According to the public record, 42, Newark Road, Rochdale is a period house with 775 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newark Road, Rochdale, OL12 is located in the borough of Rochdale within the OL12 postal district.
42, Newark Road, Rochdale has no records in the Land Registry database and a single entry in the EPC database dated September 2023.
We combine this information with public data 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 42 Newark Road Rochdale as £146,879 and the rental value as £856 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 42 Newark Road Rochdale has increased by £6,317 (4.3%) and its rental value has increased by £65 per month (7.6%).
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 42, Newark Road, Rochdale is in very good condition we estimate a sale value of £154,223 and rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,597 and a rental value of £796 per month.
If you were able to purchase this property for the estimated value of £146,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £722 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Newark Road, Rochdale within a radius of 124m over the last 2 years.
The most recent example is 57, Newark Road, Rochdale, OL12 0BA, a Freehold house which sold for £142,500 in Jul 2023.
Read more about house prices in OL12.
Newark Road, Rochdale, OL12 has a total of 99 addresses. According to our analysis of all the public data, 42, Newark Road, Rochdale is the 33rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in OL12.
42, Newark Road, Rochdale has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2023.
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 42, Newark Road, Rochdale is Rochdale station which is 2.6 km away.
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 42, Newark Road, Rochdale, 35.5% of property is privately owned with a mortgage and 29.6% is socially rented.
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 42, Newark Road, Rochdale, 32.0% of residents are recorded as possessing school level qualifications and 18.4% 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 42, Newark Road, Rochdale, the average age was 41 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 42, Newark Road, Rochdale, 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 42, Newark Road, Rochdale, 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.