498, EDGE LANE, DROYLSDEN, MANCHESTER, M43 6JW - £148,500

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.

498 EDGE LANE is a very large extended terraced house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £156,660. It was last sold for £148,500 in June 2023, which was around 12% below the average June 2023 terraced price in the Tameside local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

498 EDGE LANE Sold Prices

Land registry data shows two sales for 498 EDGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Tameside local authority area for the corresponding sale date. Both of the two 498 EDGE LANE 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
2023 16 JUN	£148,500	£167,997	12% below HPI
2007 21 SEP	£78,500	£112,908	30% below HPI

498 EDGE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tameside local authority area over time, sourced from the HPI. The two 498 EDGE LANE sales from September 2007 and June 2023 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 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 498 EDGE LANE be worth now?

498 EDGE LANE might now be worth an estimated £156,660.

This is based on house price inflation of 5.5%, between June 2023 and June 2025, for terraced 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 5.5% inflationary increase is applied to the most recent sale price for 498 EDGE LANE of £148,500 on 16th June 2023. For the value to have increased from £148,500 to £156,660 over the two years to June 2025, the following assumptions must hold true:

• The value of 498 EDGE LANE has moved in line with the HPI for terraced houses in the Tameside local authority area.
• The June 2023 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 498 EDGE LANE has not materially changed since June 2023.

How Large is 498 EDGE LANE?

498 EDGE LANE is 130m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of terraced houses houses in Droylsden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Droylsden, and where 498 EDGE LANE lies on this distribution: 86% of terraced houses houses are smaller than 498 EDGE LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Droylsden.

498 EDGE LANE: Plot and Title Map

498 EDGE LANE sits on a plot of roughly 0.411 of an acre, or 1,663m². The below map shows the location of 498 EDGE LANE, 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 498 EDGE LANE). 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 498 EDGE LANE?

498 EDGE LANE is located in DROYLSDEN, in the M43 postcode district. The below map shows the position of No. 498 on EDGE LANE.