According to the public record, 38, Deardens Street, Bury is a modern leasehold apartment and with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Deardens Street, Bury, BL8 is located in the borough of Bury within the BL8 postal district.
38, Deardens Street, Bury has 21 entries in the Land Registry database, most recently in August 2020 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 Deardens Street Bury as £80,428 and the rental value as £609 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 38 Deardens Street Bury has increased by £1,615 (2.0%) and its rental value has increased by £9 per month (1.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 38, Deardens Street, Bury is in very good condition we estimate a sale value of £84,449 and rental value of £640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,798 and a rental value of £567 per month.
If you were able to purchase this property for the estimated value of £80,428, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £395 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 38, Deardens Street, Bury was last sold on 14 Aug 2020 for £66,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2020, the market for similar properties has risen 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Deardens Street, Bury within a radius of 187m over the last 2 years.
The most recent example is 34, Deardens Street, Bury, BL8 2PB, a Leasehold flat which sold for £81,000 in Apr 2022.
Read more about house prices in BL8.
Deardens Street, Bury, BL8 has a total of 26 addresses. According to our analysis of all the public data, 38, Deardens Street, Bury is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in BL8.
38, Deardens Street, Bury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 38, Deardens Street, Bury is Kearsley (Manchester) station which is 6.3 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Deardens Street, Bury, 45.4% of property is privately rented and 28.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 38, Deardens Street, Bury, 19.4% of residents are recorded as possessing school level qualifications and 28.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 38, Deardens Street, Bury, the average age was 38.4 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 38, Deardens Street, Bury, 0.5% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 38, Deardens Street, Bury, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.