2, RIVER VIEW CLOSE, PRESTWICH, MANCHESTER, M25 9TE - £227,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 RIVER VIEW CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £262,053. It was last sold for £227,000 in July 2021, which was around 33% below the average July 2021 detached price in the Bury local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

2 RIVER VIEW CLOSE Sold Prices

Land registry data shows three sales for 2 RIVER VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the three 2 RIVER VIEW CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 26 JUL	£227,000	£338,019	33% below HPI
2018 18 DEC	£160,000	£284,223	44% below HPI
2000 17 MAR	£53,000	£85,335	38% below HPI

2 RIVER VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 2 RIVER VIEW CLOSE sales between March 2000 and July 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 RIVER VIEW CLOSE be worth now?

2 RIVER VIEW CLOSE might now be worth an estimated £262,053.

This is based on house price inflation of 15.4%, between July 2021 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for 2 RIVER VIEW CLOSE of £227,000 on 26th July 2021. For the value to have increased from £227,000 to £262,053 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 2 RIVER VIEW CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2021 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIVER VIEW CLOSE has not materially changed since July 2021.

How Large is 2 RIVER VIEW CLOSE?

2 RIVER VIEW CLOSE is 65m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwich, and where 2 RIVER VIEW CLOSE lies on this distribution: 3% of detached houses houses are smaller than 2 RIVER VIEW CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

2 RIVER VIEW CLOSE: Plot and Title Map

2 RIVER VIEW CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 RIVER VIEW CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 RIVER VIEW CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 RIVER VIEW CLOSE?

2 RIVER VIEW CLOSE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 2 on RIVER VIEW CLOSE.