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24, Threshfield Close, Bury, Greater Manchester, BL9 6QJ See map
24 Threshfield Close is a flat with a valuation of £78,000.
Since the property was last sold in May 2012 for £60,000, its value has risen by £18,000.
Valuation Trends
Sold property prices and home valuation trends over time
Learn about how we value property
Property Summary
Flat features, location, and investment performance
24 Threshfield Close is a leasehold flat.
The property wasn't a good investment for its previous owner, who made a £11,000 loss between August 2008 and May 2012.
Investment
24, Threshfield Close, Bury, Greater Manchester BL9 6QJ
Sold Prices
Timeline of sold property prices
Since 24 Threshfield Close's first recorded sale in 2002, the flat's price has risen by £47,500 or 7% per year.
During the same period, the price of an average home on Threshfield Close increased by £96,000 or 9% per year, and the average UK home increased by 7% per year.
- Current valuation£78,000
Flat leasehold
+ 30% - Sold May 2012£60,000
Flat leasehold
- 15% - Sold August 2008£71,000
Flat leasehold
+ 133% - Sold June 2002£30,500
Flat leasehold
Valuation Comparison
Comparison of local and national property prices
House Prices in Threshfield Close start at £78,000 for the cheapest property on the street, rising to £181,000 for the most expensive.
24 Threshfield Close is worth 46% less than the £145,000 average property on Threshfield Close and 74% less than the £300,000 average home in England.
Average Flat Prices in North West England
AREA
VALUE
Difference
24 Threshfield Close
£78,000
Valuation details
Property valuation details and commonly asked questions
In this section
- How is the property valuation estimated?
- Where are the figures sourced?
- What should I do if the details are incorrect?
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 property 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.
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.
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