2 The Mere

    2, THE MERE, ASHTON-UNDER-LYNE, OL6 9NH

    This detached leasehold property on The Mere last sold in October 2016 for £194,000. Based on price growth in the OL6 district since then, its estimated current value is £296,096 — placing it in the 48th percentile nationally and the 80th percentile within OL6. The property covers 55 m² (592 sq ft), giving an estimated value of £5,384 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £194,000

    Oct 2016

    Estimated Valuation

    £296,096

    Est. £/sq ft

    £500/sq ft

    £5,384/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateJul 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Oct 2016

    £194,000

    13 May 2014

    £178,000

    7 Jun 2002

    £102,000

    27 Jul 2001

    £88,950

    4 Dec 1998

    £65,000

    Key Metrics

    Estimated valuation£296,096
    Value per sq ft / m²£500/sq ft (£5,384/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OL6 district percentile80th percentile
    National percentile48th percentile

    District Context — OL6

    OL6 covers parts of Greater Manchester in the northwest of England, encompassing neighbourhoods within the Oldham metropolitan borough. The area is a mixed residential community with a diverse economic profile and established renting culture.

    Average Property Price - OL6

    £224,466

    19

    National percentile

    Average Net Household Income - OL6

    £29,285

    6

    National percentile

    10-Year Annualised Price Growth - OL6

    6.0%

    97

    National percentile

    10-Year Annualised Rent Growth - OL

    5.3%

    95

    National percentile

    View full analysis for OL6

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