516, CHAMBER ROAD, OLDHAM, OL8 4NG - £145,000

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.

516 CHAMBER ROAD is a very small terraced house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £179,619. It was last sold for £145,000 in March 2022, which was about the average March 2022 terraced price in the Oldham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

516 CHAMBER ROAD Sold Prices

Land registry data shows four sales for 516 CHAMBER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. The four 516 CHAMBER ROAD sales were a mix of roughly equal to the average price, above the average price, and below 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
2022 18 MAR	£145,000	£145,513	Close to HPI
2013 17 MAY	£71,419	£84,251	15% below HPI
2011 9 DEC	£84,000	£86,703	3% below HPI
2001 6 APR	£37,500	£34,297	9% above HPI

516 CHAMBER ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oldham local authority area over time, sourced from the HPI. The four 516 CHAMBER ROAD sales between April 2001 and March 2022 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 May 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 516 CHAMBER ROAD be worth now?

516 CHAMBER ROAD might now be worth an estimated £179,619.

This is based on house price inflation of 23.9%, between March 2022 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 23.9% inflationary increase is applied to the most recent sale price for 516 CHAMBER ROAD of £145,000 on 18th March 2022. For the value to have increased from £145,000 to £179,619 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 516 CHAMBER ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The March 2022 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 516 CHAMBER ROAD has not materially changed since March 2022.

How Large is 516 CHAMBER ROAD?

516 CHAMBER ROAD is 74m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of terraced houses houses in Oldham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldham, and where 516 CHAMBER ROAD lies on this distribution: 10% of terraced houses houses are smaller than 516 CHAMBER ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Oldham.

516 CHAMBER ROAD: Plot and Title Map

516 CHAMBER ROAD sits on a plot of roughly 3.0 acres, or 12,084m². The below map shows the location of 516 CHAMBER ROAD, 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 516 CHAMBER ROAD). 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 516 CHAMBER ROAD?

516 CHAMBER ROAD is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 516 on CHAMBER ROAD.