Bolton

Area Guide For Bolton

Bolton is a town in Greater Manchester, in the North West of England. Close to the West Pennine Moors, it is 10 miles (16 km) north west of the city of Manchester. Bolton is surrounded by several smaller towns and villages which together form the Metropolitan Borough of Bolton, of which Bolton is the administrative centre. The town of Bolton has a population of 139,403, whilst the wider metropolitan borough has a population of 262,400. Historically a part of Lancashire, Bolton originated as a small settlement in the moorland known as Bolton le Moors. During the English Civil War the town was a Parliamentarian outpost in a staunchly Royalist region, and as a result Bolton was stormed by 3,000 Royalist troops led by Prince Rupert of the Rhine in 1644. In what became known as the Bolton Massacre, 1,600 residents were killed and 700 were taken prisoner. Noted as a former mill town, Bolton has been a production centre for textiles since Flemish weavers settled in the area during the 15th century, developing a wool and cotton weaving tradition. The urbanisation and development of Bolton largely coincided with the introduction of textile manufacture during the Industrial

 
 

Bolton Map

Estimated Price: £150,265
Average Asking Price: £182,637
Price change in last one year: £4,963
Average Price Paid: £130,851
Average Rent Rates: £655

 
 

Property Prices Breakdown in Bolton

Average Price for property in Bolton is around £150,265 which varies based on type of property you are interested in and ranges from £284,164 for detached house to around £146,365 for semi-detached. Similarly terraced house is around £96,312 and a flat is worth £113,447. Values have been changing and have risen £306 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,162 in last 6 months, £4,963 in last 1 year, £6,780 in last 2 years, £13,170 in last 3 years, £9,406 in last 4 years and £8,165 in last 5 years.

Currently average asking price of a property in Bolton is around £182,637 based on approximately 2,741 properties for sale. Same is the case with rental options based on 718 properties up for rent, average asking rent is around £655 per month.

Estimated property value in Bolton is £150,265. Average asking price is £182,637 while average price paid is £132,033 which is up by £4,963 and Avg. asking rent £655.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 Bolton area. In last 1 year alone average price buyer paid is around £132,033 based on approximately 2,741 sales in Bolton area alone. If you compare it to last 3 years sales of 8,084 properties where buyers paid around £129,821. 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 £130,851 for 13,019 and average amount paid for purchase of approx. 18,460 properties sold in last 7 years comes to about £132,555 per sale.

 
 

Properties For Sale in Bolton

 
 

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 £105,072, £97,838 for a 2 bedroom house, £150,204 for a 3 bedroom house, £283,353 for a 4 bedroom house and £470,977 for a 5 bedroom house. For a flat similarly the prices varies from £71,249 for a single bedroom to £99,145 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £174,985. To sum up the asking prices for properties in Bolton it comes to around average £80,473 for 1 bedroom property, £98,067 for 2 bedroom, £150,508 for 3 bedroom, £283,353 for 4 bedroom and £470,977 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 £334 for 1 bedroom to £461 for 2 bedrooms, £566 for 3 bedrooms, £912 for 4 bedrooms and £1,756 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £388. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £493 and £589 for 3 bedroom. You should be generally be expecting around average £379 rent per month for single bedroom property, £472 for 2 bedroom, £568 for 3 bedroom, £912 for 4 bedroom and approximately £1,756 for a 5 bedroom property in Bolton area.

Popular Houses in Bolton

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.

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