The Drive, Bury, BL9

Street Guide For The Drive, Bury, BL9

 
 

The Drive, Bury, BL9 Map

Estimated Price: £292,008
Average Asking Price: £178,180
Price change in last one year: £14,002
Average Price Paid: £207,833
Average Rent Rates: £691

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

Free House valuation

 

Property Prices Breakdown in The Drive, Bury, BL9

Average Price for property in The Drive, Bury, BL9 is around £292,008 which varies based on type of property you are interested in and ranges from £364,302 for detached house to around £253,734 for semi-detached. Values have been changing and have risen £481 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £937 in last 6 months, £14,002 in last 1 year, £21,452 in last 2 years, £28,320 in last 3 years, £17,531 in last 4 years and £15,431 in last 5 years.

Currently average asking price of a property in The Drive, Bury, BL9 is around £178,180 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 £691 per month.

Estimated property value in The Drive, Bury, BL9 is £292,008. Average asking price is £178,180 while average price paid is £188,500 which is up by £14,002 and Avg. asking rent £691.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 The Drive, Bury, BL9 area. In last 1 year alone average price buyer paid is around £188,500 based on approximately 1 sales in The Drive, Bury, BL9 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £212,928. 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 £207,833 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £207,375 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 The Drive, 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 The Drive, Bury, BL9 area.

Popular Houses in The Drive, 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 The Drive, Bury, BL9