28, Mile Lane
28, Mile Lane
Description & Estimates
28, Mile Lane, Bury is recorded publicly as a mid-century leasehold house across 839 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 28, Mile Lane, Bury is £320,737 and its rental estimate is £1,356 per month, given the available information and assuming reasonable condition.
Mile Lane, Bury, BL8 falls within the BL8 postal district, in the borough of Bury.
Our Data Sources
28, Mile Lane, Bury has a single entry in the Land Registry from May 2010 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 28, Mile Lane, Bury, we estimate a market value of £336,774 and a rental value of £1,424 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £298,285 and £1,261 per month respectively.
Recent Market Change
Over the last year, 28, Mile Lane, Bury has seen its estimated sale value move up by £10,058 (3.1%) and its estimated rental value increase by £53 per month (3.9%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
28, Mile Lane, Bury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 28, Mile Lane, Bury completed on 14th May 2010 at £175,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 60.0% over the period since May 2010.
- Sold May 2010£175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28, Mile Lane, Bury have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2024, was 5, Rivington Drive, Bury, BL8 2HR, a leasehold house which sold for £260,000.
Read more about house prices in BL8.
- Sold Oct 2024£260,000 | 3 Bed House5, Rivington Drive, Bury, BL8 2HR5, Rivington Drive, Bury, BL8 2HR
- Sold Jan 2024£290,000 | 3 Bed House1, Preesall Close, Bury, BL8 2JL1, Preesall Close, Bury, BL8 2JL
- Sold Apr 2023£290,000 | 3 Bed House74, Greenhill Road, Bury, BL8 2HT74, Greenhill Road, Bury, BL8 2HT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 64 addresses on Mile Lane, Bury, BL8, 28, Mile Lane, Bury comes out as the 51st largest and the 51st most expensive in our analysis of the public data.
It is also £27k more expensive than the average property across the BL8 district.
More reading links
Schools Nearby
- 200mGreenhill Primary School
- 600mSt Stephen's Church of England Primary School
- 700mLowercroft Primary School
- 1.6kmThe Elton High School
- 1.7kmThe Derby High School
- 1.8kmSt Gabriel's RC High School, a Voluntary Academy
More reading links
Public Transport Nearby
From 28, Mile Lane, Bury, the nearest station is Farnworth, 5.4 kilometres away.
- 5.4kmFarnworth
- 5.4kmKearsley (Manchester)
- 5.5kmHall-i'-th'-Wood
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
