Feb 07, 2023 by HM

House prices in Bury (BL9 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Bury (BL9 0).


Defining 'BL9 0'

This analysis is limited to properties whose postcode starts with "BL9 0", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Bury is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 9, Baron Street, Bury, sold for £183,000 on Dec-2023. Given the internal area of 73 square metres, the price per sqm is £2,506.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 62 sales in Bury (BL9 0) that took place in the last two years.

Distribution of £ per sqm for Bury (BL9 0)
Distribution of £ per sqm house prices in Bury

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Bury (BL9 0). Of the 62 transactions, half were sold for between £1,570 and £2,550 per square metre. The median, or 'middle', price per square metre in 'BL9 0' is £2,170. Notably, only 25% of properties that sold recently were valued at more than £2,550m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bury

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Bury. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Bury
House price heatmap for Bury

Comparison with neighbouring postcode sectors

The table below shows how 'BL9 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BL9 8 Unsworth £2,470m2 £3,010m2 £3,350m2
BL9 6 Nangreaves £1,600m2 £2,050m2 £2,490m2
BL9 0 Bury £1,570m2 £2,170m2 £2,550m2
BL9 9 Bury £1,990m2 £2,440m2 £2,890m2
BL9 5 Summerseat £1,580m2 £2,290m2 £2,880m2
BL9 7 Heap £1,550m2 £1,990m2 £2,380m2

Will Bury house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BL9 0 (Bury). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BL9 0 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Bury (BL9 0) over time
House price trends for Bury

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Bury and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Bury data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
St Johns Gardens, Bury, BL9 0N 60m2 £2,328 14
St Johns Gardens, Bury, BL9 0Q 62m2 £2,367 13
Frecheville Court, Bury, BL9 0U 55m2 £1,981 11
Manchester Road, Bury, BL9 0T 119m2 £1,714 9
The Rock, Bury, BL9 0N 47m2 £2,399 8
Millett Street, Bury, BL9 0J 104m2 £1,516 7
South Street, Bury, BL9 0J 59m2 £2,513 7
Waterloo Court, Bury, BL9 0U 52m2 £2,396 6

Search for your street here.

Raw data

Our analysis of Bury is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
9, Baron St, Bury £183,000
Dec-2023
73 2,506
Apartment 20 5, St Johns Gardens, Bury £170,000
Nov-2023
61 2,786
Flat 15 The Sidings, Frecheville Court, Bury £120,000
Oct-2023
56 2,142

See the entire list of all sales in Bury (BL9 0) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.