7, STRATHMORE CLOSE, RAMSBOTTOM, BURY, BL0 9YW - £210,000

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 STRATHMORE CLOSE is a detached house, which could now be worth an estimated £494,670. It was last sold for £210,000 in May 2004, which was around 20% above the average May 2004 detached price in the Bury local authority area.

7 STRATHMORE CLOSE Sold Prices

Land registry data shows two sales for 7 STRATHMORE 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 STRATHMORE 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
2004 13 MAY	£210,000	£175,262	20% above HPI
1997 26 SEP	£88,000	£80,461	9% above HPI

What might 7 STRATHMORE CLOSE be worth now?

7 STRATHMORE CLOSE might now be worth an estimated £494,670.

This is based on house price inflation of 135.6%, between May 2004 and July 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 135.6% inflationary increase is applied to the most recent sale price for 7 STRATHMORE CLOSE of £210,000 on 13th May 2004. For the value to have increased from £210,000 to £494,670 over the 21 years and ten months to July 2026, the following assumptions must hold true:

• The value of 7 STRATHMORE CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The May 2004 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STRATHMORE CLOSE has not materially changed since May 2004.

Where is 7 STRATHMORE CLOSE?

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