Riverbank Drive, Bury, BL8

Street Guide For Riverbank Drive, Bury, BL8

 
 

Riverbank Drive, Bury, BL8 Map

Estimated Price: £164,063
Average Asking Price: £222,403
Price change in last one year: £7,451
Average Price Paid: £125,991
Average Rent Rates: £600

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

Free House valuation

 

Property Prices Breakdown in Riverbank Drive, Bury, BL8

Average Price for property in Riverbank Drive, Bury, BL8 is around £164,063 which varies based on type of property you are interested in and ranges from £177,996 for detached house to around £151,292 for semi-detached. Values have been changing and have risen £179 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,828 in last 6 months, £7,451 in last 1 year, £12,754 in last 2 years, £16,413 in last 3 years, £13,393 in last 4 years and £9,194 in last 5 years.

Currently average asking price of a property in Riverbank Drive, Bury, BL8 is around £222,403 based on approximately 1 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £600 per month.

Estimated property value in Riverbank Drive, Bury, BL8 is £164,063. Average asking price is £222,403 while average price paid is £145,000 which is up by £7,451 and Avg. asking rent £600.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 Riverbank Drive, Bury, BL8 area. In last 1 year alone average price buyer paid is around £145,000 based on approximately 1 sales in Riverbank Drive, Bury, BL8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £131,362. 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 £125,991 for 12 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £125,991 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 2 bedroom is around £130,216, £180,223 for a 3 bedroom house, £335,571 for a 4 bedroom house and £403,220 for a 5 bedroom house. For a flat similarly the prices varies from £126,250 for a single bedroom to £204,880 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £359,950. To sum up the asking prices for properties in Riverbank Drive, Bury, BL8 it comes to around average £126,250 for 1 bedroom property, £139,434 for 2 bedroom, £183,520 for 3 bedroom, £335,571 for 4 bedroom and £403,220 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 £501 for 1 bedroom to £554 for 2 bedroom, £680 for 3 bedroom and £1,101 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £500. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £586. You should be generally be expecting around average £500 rent per month for single bedroom property, £560 for 2 bedroom, £680 for 3 bedroom and approximately £1,101 for 5 bedroom property in Riverbank Drive, Bury, BL8 area.

Popular Houses in Riverbank Drive, Bury, BL8

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 Riverbank Drive, Bury, BL8