37, The Drive, Bury, Greater Manchester, BL9 5DGLocation See map

37 The Drive is a 4,950 square foot semi-detached house with a valuation of £745,000.

Since the house was last sold in May 2021 for £630,000, its value has risen by £115,000.

Valuation Trends

Sold house prices and home valuation trends over time

Street sold prices

Property Summary

House features, location, and investment performance

37 The Drive is a freehold semi-detached house, built before 1900. A 2018 survey recorded the property as having 4,950 square feet of floor space.

The property was a reasonable investment for its previous owner, who made a £20,000 profit between February 2015 and May 2021.

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37, The Drive, Bury, Greater Manchester BL9 5DG

Placeholder property location on the map

Sold House Prices

Timeline of sold house prices and cost per square foot

Since 37 The Drive's first recorded sale in 2015, the house's price has risen by £135,000 or 3% per year.

During the same period, the price of an average home on The Drive increased by £168,000 or 8% per year, and the average UK home increased by 6% per year.

  1. Current valuation
    £745,000

    Semi-detached house freehold, £151 per square foot

    + 18%
  2. Sold May 2021
    £630,000

    Semi-detached house freehold, £127 per square foot

    + 3%
  3. Sold February 2015
    £610,000

    Semi-detached house freehold, £123 per square foot

Valuation Comparison

Comparison of local and national house prices

House Prices in The Drive start at £272,000 for the cheapest property on the street, rising to £762,000 for the most expensive.

37 The Drive is worth 77% more than the £422,000 average property on The Drive and 148% more than the £300,000 average home in England.

Average Semi-detached House Prices in North West England

AREA
VALUE
Difference
37 The Drive
£745,000
£272,000
- 63.5%
£230,000
- 69.1%
£224,000
- 69.9%
£162,000
- 78.3%
£158,000
- 78.8%

Cost per square foot valuation

Using local prices per square foot as benchmarks for valuation

When valuing this property, one factor we consider is the average cost per square foot (CPSF) for semi-detached houses in the area. Based on this metric alone, the property's valuation would be £1,311,000.

Our valuation is below the £214 to £316 CPSF you would have to pay for a typical semi-detached house in The Drive. Factors such as features and outdoor space affect CPSF, with past sale prices reflecting these differences.

Area
Cost per sq ft
Difference
£265
+ 76.0%
+ 76.0%
37 The Drive
£151

Energy Efficiency

Energy usage and efficiency compared to the average semi-detached house in England and Wales. Figures from a 2018 survey

PROPERTY
Average semi-detached
Business
EPC Rating
Energy efficiency
D
D
Flame
Energy consumption
kWh per year
121,000
21,000
Cloud
CO₂ emissions
Tonnes per year
23.0
3.9

Valuation details

Property valuation details and commonly asked questions

In this section
  • Chevron Forward What condition is the property in?
  • 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?

At a sale price of £745,000, the property’s cost per square foot suggests it may be more modest in condition or features compared to neighbouring homes.

Making home improvements could increase the cost per square foot to within the £214 to £316 per square foot range we typically see for semi-detached houses in The Drive, increasing the property's value.

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 2018 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 sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.

If any other property details are incorrect or out-of-date, they will update automatically when next surveyed.

You can verify property details related to energy efficiency.

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