343, OLDHAM ROAD, MIDDLETON, MANCHESTER, M24 2DN - £115,000

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.

343 OLDHAM ROAD is a small terraced house of 68m², built sometime before 1900, which could now be worth an estimated £127,957. It was last sold for £115,000 in May 2024, which was around 25% below the average May 2024 terraced price in the Rochdale local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

343 OLDHAM ROAD Sold Prices

Land registry data shows two sales for 343 OLDHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Rochdale local authority area for the corresponding sale date. Both of the two 343 OLDHAM 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
2024 3 MAY	£115,000	£153,330	25% below HPI
2003 5 DEC	£36,500	£59,570	39% below HPI

343 OLDHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The two 343 OLDHAM ROAD sales from December 2003 and May 2024 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 December 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 343 OLDHAM ROAD be worth now?

343 OLDHAM ROAD might now be worth an estimated £127,957.

This is based on house price inflation of 11.3%, between May 2024 and May 2026, for terraced houses, in the Rochdale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 343 OLDHAM ROAD of £115,000 on 3rd May 2024. For the value to have increased from £115,000 to £127,957 over the two years to May 2026, the following assumptions must hold true:

• The value of 343 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Rochdale local authority area.
• The May 2024 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 343 OLDHAM ROAD has not materially changed since May 2024.

How Large is 343 OLDHAM ROAD?

343 OLDHAM ROAD is 68m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of terraced houses in Middleton, based on EPC data. The below chart shows the distribution of terraced houses by size in Middleton, and where 343 OLDHAM ROAD lies on this distribution: 26% of terraced houses are smaller than 343 OLDHAM ROAD, and 71% of terraced houses are larger. Note that EPC data is not available for all properties in Middleton.

Where is 343 OLDHAM ROAD?

343 OLDHAM ROAD is located in MIDDLETON, in the M24 postcode district.