62, RAMSBOTTOM ROAD, HAWKSHAW, BURY, BL8 4JS - £250,000

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.

62 RAMSBOTTOM ROAD is a very small terraced house of 69m², built sometime before 1900, which could now be worth an estimated £297,299. It was last sold for £250,000 in November 2021, which was around 50% above the average November 2021 terraced price in the Bury local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

62 RAMSBOTTOM ROAD Sold Prices

Land registry data shows two sales for 62 RAMSBOTTOM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bury local authority area for the corresponding sale date. Both of the two 62 RAMSBOTTOM ROAD 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
2021 2 NOV	£250,000	£167,075	50% above HPI
2017 17 NOV	£194,000	£125,771	54% above HPI

62 RAMSBOTTOM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 62 RAMSBOTTOM ROAD sales from November 2017 and November 2021 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 November 2017 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2021 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 62 RAMSBOTTOM ROAD be worth now?

62 RAMSBOTTOM ROAD might now be worth an estimated £297,299.

This is based on house price inflation of 18.9%, between November 2021 and May 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 18.9% inflationary increase is applied to the most recent sale price for 62 RAMSBOTTOM ROAD of £250,000 on 2nd November 2021. For the value to have increased from £250,000 to £297,299 over the five years and six months to May 2026, the following assumptions must hold true:

• The value of 62 RAMSBOTTOM ROAD has moved in line with the HPI for terraced houses in the Bury local authority area.
• The November 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 62 RAMSBOTTOM ROAD has not materially changed since November 2021.

How Large is 62 RAMSBOTTOM ROAD?

62 RAMSBOTTOM ROAD is 69m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of terraced houses in Hawkshaw, based on EPC data. The below chart shows the distribution of terraced houses by size in Hawkshaw, and where 62 RAMSBOTTOM ROAD lies on this distribution: 4% of terraced houses are smaller than 62 RAMSBOTTOM ROAD, and 96% of terraced houses are larger. Note that EPC data is not available for all properties in Hawkshaw.

Where is 62 RAMSBOTTOM ROAD?

62 RAMSBOTTOM ROAD is located in HAWKSHAW, in the BL8 postcode district.