Cherry Close, Bury, BL9

Street Guide For Cherry Close, Bury, BL9

 
 

Cherry Close, Bury, BL9 Map

Estimated Price: £118,051
Average Asking Price: £178,183
Price change in last one year: £5,810
Average Price Paid: £103,500
Average Rent Rates: £695

BBP Estates
65 Canning Street, BURY , Greater Manchester BL9 5

Free House valuation

 

Property Prices Breakdown in Cherry Close, Bury, BL9

Average Price for property in Cherry Close, Bury, BL9 is around £118,051 which varies based on type of property you are interested in and ranges from £118,400 for semi-detached to around £116,889 for terraced house. Values have been changing and have risen £198 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £391 in last 6 months, £5,810 in last 1 year, £8,904 in last 2 years, £11,757 in last 3 years, £7,287 in last 4 years and £6,421 in last 5 years.

Currently average asking price of a property in Cherry Close, Bury, BL9 is around £178,183 based on approximately 1 properties for sale. Same is the case with rental options based on 134 properties up for rent, average asking rent is around £695 per month.

Estimated property value in Cherry Close, Bury, BL9 is £118,051. Average asking price is £178,183 while average price paid is £112,500 which is up by £5,810 and Avg. asking rent £695.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cherry Close, Bury, BL9 area. In last 1 year alone average price buyer paid is around £112,500 based on approximately 1 sales in Cherry Close, Bury, BL9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £102,750. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £103,500 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £108,100 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £101,200, £103,342 for a 2 bedroom house, £162,367 for a 3 bedroom house, £299,010 for a 4 bedroom house and £333,069 for a 5 bedroom house. For a flat similarly the prices varies from £72,536 for a single bedroom to £119,848 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £380,000. To sum up the asking prices for properties in Cherry Close, Bury, BL9 it comes to around average £79,455 for 1 bedroom property, £106,127 for 2 bedroom, £164,746 for 3 bedroom, £299,010 for 4 bedroom and £333,069 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £568 for 1 bedroom to £484 for 2 bedrooms, £645 for 3 bedrooms, £924 for 4 bedrooms and £1,065 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £409. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £591 and £594 for 3 bedroom. You should be generally be expecting around average £446 rent per month for single bedroom property, £546 for 2 bedroom, £642 for 3 bedroom, £924 for 4 bedroom and approximately £1,065 for a 5 bedroom property in Cherry Close, Bury, BL9 area.

Popular Houses in Cherry Close, Bury, BL9

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cherry Close, Bury, BL9