16 Rakewood Drive

    16, RAKEWOOD DRIVE, OLDHAM, OL4 2LT

    This detached leasehold property on Rakewood Drive last sold in September 2016 for £214,000. Based on price growth in the OL4 district since then, its estimated current value is £312,008 — placing it in the 52nd percentile nationally and the 82nd percentile within OL4. The property covers 77 m² (829 sq ft), giving an estimated value of £4,052 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £214,000

    Sept 2016

    Estimated Valuation

    £312,008

    Est. £/sq ft

    £376/sq ft

    £4,052/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateJul 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Sept 2016

    £214,000

    18 Dec 2015

    £187,000

    3 Mar 1999

    £62,500

    Key Metrics

    Estimated valuation£312,008
    Value per sq ft / m²£376/sq ft (£4,052/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OL4 district percentile82nd percentile
    National percentile52nd percentile

    District Context — OL4

    OL4 covers parts of the Greater Manchester area, sitting in the north-west region. It is a mixed community with a blend of residential neighbourhoods and local employment, offering moderate housing options for families and renters.

    Average Property Price - OL4

    £234,783

    23

    National percentile

    Average Net Household Income - OL4

    £32,792

    17

    National percentile

    10-Year Annualised Price Growth - OL4

    5.5%

    93

    National percentile

    10-Year Annualised Rent Growth - OL

    5.3%

    95

    National percentile

    View full analysis for OL4

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