Housing Market Analysis for MILE LANE, BL8 2JW

Are you looking to understand BL8 2JW house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Bury postcode.

For the location information and nearby amenities in the BL8 2JW area, explore the BL8 2JW Area information page.
For comprehensive crime statistics in the BL8 2JW area, explore the BL8 2JW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BL8 2JW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £227,445 median price is £207,500 Standard Deviation is £86,632 with Total Sold: 10
    • The Last 5 Year average price is £342,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 15 MILE LANE: £340,000 (Sold on 18 Jun 2023)
    • The first recorded sale happened at this postcode is 35 MILE LANE: £95,000 (Sold on 20 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average BL8 2JW house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£340,000 £3,736 1
2021£345,000 £2,575 1
2017£345,000 £1,960 1
2016£205,000 £1,530 1
2007£221,650 £1,865 3
2002£142,5001
2001£137,0001
2000£95,0001

All the Sales in the MILE LANE, BL8 2JW

See the table below for more details on the sold house prices in the BL8 2JW, Bury postcode.

AddressSold DatePrice% Change
15 MILE LANEDetached, LeaseholdArea: 91 Sq.mtrAge: 1967-197518 Jun 2023£340,000First Sale
49 MILE LANEDetached, FreeholdArea: 134 Sq.mtrAge: 1967-197529 Mar 2021£345,00068.29%
29 Apr 2016£205,000First Sale
11 MILE LANEDetached, LeaseholdArea: 176 Sq.mtrAge: 1976-198220 Oct 2017£345,000First Sale
23 MILE LANEDetached, Leasehold23 Nov 2007£207,5000.0
23 Nov 2007£207,500First Sale
29 MILE LANEDetached, FreeholdArea: 134 Sq.mtrAge: 1976-198226 Apr 2007£249,950First Sale
41 MILE LANEDetached, Leasehold07 Jun 2002£142,500First Sale
33 MILE LANEDetached, Freehold14 Dec 2001£137,000First Sale
35 MILE LANEDetached, Leasehold20 Dec 2000£95,000First Sale

Check out the sold house prices near the BL8 2JW postcode. Properties currently for saleProperties currently for rent

MILE LANE, BL8 2JW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BL8 2JW postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BL8 2JW postcode.

