Property Solvers’ latest research has revealed that six residential home sales had a value of more than £1 million across the Bolton postcodes (BL) between July 2021 and July 2022.

Using HM Land Registry sold house price statistics, the total value of the six sales came to £9.52 million the home buying company and local auctioneer said.

In comparison to the same period in 2020-21, while it is a large figure, this is actually a decrease of 80% since the total then was £22.16 million.

Across England, Wales and Scotland, this leaves Bolton in position number 88 when it comes to the number of properties sold, making it above Hereford (HR) and below Stoke-on-Trent (ST).

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Most expensive properties sold in Bolton over the last year

Here are some of the most expensive properties sold across BL postcodes over the last year, including the price they sold for:

  • The Cottage, Ravensdale Road, Bolton, BL1 5DS - £ 2,827,500
  • Marys Vale, Bradshaw Road, Bolton, BL2 4JL - £1,841,000
  • Regent Road, Lostock, Bolton, BL6 4DE - £1,350,000
  • Mill Yard, Horwich, Bolton, BL6 6RW - £1,200,000
  • Moorside Road, Turton, Bolton, BL7 0JZ - £1,200,000
  • Chapeltown Road, Bromley Cross, Bolton, BL7 9NB - £1,100,000

Speaking on the data, co-founder of Property Solvers, Ruban Selvanayagam said: “Although there remains a fairly healthy volume of sales in this price bracket, such a pronounced drop would suggest that buyer appetite for these types of homes is decreasing.

“£1 million+ properties - even for the wealthy - are major commitment and indeed affected by the wider economy.”  

He added: “With unabated inflationary pressures and rising interest rates as a result, it would not be too much of a surprise to see a continued cooling off across the high-end property market in the coming year at least.”