Scholes Street, Bury, BL8

Street Guide For Scholes Street, Bury, BL8

 
 

Scholes Street, Bury, BL8 Map

Estimated Price: £99,126
Average Asking Price: £222,403
Price change in last one year: £4,700
Average Price Paid: £86,728
Average Rent Rates: £600

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

Free House valuation

 

Property Prices Breakdown in Scholes Street, Bury, BL8

Average Price for property in Scholes Street, Bury, BL8 is around £99,126 which varies based on type of property you are interested in and ranges from £142,708 for detached house to around £108,189 for semi-detached. Similarly terraced house is around £94,365. Values have been changing and have risen £113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,153 in last 6 months, £4,700 in last 1 year, £8,048 in last 2 years, £10,357 in last 3 years, £8,454 in last 4 years and £5,809 in last 5 years.

Currently average asking price of a property in Scholes Street, Bury, BL8 is around £222,403 based on approximately 6 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 Scholes Street, Bury, BL8 is £99,126. Average asking price is £222,403 while average price paid is £84,658 which is up by £4,700 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 Scholes Street, Bury, BL8 area. In last 1 year alone average price buyer paid is around £84,658 based on approximately 6 sales in Scholes Street, Bury, BL8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £87,618. 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 £86,728 for 14 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £86,728 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 Scholes Street, 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 Scholes Street, Bury, BL8 area.

Popular Houses in Scholes Street, 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 Scholes Street, Bury, BL8