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1 Gigg Lane is a residential building situated on Gigg Lane, Bury, BL9 with 2 addresses.
It ranks as the largest and 241st most expensive of the 268 buildings in the BL9 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
1 Gigg Lane is a residential building situated on Gigg Lane, Bury, BL9 with 2 addresses.
It ranks as the largest and 241st most expensive of the 268 buildings in the BL9 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £154,161 for 3 bedroom leasehold flats (990 ft2) to £161,977 for 3 bedroom leasehold houses with a garden (861 ft2) .
Monthly rental prices range from £923 pcm for 3 bed flats to £947 pcm for 3 bed houses.
The gross rental yield is between 7.0% and 7.2%.
The average value per square foot is £172.
The last sale in 1 Gigg Lane sold for £110,000 on 6th October 2021. Since then prices are up an average of 23.2%.
The current average value in the building is £158,069.
The 1 Gigg Lane Sales Market has increased by 69.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £158,069 |
| May 2025 | 3.9% | £152,555 |
| May 2024 | 3.2% | £146,760 |
| May 2023 | 4.8% | £142,215 |
| May 2022 | 10% | £135,688 |
| May 2021 | 13.4% | £123,369 |
| May 2020 | 1.4% | £108,768 |
| May 2019 | 4.8% | £107,256 |
| May 2018 | 5.4% | £102,390 |
| May 2017 | 4.2% | £97,111 |
| May 2016 | 2.4% | £93,186 |
| May 2015 | 4.5% | £91,017 |
| May 2014 | 4% | £87,063 |
| May 2013 | -2.3% | £83,688 |
| May 2012 | -1.6% | £85,677 |
| May 2011 | -2.5% | £87,055 |
| May 2010 | -2.9% | £89,289 |
| May 2009 | -12.4% | £91,925 |
| May 2008 | 2% | £104,904 |
| May 2007 | 0% | £102,870 |
The current average rental value in the building is £935.
The 1 Gigg Lane Rental Market has increased by 70.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £935pcm |
| May 2025 | 6.4% | £905pcm |
| May 2024 | 11.4% | £850pcm |
| May 2023 | 7.9% | £763pcm |
| May 2022 | 6.8% | £707pcm |
| May 2021 | 9.7% | £662pcm |
| May 2020 | 3.3% | £604pcm |
| May 2019 | 2.7% | £585pcm |
| May 2018 | 1.4% | £569pcm |
| May 2017 | 2.6% | £561pcm |
| May 2016 | 3.2% | £547pcm |
| May 2015 | 3% | £530pcm |
| May 2014 | 1.1% | £515pcm |
| May 2013 | 0.2% | £509pcm |
| May 2012 | -0.3% | £508pcm |
| May 2011 | 2.6% | £510pcm |
| May 2010 | -1.5% | £496pcm |
| May 2009 | -6.5% | £504pcm |
| May 2008 | 0.7% | £539pcm |
| May 2007 | 0% | £535pcm |
The last sale was on 6th October 2021 for £110,000 and since then the market in the area has increased by 23.2%. The building has had a total of 1 sales since 1995.
1, Gigg Lane, Bury, BL9 9HG has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 1, Gigg Lane, Bury, BL9 9HG is Kearsley (Manchester) station which is 6.6 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Gigg Lane, Bury, BL9 9HG, 33.6% of property is privately owned outright and 32.1% is privately rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Gigg Lane, Bury, BL9 9HG, 20.6% of residents are recorded as possessing school level qualifications and 22.2% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Gigg Lane, Bury, BL9 9HG, the average age was 36.5 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Gigg Lane, Bury, BL9 9HG, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Gigg Lane, Bury, BL9 9HG, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.