3, BURNS CLOSE, OLDHAM, OL1 4RE - £112,000

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.

3 BURNS CLOSE is a very large extended terraced house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £372,021. It was last sold for £112,000 in March 2004, which was around 106% above the average March 2004 terraced price in the Oldham local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

3 BURNS CLOSE Sold Prices

Land registry data shows one sale for 3 BURNS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Oldham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 24 MAR	£112,000	£54,267	106% above HPI

What might 3 BURNS CLOSE be worth now?

3 BURNS CLOSE might now be worth an estimated £372,021.

This is based on house price inflation of 232.2%, between March 2004 and May 2026, for terraced houses, in the Oldham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 232.2% inflationary increase is applied to the most recent sale price for 3 BURNS CLOSE of £112,000 on 24th March 2004. For the value to have increased from £112,000 to £372,021 over the 21 years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 BURNS CLOSE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The March 2004 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BURNS CLOSE has not materially changed since March 2004.

How Large is 3 BURNS CLOSE?

3 BURNS CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 20% of terraced houses in Oldham, based on EPC data. The below chart shows the distribution of terraced houses by size in Oldham, and where 3 BURNS CLOSE lies on this distribution: 81% of terraced houses are smaller than 3 BURNS CLOSE, and 18% of terraced houses are larger. Note that EPC data is not available for all properties in Oldham.

3 BURNS CLOSE: Plot

3 BURNS CLOSE sits on a plot of roughly 0.421 of an acre, or 1,702m².

Where is 3 BURNS CLOSE?

3 BURNS CLOSE is located in OLDHAM, in the OL1 postcode district.