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9, Melbourne Close, Horwich, Bolton, Greater Manchester, BL6 6DL See map
9 Melbourne Close is a 730 square foot semi-detached house with a valuation of £275,000.
Since the house was last sold in March 2021 for £228,500, its value has risen by £46,500.
House features, location, and investment performance
9 Melbourne Close is a freehold semi-detached house, built in 1967-1975. A 2014 survey recorded the property as having 730 square feet of floor space and space for 3 bedrooms.
The property was a good investment for its previous owner, who made a £88,500 profit between February 2015 and March 2021.
9, Melbourne Close, Horwich, Bolton, Greater Manchester BL6 6DL
Sold House Prices
Timeline of sold house prices and cost per square foot
Since 9 Melbourne Close's first recorded sale in 2015, the house's price has risen by £135,000 or 11% per year.
During the same period, the price of an average home on Melbourne Close increased by £94,000 or 8% per year, and the average UK home increased by 6% per year.
- Current valuation£275,000
Semi-detached house freehold, £377 per square foot+ 20%
- Sold March 2021£228,500
Semi-detached house freehold, £313 per square foot+ 63%
- Sold February 2015£140,000
Semi-detached house freehold, £192 per square foot
Comparison of local and national house prices
House Prices in Melbourne Close start at £204,000 for the cheapest property on the street, rising to £275,000 for the most expensive.
9 Melbourne Close is worth 16% more than the £238,000 average property on Melbourne Close and 8% less than the £300,000 average home in England.
Recently sold nearbyView all
Property valuation details and commonly asked questions
- How is the property valuation estimated?
- Where are the figures sourced?
- What should I do if the details are incorrect?
What condition is the property in?
How is the property valuation estimated?
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Where are the figures sourced?
Sold house prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
Other property details, such as energy efficiency, are estimates from a 2014 property survey.
What should I do if the details are incorrect?
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
If any other property details are incorrect or out-of-date, they will update automatically when next surveyed.
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