According to the public record, 7, Springbank, Oldham is a early-century leasehold house with 731 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Springbank, Chadderton, Oldham, OL9 is located in the borough of Oldham within the OL9 postal district.
7, Springbank, Oldham has 21 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Springbank Oldham as £183,772 and the rental value as £816 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7 Springbank Oldham has increased by £6,017 (3.3%) and its rental value has increased by £46 per month (5.6%).
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 7, Springbank, Oldham is in very good condition we estimate a sale value of £192,960 and rental value of £857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,908 and a rental value of £759 per month.
If you were able to purchase this property for the estimated value of £183,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £903 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, 7, Springbank, Oldham sits on a plot of 213m2.
We have plot size data on 24 out of 25 other houses in the postcode and 7, Springbank, Oldham sits on the 15th largest plot.
According to HM Land Registry, 7, Springbank, Oldham was last sold on 12 Nov 2021 for £162,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Nov 2021, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Springbank, Oldham within a radius of 650 metres over the last 2 years.
The most recent example is 11, Springbank, Oldham, OL9 9JB, a Leasehold house which sold for £212,000 in Aug 2023.
Read more about house prices in OL9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springbank, Chadderton, Oldham, OL9 has a total of 25 addresses. According to our analysis of all the public data, 7, Springbank, Oldham is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in OL9.
7, Springbank, Oldham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2021.
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 7, Springbank, Oldham is Mills Hill (Manchester) station which is 1.8 kilometres 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 7, Springbank, Oldham, 43.4% of property is privately owned outright and 37.7% 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 7, Springbank, Oldham, 14.9% of residents are recorded as possessing school level qualifications and 39.7% 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 7, Springbank, Oldham, the average age was 38.4 and the most common age was 17.
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 7, Springbank, 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 7, Springbank, 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.