and assuming reasonable condition.
Lane Drive, Grotton, Oldham, OL4 falls within the OL4 postal district, in the borough of Oldham.
Our Data Sources
9, Lane Drive, Oldham has 3 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 9, Lane Drive, Oldham, we estimate a market value of £560,419 and a rental value of £2,406 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £496,371 and £2,131 per month respectively.
Recent Market Change
Over the last year, 9, Lane Drive, Oldham has seen its estimated sale value increase by £9,846 (1.8%) and its estimated rental value grow by £58 per month (2.5%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
9, Lane Drive, Oldham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2014.
The property is not 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 9, Lane Drive, Oldham completed on 20th August 2021 at £490,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 31.2% over the period since August 2021.
- Sold Aug 2021£490,000
- Sold Aug 2012£345,000
- Sold Apr 2007£230,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Lane Drive, Oldham have sold within a radius of 980 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was 5, Lane Drive, Oldham, OL4 5QZ, a leasehold house which sold for £475,000.
Read more about house prices in OL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 25 addresses on Lane Drive, Grotton, Oldham, OL4, 9, Lane Drive, Oldham comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £330k more expensive than the average property across the OL4 district.
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Schools Nearby
- 700mSt Agnes CofE Primary School
- 900mSt Anne's CofE Lydgate Primary School
- 1.0kmSpringhead Infant and Nursery School
- 2.1kmOasis Academy Leesbrook
- 2.2kmWaterhead Academy
- 2.2kmMossley Hollins High School
More reading links
Public Transport Nearby
From 9, Lane Drive, Oldham, the nearest station is Mossley (Manchester), 2.3 kilometres away.
- 2.3kmMossley (Manchester)
- 2.5kmGreenfield
- 5.5kmAshton-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.
