# 62 MEDWAY DRIVE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PJ

## Property details

- Slug: `d00278e` (address key hash: `d00278ee8cb20d8df3aca10181508b33b16fe3b5`)
- Postcode: BL4 8PJ
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Semi-detached
- Floor area: 68 m²
- EPC rating: D
- Year built: England and Wales: 1900-1929
- Last sold: £50,000 Jan 2026
- Price per m²: £735/m²
- Local average: £193,047 (58 sales)

## Latest sale

- Price: £50,000
- Date: 2026-01-20
- Type: S
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 01/02/2036
- **Current heating cost:** £1,186/year
- **Est. upgrade cost to C:** £19,180

### Recommendations
- A (£900 - £1,200)
- B (£900 - £1,500)
- W1 (£5,000 - £10,000)
- E (£180 - £210)
- G (£220 - £250)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2549-7113-8436-7988-7661)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-20 | £50,000 | Semi-detached | -23.1% | £49,818 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c32-cdb4-591c-e063-4704a8c00c31) |
| Sold | 2005-04-15 | £65,000 | Detached | — | £127,051 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/c7ae657f-e200-44b8-88e8-c896fb9c7c97) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 62 MEDWAY DRIVE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PJ | £50,000 | 20/01/2026 | Semi-detached |
| 62 MEDWAY DRIVE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PJ | £65,000 | 15/04/2005 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 89 TRENT WAY, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PS | £270,000 | 18/12/2025 | Semi-detached |
| 33 BEECH AVENUE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8SB | £215,500 | 12/12/2025 | Semi-detached |
| 3 MANOR STREET, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8SH | £175,000 | 10/12/2025 | Semi-detached |
| 54 TRENT WAY, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PT | £166,000 | 09/12/2025 | Semi-detached |
| 39 TRENT WAY, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PS | £330,000 | 28/07/2025 | Semi-detached |
| 270 MANCHESTER ROAD, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8SA | £194,000 | 21/03/2025 | Semi-detached |
| 49 BEECH AVENUE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8SB | £164,000 | 18/12/2023 | Semi-detached |
| 16 TRENT WAY, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PR | £280,000 | 14/12/2023 | Semi-detached |
| 232 MANCHESTER ROAD, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8SA | £154,000 | 22/09/2023 | Semi-detached |
| 21 HOLCOMBE CLOSE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8JS | £200,000 | 07/08/2023 | Semi-detached |
| 20 AVON ROAD, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PW | £195,000 | 24/04/2023 | Semi-detached |
| 228 MANCHESTER ROAD, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8SA | £145,000 | 03/02/2023 | Semi-detached |
| 27 TRENT WAY, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PT | £170,000 | 21/12/2022 | Semi-detached |
| 13 TRENT WAY, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PR | £250,000 | 14/12/2022 | Semi-detached |
| 14 HOLCOMBE CLOSE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8JS | £268,500 | 08/12/2022 | Semi-detached |
| 10 DERWENT DRIVE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PP | £250,000 | 12/10/2022 | Semi-detached |
| 40 BEECH AVENUE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8SB | £145,000 | 30/08/2022 | Semi-detached |
| 23 DERWENT DRIVE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PP | £235,000 | 15/07/2022 | Semi-detached |
| 40 AVON ROAD, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PW | £230,000 | 15/06/2022 | Semi-detached |
| 35 DERWENT DRIVE, KEARSLEY, BOLTON, GREATER MANCHESTER, BL4 8PP | £212,000 | 15/06/2022 | Semi-detached |

**Area average:** £212,450 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 42%
- **10y growth:** 88.1%

## House Price Index (HM Land Registry)

*Official index for Bolton; Semi-detached series; as of March 2026.*

- **1y growth (index):** 1.9%
- **5y growth (index):** 33.3%
- **10y growth (index):** 78.2%

## Rental Range

*ONS Price Index of Private Rents (Bolton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £794/mo
- **Realistic:** £882/mo
- **Optimistic:** £970/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Bolton and Bury (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Alexandra Road, BL4 | £975/mo | 2 | 0.49 miles | OpenRent |
| 2 Bed Flat, Market Street, M26 | £700/mo | 2 | 0.69 miles | OpenRent |
| 2 Bed Terraced House, Ringley Road, M26 | £1,025/mo | 2 | 0.8 miles | OpenRent |
| 1 Bed Flat, Lock View, M26 | £825/mo | 1 | 0.8 miles | OpenRent |

**Average rent: £881/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 1.8% (strong)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 21.6%
- **Cost-to-rent:** 4.6×
- **Monthly cashflow:** £588/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 48.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

- **Total incidents:** 0

*Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| St Stephen's CofE Primary School | Primary | 0.2 miles | Good — 27 Jul 2023 |
| Spindle Point Primary School | Primary | 0.3 miles | Good — 14 Mar 2017 |
| Woodbridge College | Other | 0.6 miles | — (No rating) |
| St Saviour CofE Primary School, Ringley | Primary | 0.7 miles | Good — 6 Mar 2024 |
| Kearsley Academy | Secondary | 0.7 miles | Good — 16 May 2022 |