2, WOODHEAD CLOSE, LEES, OLDHAM, OL4 3JS - £175,000

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.

2 WOODHEAD CLOSE is a detached house, which could now be worth an estimated £308,042. It was last sold for £175,000 in February 2008, which was around 18% below the average February 2008 detached price in the Oldham local authority area.

2 WOODHEAD CLOSE Sold Prices

Land registry data shows three sales for 2 WOODHEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Two of the three 2 WOODHEAD CLOSE sales were for below the average price, whilst one 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
2008 8 FEB	£175,000	£213,333	18% below HPI
2006 25 AUG	£167,000	£189,648	12% below HPI
2001 14 SEP	£117,000	£89,808	30% above HPI

What might 2 WOODHEAD CLOSE be worth now?

2 WOODHEAD CLOSE might now be worth an estimated £308,042.

This is based on house price inflation of 76%, between February 2008 and May 2026, for 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 76% inflationary increase is applied to the most recent sale price for 2 WOODHEAD CLOSE of £175,000 on 8th February 2008. For the value to have increased from £175,000 to £308,042 over the seventeen years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 WOODHEAD CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2008 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODHEAD CLOSE has not materially changed since February 2008.

Where is 2 WOODHEAD CLOSE?

2 WOODHEAD CLOSE is located in LEES, in the OL4 postcode district.