61, BROADWAY, ROYTON, OLDHAM, OL2 5DD - £243,000

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.

61 BROADWAY is a very large extended semi-detached house of 141m², built sometime between 1930 and 1949, which could now be worth an estimated £410,453. It was last sold for £243,000 in August 2018, which was around 69% above the average August 2018 semi-detached price in the Oldham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

61 BROADWAY Sold Prices

Land registry data shows two sales for 61 BROADWAY 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. Both of the two 61 BROADWAY 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
2018 31 AUG	£243,000	£143,802	69% above HPI
1999 14 OCT	£63,000	£47,486	33% above HPI

61 BROADWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The two 61 BROADWAY sales from October 1999 and August 2018 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 October 1999 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2018 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 61 BROADWAY be worth now?

61 BROADWAY might now be worth an estimated £410,453.

This is based on house price inflation of 68.9%, between August 2018 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 68.9% inflationary increase is applied to the most recent sale price for 61 BROADWAY of £243,000 on 31st August 2018. For the value to have increased from £243,000 to £410,453 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 61 BROADWAY has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The August 2018 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 61 BROADWAY has not materially changed since August 2018.

How Large is 61 BROADWAY?

61 BROADWAY is 141m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of semi-detached houses in Royton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Royton, and where 61 BROADWAY lies on this distribution: 98% of semi-detached houses are smaller than 61 BROADWAY, and 2% of semi-detached houses are larger. Note that EPC data is not available for all properties in Royton.

Where is 61 BROADWAY?

61 BROADWAY is located in ROYTON, in the OL2 postcode district.