3, BANKFIELD, HYDE, SK14 4TJ - £113,000

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.

3 BANKFIELD is a very small detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £208,707. It was last sold for £113,000 in May 2015, which was around 41% below the average May 2015 detached price in the Tameside local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 BANKFIELD Sold Prices

Land registry data shows two sales for 3 BANKFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tameside local authority area for the corresponding sale date. Both of the two 3 BANKFIELD 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
2015 28 MAY	£113,000	£192,405	41% below HPI
2000 8 SEP	£57,000	£88,121	35% below HPI

3 BANKFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tameside local authority area over time, sourced from the HPI. The two 3 BANKFIELD sales from September 2000 and May 2015 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 September 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 BANKFIELD be worth now?

3 BANKFIELD might now be worth an estimated £208,707.

This is based on house price inflation of 84.7%, between May 2015 and February 2025, for detached houses, in the Tameside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.7% inflationary increase is applied to the most recent sale price for 3 BANKFIELD of £113,000 on 28th May 2015. For the value to have increased from £113,000 to £208,707 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 3 BANKFIELD has moved in line with the HPI for detached houses in the Tameside local authority area.
• The May 2015 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BANKFIELD has not materially changed since May 2015.

How Large is 3 BANKFIELD?

3 BANKFIELD is 54m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Hyde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hyde, and where 3 BANKFIELD lies on this distribution: 1% of detached houses houses are smaller than 3 BANKFIELD, and 99% of houses are larger. Note that EPC data is not available for all properties in Hyde.

3 BANKFIELD: Plot and Title Map

3 BANKFIELD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 3 BANKFIELD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 BANKFIELD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 BANKFIELD?

3 BANKFIELD is located in HYDE, in the SK14 postcode district. The below map shows the position of No. 3 on BANKFIELD.