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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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Oaklands, Bacup is recorded publicly as a mid-century freehold house across 1,905 ft2 of internal area, sitting on a 846 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Oaklands, Bacup is £505,306 and its rental estimate is £1,653 per month, given the available information and assuming reasonable condition.
Rochdale Road, Bacup, OL13 falls within the OL13 postal district, in the borough of Rossendale.
Oaklands, Bacup has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated March 2017.
We combine this information with that 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.
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 Oaklands, Bacup, we estimate a market value of £530,571 and a rental value of £1,735 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £469,934 and £1,537 per month respectively.
Over the last year, Oaklands, Bacup has seen its estimated sale value move up by £6,940 (1.4%) and its estimated rental value increase by £10 per month (0.6%). This results in an estimated gross rental yield of 3.9%.
HM Land Registry records the plot of land for Oaklands, Bacup as measuring 846 m2.
That makes it the largest plot in the postcode, where 24 of the 43 other houses have recorded plot data.
Oaklands, Bacup has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Mar 2017.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Oaklands, Bacup completed on 16th November 2022 at £500,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 1.9% over the period since November 2022.
Over the past 2 years 3 properties similar to Oaklands, Bacup have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2021, was 452, Market Street, Rochdale, OL12 8JB, a freehold house which sold for £200,000.
Read more about house prices in OL13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 275 addresses on Rochdale Road, Bacup, OL13, Oaklands, Bacup comes out as the 21st largest and the 2nd most expensive in our analysis of the public data.
It is also £283k more expensive than the average property across the OL13 district.
From Oaklands, Bacup, the nearest station is Walsden, 4.9 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Oaklands, Bacup, 33.9% of property is privately owned outright and 29.9% 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 Oaklands, Bacup, 19.9% of residents are recorded as possessing school level qualifications and 26.0% 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 Oaklands, Bacup, the average age was 39.3 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 Oaklands, Bacup, 0.8% 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 Oaklands, Bacup, 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.
