According to the public record, 2A, Wellington Villas, Bury is a period leasehold apartment and with 899 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Wellington Villas, Bury, BL8.
Wellington Villas, Bury, BL8 is located in the borough of Bury within the BL8 postal district.
2A, Wellington Villas, Bury has 2 entries in the Land Registry database, most recently in September 2021 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 2A Wellington Villas Bury as £120,043 and the rental value as £708 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 2A Wellington Villas Bury has increased by £2,380 (2.0%) and its rental value has increased by £4 per month (0.6%).
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 2A, Wellington Villas, Bury is in very good condition we estimate a sale value of £126,045 and rental value of £744 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,640 and a rental value of £659 per month.
If you were able to purchase this property for the estimated value of £120,043, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £590 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, 2A, Wellington Villas, Bury was last sold on 30 Sep 2021 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2A, Wellington Villas, Bury within a radius of 149m over the last 2 years.
The most recent example is 51, Daisyfield Court, Bury, BL8 2BL, a Leasehold flat which sold for £87,500 in Feb 2007.
Read more about house prices in BL8.
Wellington Villas, Bury, BL8 has a total of 9 addresses. According to our analysis of all the public data, 2A, Wellington Villas, Bury is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in BL8.
2A, Wellington Villas, Bury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Feb 2012.
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 2A, Wellington Villas, Bury is Kearsley (Manchester) station which is 6.4 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 2A, Wellington Villas, Bury, 35.6% of property is privately rented and 28.8% 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 2A, Wellington Villas, Bury, 27.8% of residents are recorded as possessing school level qualifications and 21.1% 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 2A, Wellington Villas, 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 2A, Wellington Villas, Bury, 0.0% 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 2A, Wellington Villas, Bury, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.