According to the public record, 8, Derwent Drive, Oldham is a mid-century leasehold house with 641 ft2 of internal area and sits on a 299 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Derwent Drive, Chadderton, Oldham, OL9 is located in the borough of Oldham within the OL9 postal district.
8, Derwent Drive, Oldham has a single entry in the Land Registry database from September 2017 and a single entry in the EPC database dated August 2009.
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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Derwent Drive Oldham as £190,672 and the rental value as £841 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Derwent Drive Oldham has increased by £6,243 (3.3%) and its rental value has increased by £47 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 8, Derwent Drive, Oldham is in very good condition we estimate a sale value of £200,206 and rental value of £883 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,325 and a rental value of £782 per month.
If you were able to purchase this property for the estimated value of £190,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £937 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, 8, Derwent Drive, Oldham sits on a plot of 299m2.
We have plot size data on 10 out of 11 other houses in the postcode and 8, Derwent Drive, Oldham sits on the 3rd largest plot.
According to HM Land Registry, 8, Derwent Drive, Oldham was last sold on 01 Sep 2017 for £124,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 61.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Derwent Drive, Oldham within a radius of 690 metres over the last 2 years.
The most recent example is 12, Keswick Avenue, Oldham, OL9 9JG, a Leasehold house which sold for £185,000 in Apr 2022.
Read more about house prices in OL9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Drive, Chadderton, Oldham, OL9 has a total of 12 addresses. According to our analysis of all the public data, 8, Derwent Drive, Oldham is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in OL9.
8, Derwent Drive, Oldham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Aug 2009.
The property is connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to 8, Derwent Drive, Oldham is Mills Hill (Manchester) station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Derwent Drive, 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 8, Derwent Drive, 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 8, Derwent Drive, 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 8, Derwent Drive, 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 8, Derwent Drive, 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.