21, BANKSIDE CLOSE, SALFORD, M7 3AH - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 BANKSIDE CLOSE is a small detached house of 96m², built in 2019, which could now be worth an estimated £318,607. It was last sold for £305,000 in June 2022, which was around 18% below the average June 2022 detached price in the Bury local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

21 BANKSIDE CLOSE Sold Prices

Land registry data shows two sales for 21 BANKSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 21 BANKSIDE 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
2022 24 JUN	£305,000	£373,550	18% below HPI
2022 13 MAY	£305,000	£368,468	17% below HPI

21 BANKSIDE 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 two 21 BANKSIDE CLOSE sales from May 2022 and June 2022 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 May 2022 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 21 BANKSIDE CLOSE be worth now?

21 BANKSIDE CLOSE might now be worth an estimated £318,607.

This is based on house price inflation of 4.5%, between June 2022 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 4.5% inflationary increase is applied to the most recent sale price for 21 BANKSIDE CLOSE of £305,000 on 24th June 2022. For the value to have increased from £305,000 to £318,607 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 21 BANKSIDE CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The June 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 21 BANKSIDE CLOSE has not materially changed since June 2022.

How Large is 21 BANKSIDE CLOSE?

21 BANKSIDE CLOSE is 96m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses houses in Salford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salford, and where 21 BANKSIDE CLOSE lies on this distribution: 30% of detached houses houses are smaller than 21 BANKSIDE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Salford.

21 BANKSIDE CLOSE: Plot and Title Map

21 BANKSIDE CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 21 BANKSIDE 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 21 BANKSIDE 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 21 BANKSIDE CLOSE?

21 BANKSIDE CLOSE is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 21 on BANKSIDE CLOSE.