8 Reed Close, Farnworth, Bolton, BL4 7EF is a leasehold flat built in 2007 onwards. The property offers approximately 549 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £98,000 , which equates to approximately £179 per square foot. It was last sold on 26 Nov 2018 for £70,000. Since then, the value has increased by £28,000, representing a 40.0% increase, or approximately 5.7% per year.

The current estimated value of £98,000 is:

  • 37.4% lower than the average property price on Reed Close
  • 34.9% lower than the average in the BL4 7EF postcode area
  • and 59.9% lower than the average price for Bolton as a whole

View sold house prices in BL4 7EF

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£98,000
Price Per sq ft (estimate)
£179
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Reed Close, Farnworth, Bolton, Greater Manchester, BL4 7EF has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 10 Aug 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Mar 2009. The rating of B is unchanged, though the energy efficiency score decreased by 4.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to boiler and radiators, mains gas, improving energy efficiency from n/a to good.
  • The hot water system was changed from sap05:hot-water to from main system, with its energy efficiency improving from n/a to good.
  • The roof construction or insulation changed from average thermal transmittance 0.00 w/m²k to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.30 w/m²k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 22% fixed outlets to low energy lighting in 62% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 62% of fixed outlets
Good

Compared to BL4 7EF

60 th / 66
Price Rank
35% lower than average
39 th / 61
Size Rank
24% smaller than average
49 th / 61
Price Per Sq FT Rank
14% lower than average

Compared to other properties in BL4 7EF , this flat's estimated value ranks 60th out of 66. Based on price per square foot, it ranks 49th out of 61 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 39th out of 61 properties in its postcode area.

Sale History

Today
£98,000
streetscan.co.uk estimate
+40 %
26 Nov 2018
£70,000
Leasehold
+7.7 %
6 May 2016
£65,000
Leasehold
-11 %
9 Oct 2008
£73,000
Leasehold

Area Insights

Similar Properties Sold Nearby

17 Reed Close, Farnworth, Bolton, BL4 7EF
rooms: 3
size: 506 sq ft
sale price: £96,000
sale date: 12 Jul 2024
51 Reed Close, Farnworth, Bolton, BL4 7EF
rooms: 3
size: 538 sq ft
sale price: £90,000
sale date: 22 Sep 2023
15 Reed Close, Farnworth, Bolton, BL4 7EF
rooms: 3
size: 624 sq ft
sale price: £90,000
sale date: 10 Dec 2021
5 Reed Close, Farnworth, Bolton, BL4 7EF
rooms: 3
size: 549 sq ft
sale price: £58,500
sale date: 30 Aug 2019
70 Reed Close, Farnworth, Bolton, BL4 7EF
rooms: 3
size: 549 sq ft
sale price: £61,000
sale date: 14 Jul 2017

Data Sources

The property at 8 Reed Close, Farnworth, Bolton, BL4 7EF appears three times in the Land Registry records, with the latest transaction recorded on 26 Nov 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Aug 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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