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Cheadle (Greater Manchester) House Prices

The average house price in Cheadle (Greater Manchester) is £254,400 using HM Land Registry data.

The average property price increased by £77,155 (27.62%) over the last 5 years and increased by £15,421 (4.52%) over the last 12 months.

Over the last year, there were 160 residential property sales – a decrease of 76 transactions (-47.50%) relative to the previous year. The majority of house sales (41) were in the £240,000 - £310,000 range. Then came properties in the £310,000 - £380,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 109 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,051 (-2%).

In April 2024, there were 34 new estate agency instructions, 34 agreed home sales and 16 property price reductions.

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

27.62%

Property prices in Cheadle (Greater Manchester) increased by 27.62% 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

4.52%

Property prices in Cheadle (Greater Manchester) increased by 4.52% 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.

Property Market Heat Gauge for Cheadle (Greater Manchester) - April 2024

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Watersedge Close, Cheadle Hulme, Cheadle, Greater Manchester, SK8 5PY	£315,000	£295,000	-£20,000	22 Jun 2023	02 Feb 2024	225 Days
3 Byron Drive, Cheadle, Greater Manchester, SK8 2AP	£375,000	£375,000	£00	01 Aug 2023	26 Jan 2024	178 Days
51 Jackson Street, Cheadle, Greater Manchester, SK8 2AU	£280,000	£280,000	£00	30 Aug 2023	24 Jan 2024	147 Days
25 Aber Road, Cheadle, Greater Manchester, SK8 2ER	£385,000	£385,000	£00	13 Sep 2023	05 Jan 2024	114 Days
63 New Hey Road, Cheadle, Greater Manchester, SK8 2AQ	£325,000	£300,000	-£25,000	07 Sep 2023	20 Dec 2023	104 Days
6 Kelsall Road, Cheadle, Greater Manchester, SK8 2NE	£220,000	£195,000	-£25,000	27 Jun 2023	11 Dec 2023	167 Days
1 Dixon Court, Cheadle, Greater Manchester, SK8 1DE	£185,000	£185,000	£00	12 Apr 2023	08 Dec 2023	240 Days
24 Ernest Street, Cheadle, Greater Manchester, SK8 1PN	£285,000	£280,000	-£5,000	30 Jul 2023	08 Dec 2023	131 Days
71 Councillor Lane, Cheadle, Greater Manchester, SK8 2HY	£365,000	£365,000	£00	23 Aug 2023	17 Nov 2023	86 Days
7 Richmond Hill Road, Cheadle, Greater Manchester, SK8 1QF	£600,000	£580,000	-£20,000	16 Jun 2023	17 Nov 2023	154 Days
60 Oak Road, Cheadle, Greater Manchester, SK8 1EJ	£325,000	£315,000	-£10,000	12 Jun 2023	27 Oct 2023	137 Days
34 Lime Grove, Cheadle, Greater Manchester, SK8 1PF	£345,000	£342,000	-£3,000	24 Jul 2023	25 Oct 2023	93 Days
5 Cranleigh Drive, Cheadle, Greater Manchester, SK8 2DH	£340,000	£325,000	-£15,000	10 May 2023	20 Oct 2023	163 Days
11 Barcheston Road, Cheadle, Greater Manchester, SK8 1LJ	£650,000	£619,000	-£31,000	03 Jul 2023	18 Oct 2023	107 Days
7 Burns Avenue, Cheadle, Greater Manchester, SK8 2DB	£320,000	£310,000	-£10,000	10 Mar 2023	06 Oct 2023	210 Days
55 Donnington Avenue, Cheadle, Greater Manchester, SK8 2DL	£300,000	£300,000	£00	24 Apr 2023	03 Oct 2023	162 Days
27 Argyll Road, Cheadle, Greater Manchester, SK8 2LQ	£350,000	£345,000	-£5,000	26 Apr 2023	29 Sep 2023	156 Days
82 Lavington Avenue, Cheadle, Greater Manchester, SK8 2HH	£385,000	£379,000	-£6,000	22 Feb 2023	28 Sep 2023	218 Days
12 Hilda Avenue, Cheadle, Greater Manchester, SK8 1EU	£145,000	£142,500	-£2,500	30 Jun 2023	22 Sep 2023	84 Days
12 Hall Street, Cheadle, Greater Manchester, SK8 1PJ	£400,000	£387,500	-£12,500	31 May 2023	22 Sep 2023	114 Days

Most Expensive Streets in Cheadle (Greater Manchester)

Postcode	Street	Area	Average	No. of Sales
SK8 1HS	Bruntwood Lane	Cheadle	£928,000	4
SK8 1NF	Wilmslow Road	Cheadle	£846,666	3
SK8 1JA	The Spinney	Cheadle	£836,000	3
SK8 1JY	Bluebell Grove	Cheadle	£810,000	3
SK8 1HZ	Valley Close	Cheadle	£751,500	3
SK8 1LW	Arlington Road	Cheadle	£723,333	3
SK8 1LE	Daylesford Road	Cheadle	£723,166	6
SK8 1LN	Cherington Road	Cheadle	£685,142	7
SK8 1DF	Courtside Close	Cheadle	£682,737	4
SK8 1LH	Daylesford Crescent	Cheadle	£618,750	4

Least Expensive Streets in Cheadle (Greater Manchester)

Postcode	Street	Area	Average	No. of Sales
SK8 1BA	Gatley Road	Cheadle	£76,586	11
SK8 1PS	The Crescent	Cheadle	£114,153	13
SK8 1HD	Spruce Lodge	Cheadle	£128,750	4
SK8 5NX	Calderbrook Court	Meadowbrook Way	£144,040	10
SK8 2NG	Birtles Close	Cheadle	£159,100	5
SK8 1DE	Dixon Court	Cheadle	£159,750	4
SK8 1PL	Chadvil Road	Cheadle	£169,750	3
SK8 2JN	Adshall Road	Cheadle	£172,687	8
SK8 1EU	Hilda Avenue	Cheadle	£173,833	3
SK8 2BT	Stockport Road	Cheadle	£177,000	4