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According to the public record, 38, Valley Mill Lane, Bury is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Valley Mill Lane, Bury is £96,357 and the estimated rental value is £655 per month.
Valley Mill Lane, Bury, BL9 is located in the borough of Bury within the BL9 postal district.
38, Valley Mill Lane, Bury has 21 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 38, Valley Mill Lane, Bury is in very good condition we estimate a sale value of £101,175 and a rental value of £688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,612 and a rental value of £610 per month.
Over the past 12 months, the estimated sale value of 38, Valley Mill Lane, Bury has increased by £1,966 (2.0%), while its estimated rental value has grown by £13 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 8.2%.
38, Valley Mill Lane, Bury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 38, Valley Mill Lane, Bury was last sold on 15th February 2022 for £67,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2022, the market for similar properties has risen by 19.0%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Valley Mill Lane, Bury within a radius of 560 metres over the last 2 years.
The most recent example is 22, Redmere Drive, Bury, BL9 9GB, a leasehold flat which sold for £103,000 on the 18th June 2024.
Read more about house prices in BL9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valley Mill Lane, Bury, BL9 has a total of 106 addresses. According to our analysis of all the public data, 38, Valley Mill Lane, Bury is the 105th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in BL9.
The closest station to 38, Valley Mill Lane, Bury is Castleton (Manchester) station, which is 7.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 38, Valley Mill Lane, Bury, 40.0% of property is privately owned with a mortgage and 40.0% 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 38, Valley Mill Lane, Bury, 28.1% of residents are recorded as possessing school level qualifications and 35.1% 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 38, Valley Mill Lane, Bury, the average age was 34 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 38, Valley Mill Lane, Bury, 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 38, Valley Mill Lane, Bury, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
