16, LAUNCESTON CLOSE, OLDHAM, OL8 2XE - £126,500

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 LAUNCESTON CLOSE is a semi-detached house, which could now be worth an estimated £242,429. It was last sold for £126,500 in March 2007, which was about the average March 2007 semi-detached price in the Oldham local authority area.

16 LAUNCESTON CLOSE Sold Prices

Land registry data shows two sales for 16 LAUNCESTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. One of the two 16 LAUNCESTON CLOSE sales was roughly equal to the average price, whilst the other was 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
2007 23 MAR	£126,500	£126,744	Close to HPI
2000 21 DEC	£59,150	£48,208	23% above HPI

What might 16 LAUNCESTON CLOSE be worth now?

16 LAUNCESTON CLOSE might now be worth an estimated £242,429.

This is based on house price inflation of 91.6%, between March 2007 and May 2026, for semi-detached 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 91.6% inflationary increase is applied to the most recent sale price for 16 LAUNCESTON CLOSE of £126,500 on 23rd March 2007. For the value to have increased from £126,500 to £242,429 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 16 LAUNCESTON CLOSE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The March 2007 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LAUNCESTON CLOSE has not materially changed since March 2007.

Where is 16 LAUNCESTON CLOSE?

16 LAUNCESTON CLOSE is located in OLDHAM, in the OL8 postcode district.