371, OLDHAM ROAD, MIDDLETON, MANCHESTER, M24 2DN - £85,000

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.

371 OLDHAM ROAD is a midsized extended terraced house of 80m², built sometime between 1900 and 1929, which could now be worth an estimated £154,098. It was last sold for £85,000 in August 2006, which was around 10% below the average August 2006 terraced price in the Rochdale local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

371 OLDHAM ROAD Sold Prices

Land registry data shows two sales for 371 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 371 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
2006 18 AUG	£85,000	£94,106	10% below HPI
1999 19 NOV	£24,500	£33,538	27% below HPI

371 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 371 OLDHAM ROAD sales from November 1999 and August 2006 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 November 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2006 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 371 OLDHAM ROAD be worth now?

371 OLDHAM ROAD might now be worth an estimated £154,098.

This is based on house price inflation of 81.3%, between August 2006 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 81.3% inflationary increase is applied to the most recent sale price for 371 OLDHAM ROAD of £85,000 on 18th August 2006. For the value to have increased from £85,000 to £154,098 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 371 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Rochdale local authority area.
• The August 2006 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 371 OLDHAM ROAD has not materially changed since August 2006.

How Large is 371 OLDHAM ROAD?

371 OLDHAM ROAD is 80m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of terraced houses in Middleton, based on EPC data. The below chart shows the distribution of terraced houses by size in Middleton, and where 371 OLDHAM ROAD lies on this distribution: 58% of terraced houses are smaller than 371 OLDHAM ROAD, and 40% of terraced houses are larger. Note that EPC data is not available for all properties in Middleton.

Where is 371 OLDHAM ROAD?

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