8 Drake Close

    8, DRAKE CLOSE, OLDHAM, OL1 3EL

    This terraced freehold property on Drake Close last sold in July 2020 for £30,000. Based on price growth in the OL1 district since then, its estimated current value is £49,299 — placing it in the 0th percentile nationally and the 1st percentile within OL1. The property covers 83 m² (893 sq ft), giving an estimated value of £594 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £30,000

    Jul 2020

    Estimated Valuation

    £49,299

    Est. £/sq ft

    £55/sq ft

    £594/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (community)
    EPC currentE
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateAug 2014
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingCommunity scheme

    Transaction History

    23 Jul 2020

    £30,000

    Key Metrics

    Estimated valuation£49,299
    Value per sq ft / m²£55/sq ft (£594/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OL1 district percentile1st percentile
    National percentile0th percentile

    District Context — OL1

    OL1 covers central Oldham and surrounding neighbourhoods in Greater Manchester, sitting between the town centre and outlying residential areas. It is a diverse, working-class district with strong community roots and emerging regeneration focus.

    Average Property Price - OL1

    £204,038

    13

    National percentile

    Average Net Household Income - OL1

    £29,048

    6

    National percentile

    10-Year Annualised Price Growth - OL1

    6.1%

    97

    National percentile

    10-Year Annualised Rent Growth - OL

    5.3%

    95

    National percentile

    View full analysis for OL1

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