577, CHAMBER ROAD, OLDHAM, OL8 4NZ - £60,000

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.

577 CHAMBER ROAD is a small terraced house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £128,369. It was last sold for £60,000 in May 2013, which was around 29% below the average May 2013 terraced price in the Oldham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

577 CHAMBER ROAD Sold Prices

Land registry data shows four sales for 577 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. All of the four 577 CHAMBER ROAD sales were for 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
2013 10 MAY	£60,000	£84,251	29% below HPI
2010 10 AUG	£56,000	£94,500	41% below HPI
2000 8 MAY	£27,000	£32,875	18% below HPI
1995 25 AUG	£29,995	£30,927	3% below HPI

577 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 577 CHAMBER ROAD sales between August 1995 and May 2013 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 August 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2013 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 577 CHAMBER ROAD be worth now?

577 CHAMBER ROAD might now be worth an estimated £128,369.

This is based on house price inflation of 113.9%, between May 2013 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 113.9% inflationary increase is applied to the most recent sale price for 577 CHAMBER ROAD of £60,000 on 10th May 2013. For the value to have increased from £60,000 to £128,369 over the thirteen years to May 2026, the following assumptions must hold true:

• The value of 577 CHAMBER ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The May 2013 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 577 CHAMBER ROAD has not materially changed since May 2013.

How Large is 577 CHAMBER ROAD?

577 CHAMBER ROAD is 92m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 577 CHAMBER ROAD lies on this distribution: 32% of terraced houses houses are smaller than 577 CHAMBER ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Oldham.

577 CHAMBER ROAD: Plot and Title Map

577 CHAMBER ROAD sits on a plot of roughly 0.322 of an acre, or 1,305m². The below map shows the location of 577 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 577 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 577 CHAMBER ROAD?

577 CHAMBER ROAD is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 577 on CHAMBER ROAD.