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Cheadle (Greater Manchester) House Prices Cheadle (Greater Manchester) House Prices

The average house price in Cheadle (Greater Manchester) is £274,956 using HM Land Registry data.

The average property price increased by £37,205 (12.21%) over the last 5 years and increased by £7,455 (2.23%) over the last 12 months.

Over the last year, there were 144 residential property sales – a decrease of 68 transactions (-47.22%) relative to the previous year. The majority of house sales (35) were in the £240,000 - £300,000 range. Then came properties in the £300,000 - £360,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 241 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,806 (-2%).

In Dec 24, there were 13 new estate agency instructions, 9 agreed home sales and 12 property price reductions.

Neighbouring Areas: Manchester, Stockport, Gatley, Cheadle Hulme

Postcodes Covered: SK8

5-Year Average Property Prices in Cheadle (Greater Manchester)

12.21%

Property prices in Cheadle (Greater Manchester) increased by 12.21% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Cheadle (Greater Manchester) Over the Last Year

2.23%

Property prices in Cheadle (Greater Manchester) increased by 2.23% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Cheadle (Greater Manchester) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Cheadle (Greater Manchester)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Cheadle (Greater Manchester)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Cheadle (Greater Manchester)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Cheadle (Greater Manchester) since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Cheadle (Greater Manchester) area since 1995.

Recent Property Sales in Cheadle (Greater Manchester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Cromer Road, Cheadle, Greater Manchester, SK8 2AX£285,000£283,000-£2,00014 May 202422 Nov 2024192 Days
34 New Hey Road, Cheadle, Greater Manchester, SK8 2AQ£295,000£292,000-£3,00022 Jun 202411 Nov 2024142 Days
110 Boundary Road, Cheadle, Greater Manchester, SK8 2EP£325,000£325,000£0020 May 202401 Nov 2024165 Days
1 St Ives Avenue, Cheadle, Greater Manchester, SK8 2HG£365,000£360,000-£5,00025 Mar 202431 Oct 2024220 Days
19 Donnington Avenue, Cheadle, Greater Manchester, SK8 2DL£350,000£342,500-£7,50014 Jun 202430 Oct 2024138 Days
40 Lime Grove, Cheadle, Greater Manchester, SK8 1PF£360,000£358,000-£2,00013 Jan 202419 Aug 2024219 Days
Flat 1, Brook Lodge, Schools Hill, Cheadle, Greater Manchester, SK8 1JB£180,000£175,000-£5,00020 Nov 202312 Aug 2024266 Days
4 Oak Grove, Cheadle, Greater Manchester, SK8 1EL£275,000£275,000£0016 May 202407 Aug 202483 Days
14 Evesham Road, Cheadle, Greater Manchester, SK8 2LR£270,000£268,000-£2,00025 Feb 202426 Jul 2024152 Days
14 The Spinney, Cheadle, Greater Manchester, SK8 1JA£1,150,000£900,000-£250,00011 Apr 202419 Jul 202499 Days
3 Waldon Avenue, Cheadle, Greater Manchester, SK8 1NG£435,000£430,480-£4,52020 Mar 202412 Jul 2024114 Days
239 Stockport Road, Cheadle, Greater Manchester, SK8 2BS£325,000£325,000£0011 Sep 202311 Jul 2024304 Days
8 Turnfield Road, Cheadle, Greater Manchester, SK8 1JQ£520,000£520,000£0016 Feb 202402 Jul 2024137 Days
54 Stockport Road, Cheadle, Greater Manchester, SK8 2AA£290,000£275,220-£14,78013 Feb 202417 Jun 2024125 Days
17 Gainsborough Drive, Cheadle, Greater Manchester, SK8 2DD£350,000£347,500-£2,50031 Jan 202423 May 2024113 Days
12 Audlem Walk, Cheadle, Greater Manchester, SK8 2LS£190,000£182,500-£7,50014 Feb 202410 May 202486 Days
3 Ash Avenue, Cheadle, Greater Manchester, SK8 1EQ£310,000£305,000-£5,00031 Aug 202303 May 2024246 Days
103 Ladybridge Road, Cheadle Hulme, Cheadle, Greater Manchester, SK8 5PQ£315,000£315,000£0013 Feb 202426 Apr 202473 Days
6 Turnfield Road, Cheadle, Greater Manchester, SK8 1JQ£745,000£745,000£0029 Nov 202326 Apr 2024149 Days
3 Oakfield Avenue, Cheadle, Greater Manchester, SK8 1EF£315,000£312,000-£3,00013 Jan 202424 Apr 2024102 Days

Most Expensive Streets in Cheadle (Greater Manchester)

PostcodeStreetAreaAverageNo. of Sales
SK8 1HSBruntwood LaneCheadle£937,5003
SK8 1JAThe SpinneyCheadle£862,6663
SK8 1NFWilmslow RoadCheadle£846,6663
SK8 1JYBluebell GroveCheadle£810,0003
SK8 1JSKingston HillCheadle£773,3333
SK8 1HZValley CloseCheadle£751,5003
SK8 1LEDaylesford RoadCheadle£747,8005
SK8 1LWArlington RoadCheadle£723,3333
SK8 1DFCourtside CloseCheadle£682,7374
SK8 1LNCherington RoadCheadle£682,7005

Least Expensive Streets in Cheadle (Greater Manchester)

PostcodeStreetAreaAverageNo. of Sales
SK8 1BAGatley RoadCheadle£75,19510
SK8 1PSThe CrescentCheadle£114,17814
SK8 1HDSpruce LodgeCheadle£126,2504
SK8 5NXCalderbrook CourtMeadowbrook Way£146,69010
SK8 1DEDixon CourtCheadle£155,8005
SK8 2NGBirtles CloseCheadle£168,5004
SK8 1EUHilda AvenueCheadle£173,8333
SK8 1AHMary StreetCheadle£183,54510
SK8 2JNAdshall RoadCheadle£183,5628
SK8 1PEGrosvenor CourtCheadle£186,6333

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