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4, Crag Lane, Bury is recorded publicly as a mid-century leasehold house across 1,367 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Crag Lane, Bury is £354,279 and its rental estimate is £1,356 per month, given the available information and assuming reasonable condition.
Crag Lane, Bury, BL9 falls within the BL9 postal district, in the borough of Bury.
4, Crag Lane, Bury has a single entry in the Land Registry from July 2009 and a single entry in the EPC database dated December 2020.
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.
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 4, Crag Lane, Bury, we estimate a market value of £371,993 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 £329,479 and £1,261 per month respectively.
Over the last year, 4, Crag Lane, Bury has seen its estimated sale value move up by £9,414 (2.7%) and its estimated rental value increase by £34 per month (2.5%). This results in an estimated gross rental yield of 4.6%.
4, Crag Lane, Bury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Crag Lane, Bury completed on 21st July 2009 at £182,000 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 43.0% over the period since July 2009.
Over the past 2 years 3 properties similar to 4, Crag Lane, Bury have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th May 2022, was 7, Crosfield Avenue, Bury, BL9 5NX, a leasehold house which sold for £360,000.
Read more about house prices in BL9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 11 addresses on Crag Lane, Bury, BL9, 4, Crag Lane, Bury comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £129k more expensive than the average property across the BL9 district.
From 4, Crag Lane, Bury, the nearest station is Bromley Cross (Lancs), 6.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Crag Lane, Bury, 40.5% of property is privately owned outright and 31.4% is privately owned with a mortgage.
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 4, Crag Lane, Bury, 11.4% of residents are recorded as possessing school level qualifications and 47.5% 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 4, Crag Lane, Bury, the average age was 45 and the most common age was 57.
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 4, Crag Lane, Bury, 3.6% 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 4, Crag Lane, Bury, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.