5 Rakewood Drive

    5, RAKEWOOD DRIVE, OLDHAM, OL4 2LT

    This detached leasehold property on Rakewood Drive last sold in January 2021 for £235,000. Based on price growth in the OL4 district since then, its estimated current value is £259,625 — placing it in the 40th percentile nationally and the 70th percentile within OL4. The property covers 83 m² (893 sq ft), giving an estimated value of £3,128 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £235,000

    Jan 2021

    Estimated Valuation

    £259,625

    Est. £/sq ft

    £291/sq ft

    £3,128/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jan 2021

    £235,000

    Key Metrics

    Estimated valuation£259,625
    Value per sq ft / m²£291/sq ft (£3,128/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OL4 district percentile70th percentile
    National percentile40th 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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