  • Terraced
    • The average price is around £154,012 median price is £156,250 Standard Deviation is £86,984 with Total Sold: 76
    • The Last 5 Year average price is £259,125 with Total Sold: 12
    • The most recent sale happened at this postcode is FLAT, 4 COLVILLE DRIVE: £175,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 125 BURY AND BOLTON ROAD: £39,000 (Sold on 28 Jul 1995)
  • Semi-Detached
    • The average price is around £152,761 median price is £152,026 Standard Deviation is £69,627 with Total Sold: 790
    • The Last 5 Year average price is £236,285 with Total Sold: 167
    • The most recent sale happened at this postcode is , 331 AINSWORTH ROAD: £307,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 WINDSOR DRIVE: £56,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £235,920 median price is £230,000 Standard Deviation is £110,471 with Total Sold: 696
    • The Last 5 Year average price is £336,986 with Total Sold: 205
    • The most recent sale happened at this postcode is , 50 NEWINGTON DRIVE: £365,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 1 WITHNELL DRIVE: £47,000 (Sold on 09 Feb 1995)
  • Other
    • The average price is around £162,003 median price is £12,000 Standard Deviation is £205,115 with Total Sold: 27
    • The Last 5 Year average price is £190,438 with Total Sold: 15
    • The most recent sale happened at this postcode is , 20 BELMONT DRIVE: £262,000 (Sold on 13 Oct 2023)
    • The first recorded sale happened at this postcode is , 207 BURY & BOLTON ROAD: £525,000 (Sold on 03 Mar 2015)
  • Flat
    • The average price is around £179,658 median price is £124,975 Standard Deviation is £126,417 with Total Sold: 6
    • The Last 5 Year average price is £399,995 with Total Sold: 1
    • The most recent sale happened at this postcode is , 66 FARM CRESCENT: £399,995 (Sold on 24 Jan 2019)
    • The first recorded sale happened at this postcode is , 8 - 10 COLVILLE DRIVE: £58,000 (Sold on 26 Sep 2000)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,5002
2023£318,500 £3,091 4
2021£283,874 £2,978 4
2019£133,500 £1,452 2
2018£260,000 £2,708 1
2017£177,500 £3,097 1
2015£167,500 £1,989 2
2014£241,000 £2,068 2
2013£136,000 £2,000 3
2012£158,333 £2,179 3
2011£158,500 £1,809 2
2010£172,500 £2,066 2
2008£161,0002
2007£225,286 £2,440 7
2006£155,780 £2,412 5
2005£151,8333
2004£150,539 £1,561 5
2003£145,000 £1,159 3
2002£72,238 £1,071 4
2001£67,700 £880 5
2000£63,742 £685 6
1999£63,112 £740 4
1998£45,0001
1997£64,225 £814 2
1995£39,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£239,077 £1,636 13
2023£300,000 £3,202 17
2022£269,578 £3,262 32
2021£241,437 £3,232 36
2020£213,310 £2,461 28
2019£194,162 £2,159 41
2018£185,226 £2,237 39
2017£176,432 £1,983 40
2016£171,789 £2,121 31
2015£160,705 £1,922 29
2014£153,566 £1,850 16
2013£146,531 £1,762 24
2012£149,236 £1,787 22
2011£146,850 £2,017 17
2010£157,191 £2,019 17
2009£158,006 £2,155 22
2008£164,400 £1,780 10
2007£182,575 £2,102 18
2006£162,671 £1,738 43
2005£165,088 £1,968 26
2004£147,183 £1,793 30
2003£126,919 £1,402 29
2002£101,874 £1,059 23
2001£77,735 £812 33
2000£67,484 £867 29
1999£69,869 £831 33
1998£65,296 £746 26
1997£59,769 £626 24
1996£59,245 £654 24
1995£56,353 £566 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£347,2508
2023£361,717 £3,756 24
2022£367,244 £3,906 26
2021£326,148 £3,301 39
2020£323,856 £3,007 59
2019£331,579 £2,841 49
2018£284,836 £2,734 48
2017£272,814 £2,616 48
2016£245,392 £2,470 31
2015£240,083 £2,240 18
2014£217,755 £2,190 23
2013£215,043 £2,217 27
2012£215,500 £2,321 9
2011£197,000 £2,307 11
2010£205,038 £2,205 16
2009£197,607 £1,855 7
2008£209,420 £1,954 15
2007£258,012 £2,419 16
2006£250,668 £2,069 17
2005£204,667 £1,506 12
2004£220,175 £1,985 14
2003£172,532 £1,531 28
2002£138,134 £1,513 25
2001£119,946 £1,168 24
2000£97,134 £939 20
1999£88,626 £850 25
1998£85,344 £767 16
1997£84,222 £785 18
1996£69,145 £751 11
1995£67,050 £660 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£262,000 £3,316 1
2021£235,238 £7,930 4
2020£73,408 £2,755 6
2019£303,293 £2,775 4
2018£35,183 £882 6
2017£64,101 £2,717 4
2015£525,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£399,995 £2,424 1
2017£300,000 £2,609 1
2012£130,000 £1,444 1
2010£70,000 £1,000 1
2001£119,9501
2000£58,0001

House Type in BL8 2JW area

The most common house types in the BL8 2JW postcode area are Detached (112), Semi-detached (8), and Terraced (1).

Total121
Detached112
Semi-detached8
Terraced1
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (96), and Owned: Owns with a mortgage or loan (19).

Owned: Owns outright96
Owned: Owns with a mortgage or loan19
Private rented: Private landlord or letting agency4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the BL8 2JW have 2 people in household (50), and 1 person in household (44).

2 people in household50
1 person in household44
3 people in household16
4 people in household9
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0