THE streets are less than three miles away from each other - but in the eyes of house buyers, they are worlds apart.

Margrove Chase, Lostock, and Jauncey Street, Deane, are today revealed as Bolton's most expensive and cheapest places to buy a home.

Anyone who has settled down on Margrove Chase, Lostock, would have had to pay, on average, £499,639, according to new house price league tables.

But for the same price, a buyer could have snapped up 33 houses on Jauncey Street - where houses have sold for an average of £15,027.

The prices are an average of selling prices over the past five years..

The index was compiled by internet firm Mouseprice.com and has ranked the 100 most expensive streets alongside the 100 cheapest in Greater Manchester.

While Jauncey Street ranks among the cheapest addresses in Greater Manchester, Stewart Street in Bolton is listed as being even cheaper- that is until the houses were demolished.

Stewart Street offered properties at an average £13,712 - but a regeneration project has now flattened the terrace homes to make way for a new housing project.

Taxi driver Shahid Ahmed, aged 37, has lived in Jauncey Street for 14 months in a rented house.

He said: "I have no problems with living on the street.

"It's near to where my family live and it is easy to get to town.

"Maybe one day I will go to live somewhere else, but for now it is a good place to live."

Bolton has 11 streets among the 100 cheapest in Greater Manchester, seven of which are in Halliwell, with two in the Deane area and one off Chorley Old Road.

But Margrove Chase, which has eight three-storey detached houses in a rural setting, is placed at number 20 in the list of highest priced homes across Greater Manchester.

It is joined on the list by seven other streets in Bolton. Four are in Lostock, one is in Heaton and one is in Bromley Cross.

Keith Lancaster, of Lancaster's Estate Agents, said prices in Heaton and Lostock would continue to rocket with the recent sale of a house on Overdale Drive, Heaton, fetching £900,000 and a house on Princess Road, Lostock currently advertised for £875,000.

"It's always been a very desirable area and at the moment there's almost no limit on what someone will pay for a house around the area," he said.

"Because there are expensive homes there, people see it as a desirable place to live and it drives prices up even further."

Cllr David Wilkinson, Bolton Council's executive member for housing strategy, said other roads could benefit from the type of regeneration which has seen improvements to Stewart Street.

"There are some streets that we would like to demolish simply because the houses have reached the end of their shelf life," he said.

"They are not necessarily those which appear on this list but we will be seeking to improve certain areas when and where we have the money available.

"The problem with having a lot of low value housing is that anybody with equity will not want to invest there and it pushes the population away from the town centre and into the greenfield sites we want to protect."