According to the public record, 2, Merton Grove, Oldham is a mid-century freehold house with 656 ft2 of internal area and sits on a 226 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Merton Grove, Chadderton, Oldham, OL9 is located in the borough of Oldham within the OL9 postal district.
2, Merton Grove, Oldham has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated April 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Merton Grove Oldham as £184,664 and the rental value as £829 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Merton Grove Oldham has increased by £5,666 (3.1%) and its rental value has increased by £37 per month (4.5%).
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 2, Merton Grove, Oldham is in very good condition we estimate a sale value of £193,898 and rental value of £870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,738 and a rental value of £771 per month.
If you were able to purchase this property for the estimated value of £184,664, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £908 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Merton Grove, Oldham sits on a plot of 226m2.
We have plot size data on 13 out of 24 other houses in the postcode and 2, Merton Grove, Oldham sits on the 10th largest plot.
According to HM Land Registry, 2, Merton Grove, Oldham was last sold on 24 Nov 2015 for £92,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 78.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Merton Grove, Oldham within a radius of 590 metres over the last 2 years.
The most recent example is 18, Kirby Avenue, Oldham, OL9 9PF, a Leasehold house which sold for £174,000 in Aug 2023.
Read more about house prices in OL9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merton Grove, Chadderton, Oldham, OL9 has a total of 24 addresses. According to our analysis of all the public data, 2, Merton Grove, Oldham is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in OL9.
2, Merton Grove, Oldham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Merton Grove, Oldham is Moston station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Merton Grove, Oldham, 47.9% of property is privately owned outright and 27.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 2, Merton Grove, Oldham, 11.8% of residents are recorded as possessing school level qualifications and 19.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Merton Grove, Oldham, the average age was 40.2 and the most common age was 32.
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 2, Merton Grove, Oldham, 2.0% 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 2, Merton Grove, Oldham, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.