3, RIVERBANK DRIVE, BURY, BL8 1UR - £130,000

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

3 RIVERBANK DRIVE is a very small semi-detached house of 65m², built sometime between 1983 and 1990. It was last sold for £130,000 in May 2011, which was around 1% above the average May 2011 semi-detached price in the Bury local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

3 RIVERBANK DRIVE Sold Prices

Land registry data shows two sales for 3 RIVERBANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. One of the two 3 RIVERBANK DRIVE sales was for above the average price, whilst the other was roughly equal to 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
2011 20 MAY	£130,000	£128,924	1% above HPI
2000 11 FEB	£50,000	£50,099	Close to HPI

3 RIVERBANK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bury local authority area over time, sourced from the HPI. The two 3 RIVERBANK DRIVE sales from February 2000 and May 2011 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 February 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2011 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 RIVERBANK DRIVE be worth now?

3 RIVERBANK DRIVE might now be worth an estimated £260,200.

This is based on house price inflation of 100.2%, between May 2011 and December 2024, for semi-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 100.2% inflationary increase is applied to the most recent sale price for 3 RIVERBANK DRIVE of £130,000 on 20th May 2011. For the value to have increased from £130,000 to £260,200 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 3 RIVERBANK DRIVE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The May 2011 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIVERBANK DRIVE has not materially changed since May 2011.

How Large is 3 RIVERBANK DRIVE?

3 RIVERBANK DRIVE is 65m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of semi-detached houses houses in Bury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bury, and where 3 RIVERBANK DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 3 RIVERBANK DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bury.

3 RIVERBANK DRIVE: Plot and Title Map

3 RIVERBANK DRIVE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 3 RIVERBANK DRIVE, 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 3 RIVERBANK DRIVE). 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 3 RIVERBANK DRIVE?

3 RIVERBANK DRIVE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 3 on RIVERBANK DRIVE.