50, SILVERMERE CLOSE, RAMSBOTTOM, BURY, BL0 9WH - £167,000

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.

50 SILVERMERE CLOSE is a terraced house, which could now be worth an estimated £280,827. It was last sold for £167,000 in July 2007, which was around 44% above the average July 2007 terraced price in the Bury local authority area.

50 SILVERMERE CLOSE Sold Prices

Land registry data shows four sales for 50 SILVERMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bury local authority area for the corresponding sale date. All of the four 50 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
2007 20 JUL	£167,000	£115,589	44% above HPI
2005 1 MAR	£145,000	£90,898	60% above HPI
2004 6 FEB	£127,950	£74,279	72% above HPI
2002 28 MAR	£86,950	£46,553	87% above HPI

What might 50 SILVERMERE CLOSE be worth now?

50 SILVERMERE CLOSE might now be worth an estimated £280,827.

This is based on house price inflation of 68.2%, between July 2007 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 68.2% inflationary increase is applied to the most recent sale price for 50 SILVERMERE CLOSE of £167,000 on 20th July 2007. For the value to have increased from £167,000 to £280,827 over the nineteen years and three months to April 2026, the following assumptions must hold true:

• The value of 50 SILVERMERE CLOSE has moved in line with the HPI for terraced houses in the Bury local authority area.
• The July 2007 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 50 SILVERMERE CLOSE has not materially changed since July 2007.

Where is 50 SILVERMERE CLOSE?

50 SILVERMERE CLOSE is located in RAMSBOTTOM, in the BL0 postcode district.