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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1A, Racefield Hamlet, Oldham is a period leasehold apartment with 1,302 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1A, Racefield Hamlet, Oldham is £285,256 and the estimated rental value is £1,232 per month.
The apartment is within 1, Racefield Hamlet, Chadderton, Oldham, OL1.
Racefield Hamlet, Chadderton, Oldham, OL1 is located in the borough of Oldham within the OL1 postal district.
1A, Racefield Hamlet, Oldham has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 1A, Racefield Hamlet, Oldham is in very good condition we estimate a sale value of £299,519 and a rental value of £1,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,288 and a rental value of £1,146 per month.
Over the last 12 months the sale value of 1A Racefield Hamlet Oldham has increased by an estimated £3,912 (1.4%) and its rental value has increased by an estimated £25 per month (2.0%), giving an expected gross yield of 5.2%.
1A, Racefield Hamlet, Oldham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1A, Racefield Hamlet, Oldham was last sold on 21st December 2017 for £275,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has dropped 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.1 kilometres radius of 1A, Racefield Hamlet, Oldham over the last 2 years.
The most recent example is 1C, Racefield Hamlet, Oldham, OL1 2TB, a leasehold flat which sold for £150,000 on the 5th August 2021.
Read more about house prices in OL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Racefield Hamlet, Chadderton, Oldham, OL1 has a total of 11 addresses. According to our analysis of all the public data, 1A, Racefield Hamlet, Oldham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in OL1.
The closest station to 1A, Racefield Hamlet, Oldham is Mills Hill (Manchester) station which is 2.4 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 1A, Racefield Hamlet, Oldham, 32.7% of property is privately owned outright and 30.8% is socially rented.
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 1A, Racefield Hamlet, Oldham, 20.6% of residents are recorded as possessing school level qualifications and 25.3% 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 1A, Racefield Hamlet, Oldham, the average age was 44.2 and the most common age was 52.
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 1A, Racefield Hamlet, 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 1A, Racefield Hamlet, Oldham, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.
