7, BANKSIDE PLACE, RADCLIFFE, MANCHESTER, M26 1RW - £500,000

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.

7 BANKSIDE PLACE is a very large detached house of 202m², which could now be worth an estimated £523,385. It was last sold for £500,000 in July 2022, which was around 34% above the average July 2022 detached price in the Bury local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was B.

7 BANKSIDE PLACE Sold Prices

Land registry data shows two sales for 7 BANKSIDE PLACE 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 7 BANKSIDE PLACE 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
2022 22 JUL	£500,000	£372,780	34% above HPI
2015 16 OCT	£360,000	£233,175	54% above HPI

7 BANKSIDE PLACE 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 7 BANKSIDE PLACE sales from October 2015 and July 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 October 2015 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2022 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 7 BANKSIDE PLACE be worth now?

7 BANKSIDE PLACE might now be worth an estimated £523,385.

This is based on house price inflation of 4.7%, between July 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 4.7% inflationary increase is applied to the most recent sale price for 7 BANKSIDE PLACE of £500,000 on 22nd July 2022. For the value to have increased from £500,000 to £523,385 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 7 BANKSIDE PLACE has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BANKSIDE PLACE has not materially changed since July 2022.

How Large is 7 BANKSIDE PLACE?

7 BANKSIDE PLACE is 202m² according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in Radcliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Radcliffe, and where 7 BANKSIDE PLACE lies on this distribution: 94% of detached houses houses are smaller than 7 BANKSIDE PLACE, and 6% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

7 BANKSIDE PLACE: Plot and Title Map

7 BANKSIDE PLACE sits on a plot of roughly 0.923 of an acre, or 3,736m². The below map shows the location of 7 BANKSIDE PLACE, 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 7 BANKSIDE PLACE). 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 7 BANKSIDE PLACE?

7 BANKSIDE PLACE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 7 on BANKSIDE PLACE.