56, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 5SR - £147,000

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.

56 OLDHAM ROAD is a midsized terraced house of 68m², built sometime before 1900, which could now be worth an estimated £234,967. It was last sold for £147,000 in March 2020, which was around 31% above the average March 2020 terraced price in the Oldham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

56 OLDHAM ROAD Sold Prices

Land registry data shows four sales for 56 OLDHAM 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. Most of the four 56 OLDHAM ROAD sales were 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
2020 16 MAR	£147,000	£112,205	31% above HPI
2006 15 DEC	£110,000	£99,920	10% above HPI
2006 15 DEC	£110,000	£99,920	10% above HPI
2006 13 APR	£75,000	£85,852	13% below HPI

What might 56 OLDHAM ROAD be worth now?

56 OLDHAM ROAD might now be worth an estimated £234,967.

This is based on house price inflation of 59.8%, between March 2020 and April 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 59.8% inflationary increase is applied to the most recent sale price for 56 OLDHAM ROAD of £147,000 on 16th March 2020. For the value to have increased from £147,000 to £234,967 over the five years and eleven months to April 2026, the following assumptions must hold true:

• The value of 56 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The March 2020 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 56 OLDHAM ROAD has not materially changed since March 2020.

How Large is 56 OLDHAM ROAD?

56 OLDHAM ROAD is 68m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 56 OLDHAM ROAD lies on this distribution: 41% of terraced houses are smaller than 56 OLDHAM ROAD, and 57% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

56 OLDHAM ROAD: Plot

56 OLDHAM ROAD sits on a plot of roughly 0.050 of an acre, or 204m².

Where is 56 OLDHAM ROAD?

56 OLDHAM ROAD is located in SPRINGHEAD, in the OL4 postcode district.