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According to the public record, Flat 2, Springfield, Oldham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 768 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 Flat 2, Springfield, Oldham is £246,769 and the estimated rental value is £1,115 per month.
The apartment is within Springfield, Heathfields Square, Uppermill, Oldham, OL3.
Heathfields Square, Uppermill, Oldham, OL3 is located in the borough of Oldham within the OL3 postal district.
Flat 2, Springfield, Oldham has a single entry in the Land Registry from December 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Flat 2, Springfield, Oldham is in very good condition we estimate a sale value of £259,108 and a rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,496 and a rental value of £1,037 per month.
Over the last 12 months the sale value of Flat 2 Springfield Oldham has increased by an estimated £9,472 (3.8%) and its rental value has increased by an estimated £22 per month (2.0%), giving an expected gross yield of 5.4%.
According to HM Land Registry, Flat 2, Springfield, Oldham was last sold on 17th December 2009 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2009, the market for similar properties has risen 60.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Springfield, Oldham within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Flat 1, Holmdale, Heathfields Square, Oldham, OL3 6EX, a leasehold flat which sold for £235,900 on the 21st July 2023.
Read more about house prices in OL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heathfields Square, Uppermill, Oldham, OL3 has a total of 19 addresses. According to our analysis of all the public data, Flat 2, Springfield, Oldham is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in OL3.
The closest station to Flat 2, Springfield, Oldham is Greenfield station which is 1.5 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 Flat 2, Springfield, Oldham, 48.4% of property is privately owned outright and 25.8% 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 Flat 2, Springfield, Oldham, 15.4% of residents are recorded as possessing school level qualifications and 42.5% 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 Flat 2, Springfield, Oldham, the average age was 45.7 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 Flat 2, Springfield, 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 Flat 2, Springfield, Oldham, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.