Area Guide For Bury

Bury is a town in Greater Manchester, England. It lies on the River Irwell, 5.5 miles (8.9 km) east of Bolton, 5.9 miles (9.5 km) west-southwest of Rochdale, and 7.9 miles (12.7 km) north-northwest of the city of Manchester. Bury is surrounded by several smaller settlements, which together form the Metropolitan Borough of Bury, with Bury as the largest settlement and administrative centre. Historically a part of Lancashire, Bury emerged during the Industrial Revolution as a mill town centred on textile manufacture. Bury is regionally notable for its open-air market - Bury Market - and its popularity has been increased since the introduction of the Manchester Metrolink tram system, which terminates in the town. The market is known for its supply of a local traditional dish - black pudding, served hot or cold and can be eaten either as a takeaway snack, or more commonly as an accompaniment or main ingredient of a meal starter or main course. One of Bury's most famous residents was Sir Robert Peel, Prime Minister of the United Kingdom and founder of the Metropolitan Police Service. A monument to Peel is outside Bury parish church and another, the austere Peel Monument, stands


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Estimated Price: £169,864
Average Asking Price: £200,994
Price change in last one year: £13,349
Average Price Paid: £145,259
Average Rent Rates: £653


Property Prices Breakdown in Bury

Average Price for property in Bury is around £169,864 which varies based on type of property you are interested in and ranges from £284,759 for detached house to around £165,217 for semi-detached. Similarly terraced house is around £117,162 and a flat is worth £113,792. Values have been changing and have risen £897 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £585 in last 6 months, £13,349 in last 1 year, £23,496 in last 2 years, £22,743 in last 3 years, £16,059 in last 4 years and £15,652 in last 5 years.

Currently average asking price of a property in Bury is around £200,994 based on approximately 1,301 properties for sale. Same is the case with rental options based on 211 properties up for rent, average asking rent is around £653 per month.

Estimated property value in Bury is £169,864. Average asking price is £200,994 while average price paid is £154,352 which is up by £13,349 and Avg. asking rent £653.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bury area. In last 1 year alone average price buyer paid is around £154,352 based on approximately 1,301 sales in Bury area alone. If you compare it to last 3 years sales of 3,634 properties where buyers paid around £146,137. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £145,259 for 5,722 and average amount paid for purchase of approx. 7,695 properties sold in last 7 years comes to about £146,064 per sale.


Properties For Sale in Bury


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £95,372, £118,263 for a 2 bedroom house, £173,095 for a 3 bedroom house, £325,053 for a 4 bedroom house and £378,317 for a 5 bedroom house. For a flat similarly the prices varies from £85,506 for a single bedroom to £142,535 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £369,975. To sum up the asking prices for properties in Bury it comes to around average £87,672 for 1 bedroom property, £121,945 for 2 bedroom, £175,364 for 3 bedroom, £325,053 for 4 bedroom and £378,317 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £533 for 1 bedroom to £526 for 2 bedrooms, £660 for 3 bedrooms, £924 for 4 bedrooms and £1,099 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £417. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £581 and £594 for 3 bedroom. You should be generally be expecting around average £447 rent per month for single bedroom property, £551 for 2 bedroom, £658 for 3 bedroom, £924 for 4 bedroom and approximately £1,099 for a 5 bedroom property in Bury area.

Popular Houses in Bury

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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