5 Mellodew Drive

    5, MELLODEW DRIVE, OLDHAM, OL1 4QE

    This semi-detached leasehold property on Mellodew Drive last sold in December 2023 for £145,000. Based on price growth in the OL1 district since then, its estimated current value is £157,585 — placing it in the 14th percentile nationally and the 39th percentile within OL1. The property covers 58 m² (624 sq ft), giving an estimated value of £2,717 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £145,000

    Dec 2023

    Estimated Valuation

    £157,585

    Est. £/sq ft

    £252/sq ft

    £2,717/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Dec 2023

    £145,000

    23 May 2003

    £72,000

    28 Feb 1997

    New build

    £45,100

    Key Metrics

    Estimated valuation£157,585
    Value per sq ft / m²£252/sq ft (£2,717/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OL1 district percentile39th percentile
    National percentile14th 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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