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According to the public record, 8A, Vernon Road, Bury is a mid-century leasehold apartment with 678 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 8A, Vernon Road, Bury is £121,081 and the estimated rental value is £764 per month.
Vernon Road, Greenmount, Bury, BL8 is located in the borough of Bury within the BL8 postal district.
8A, Vernon Road, Bury has 31 entries in the Land Registry , most recently in September 2016 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8A, Vernon Road, Bury is in very good condition we estimate a sale value of £127,135 and a rental value of £803 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,605 and a rental value of £711 per month.
Over the last 12 months the sale value of 8A Vernon Road Bury has increased by an estimated £1,124 (0.9%) and its rental value has increased by an estimated £15 per month (1.9%), giving an expected gross yield of 7.6%.
8A, Vernon Road, Bury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Apr 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 8A, Vernon Road, Bury was last sold on 15th September 2016 for £46,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2016, the market for similar properties has dropped 11.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8A, Vernon Road, Bury within a radius of 740 metres over the last 2 years.
The most recent example is 2A, Vernon Road, Bury, BL8 4DD, a leasehold flat which sold for £105,000 on the 25th July 2017.
Read more about house prices in BL8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vernon Road, Greenmount, Bury, BL8 has a total of 49 addresses. According to our analysis of all the public data, 8A, Vernon Road, Bury is the 44th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in BL8.
The closest station to 8A, Vernon Road, Bury is Bromley Cross (Lancs) station which is 5.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 8A, Vernon Road, Bury, 62.6% of property is privately owned outright and 30.1% 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 8A, Vernon Road, Bury, 18.3% of residents are recorded as possessing school level qualifications and 40.4% 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 8A, Vernon Road, Bury, the average age was 47.9 and the most common age was 72.
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 8A, Vernon Road, Bury, 1.8% 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 8A, Vernon Road, Bury, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.