8, GALGATE CLOSE, BURY, BL8 2TF - £293,000

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.

8 GALGATE CLOSE is a large extended detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £416,825. It was last sold for £293,000 in January 2019, which was around 3% above the average January 2019 detached price in the Bury local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

8 GALGATE CLOSE Sold Prices

Land registry data shows one sale for 8 GALGATE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bury local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 3 JAN	£293,000	£284,956	3% above HPI

What might 8 GALGATE CLOSE be worth now?

8 GALGATE CLOSE might now be worth an estimated £416,825.

This is based on house price inflation of 42.3%, between January 2019 and May 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 42.3% inflationary increase is applied to the most recent sale price for 8 GALGATE CLOSE of £293,000 on 3rd January 2019. For the value to have increased from £293,000 to £416,825 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 GALGATE CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The January 2019 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GALGATE CLOSE has not materially changed since January 2019.

How Large is 8 GALGATE CLOSE?

8 GALGATE CLOSE is 123m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 8 GALGATE CLOSE lies on this distribution: 66% of detached houses are smaller than 8 GALGATE CLOSE, and 33% of detached houses are larger. Note that EPC data is not available for all properties in Bury.

8 GALGATE CLOSE: Plot

8 GALGATE CLOSE sits on a plot of roughly 0.115 of an acre, or 465m².

Where is 8 GALGATE CLOSE?

8 GALGATE CLOSE is located in BURY, in the BL8 postcode district.