508, MANCHESTER ROAD, BURY, BL9 9NZ - £255,000

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.

508 MANCHESTER ROAD is a small extended semi-detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £327,970. It was last sold for £255,000 in November 2020, which was around 28% above the average November 2020 semi-detached price in the Bury local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

508 MANCHESTER ROAD Sold Prices

Land registry data shows two sales for 508 MANCHESTER ROAD 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. Both of the two 508 MANCHESTER ROAD sales were for above 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
2020 17 NOV	£255,000	£198,467	28% above HPI
2000 11 FEB	£62,000	£50,099	24% above HPI

508 MANCHESTER ROAD 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 508 MANCHESTER ROAD sales from February 2000 and November 2020 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 was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 508 MANCHESTER ROAD be worth now?

508 MANCHESTER ROAD might now be worth an estimated £327,970.

This is based on house price inflation of 28.6%, between November 2020 and February 2025, 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 28.6% inflationary increase is applied to the most recent sale price for 508 MANCHESTER ROAD of £255,000 on 17th November 2020. For the value to have increased from £255,000 to £327,970 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 508 MANCHESTER ROAD has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The November 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 508 MANCHESTER ROAD has not materially changed since November 2020.

How Large is 508 MANCHESTER ROAD?

508 MANCHESTER ROAD is 100m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% 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 508 MANCHESTER ROAD lies on this distribution: 38% of semi-detached houses houses are smaller than 508 MANCHESTER ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Bury.

508 MANCHESTER ROAD: Plot and Title Map

508 MANCHESTER ROAD sits on a plot of roughly 1.5 acres, or 5,919m². The below map shows the location of 508 MANCHESTER ROAD, 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 508 MANCHESTER ROAD). 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 508 MANCHESTER ROAD?

508 MANCHESTER ROAD is located in BURY, in the BL9 postcode district. The below map shows the position of No. 508 on MANCHESTER ROAD.