36, SILVERMERE CLOSE, RAMSBOTTOM, BURY, BL0 9WH - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

36 SILVERMERE CLOSE is a very small terraced house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £270,640. It was last sold for £180,000 in August 2018, which was around 39% above the average August 2018 terraced price in the Bury local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

36 SILVERMERE CLOSE Sold Prices

Land registry data shows five sales for 36 SILVERMERE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Bury local authority area for the corresponding sale date. All of the five 36 SILVERMERE CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 AUG	£180,000	£129,276	39% above HPI
2015 11 SEP	£162,000	£110,401	47% above HPI
2010 16 APR	£152,000	£100,781	51% above HPI
2006 30 JUN	£147,000	£106,589	38% above HPI
2001 12 APR	£84,950	£40,259	111% above HPI

36 SILVERMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bury local authority area over time, sourced from the HPI. The five 36 SILVERMERE CLOSE sales between April 2001 and August 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2015 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 36 SILVERMERE CLOSE be worth now?

36 SILVERMERE CLOSE might now be worth an estimated £270,640.

This is based on house price inflation of 50.4%, between August 2018 and April 2026, for terraced houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.4% inflationary increase is applied to the most recent sale price for 36 SILVERMERE CLOSE of £180,000 on 9th August 2018. For the value to have increased from £180,000 to £270,640 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 36 SILVERMERE CLOSE has moved in line with the HPI for terraced houses in the Bury local authority area.
• The August 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 36 SILVERMERE CLOSE has not materially changed since August 2018.

How Large is 36 SILVERMERE CLOSE?

36 SILVERMERE CLOSE is 77m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of terraced houses houses in Ramsbottom, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ramsbottom, and where 36 SILVERMERE CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 36 SILVERMERE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

36 SILVERMERE CLOSE: Plot and Title Map

36 SILVERMERE CLOSE sits on a plot of roughly 1.1 acres, or 4,584m². The below map shows the location of 36 SILVERMERE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 36 SILVERMERE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 36 SILVERMERE CLOSE?

36 SILVERMERE CLOSE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 36 on SILVERMERE CLOSE.