16, CASTLEREA CLOSE, ECCLES, MANCHESTER, M30 0JY - £113,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 CASTLEREA CLOSE is a very small terraced house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £242,900. It was last sold for £113,000 in March 2015, which was around 8% above the average March 2015 terraced price in the Salford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

16 CASTLEREA CLOSE Sold Prices

Land registry data shows three sales for 16 CASTLEREA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Salford local authority area for the corresponding sale date. All of the three 16 CASTLEREA CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 12 MAR	£113,000	£104,534	8% above HPI
2007 8 OCT	£128,000	£114,894	11% above HPI
2001 23 MAR	£49,000	£36,571	34% above HPI

16 CASTLEREA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Salford local authority area over time, sourced from the HPI. The three 16 CASTLEREA CLOSE sales between March 2001 and March 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 16 CASTLEREA CLOSE be worth now?

16 CASTLEREA CLOSE might now be worth an estimated £242,900.

This is based on house price inflation of 115%, between March 2015 and April 2026, for terraced houses, in the Salford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 115% inflationary increase is applied to the most recent sale price for 16 CASTLEREA CLOSE of £113,000 on 12th March 2015. For the value to have increased from £113,000 to £242,900 over the ten years and eleven months to April 2026, the following assumptions must hold true:

• The value of 16 CASTLEREA CLOSE has moved in line with the HPI for terraced houses in the Salford local authority area.
• The March 2015 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CASTLEREA CLOSE has not materially changed since March 2015.

How Large is 16 CASTLEREA CLOSE?

16 CASTLEREA CLOSE is 56m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of terraced houses houses in Eccles, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Eccles, and where 16 CASTLEREA CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 16 CASTLEREA CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Eccles.

16 CASTLEREA CLOSE: Plot and Title Map

16 CASTLEREA CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 16 CASTLEREA CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 CASTLEREA CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 CASTLEREA CLOSE?

16 CASTLEREA CLOSE is located in ECCLES, in the M30 postcode district. The below map shows the position of No. 16 on CASTLEREA CLOSE.