7, LILBURN CLOSE, RAMSBOTTOM, BURY, BL0 9LY - £150,000

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.

7 LILBURN CLOSE is a detached house, which could now be worth an estimated £291,342. It was last sold for £150,000 in February 2011, which was around 27% below the average February 2011 detached price in the Bury local authority area.

7 LILBURN CLOSE Sold Prices

Land registry data shows two sales for 7 LILBURN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 7 LILBURN CLOSE sales were for below 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
2011 11 FEB	£150,000	£206,142	27% below HPI
1998 10 AUG	£62,500	£82,901	25% below HPI

What might 7 LILBURN CLOSE be worth now?

7 LILBURN CLOSE might now be worth an estimated £291,342.

This is based on house price inflation of 94.2%, between February 2011 and April 2026, for detached 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 94.2% inflationary increase is applied to the most recent sale price for 7 LILBURN CLOSE of £150,000 on 11th February 2011. For the value to have increased from £150,000 to £291,342 over the fourteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 7 LILBURN CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The February 2011 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LILBURN CLOSE has not materially changed since February 2011.

Where is 7 LILBURN CLOSE?

7 LILBURN CLOSE is located in RAMSBOTTOM, in the BL0 postcode district.