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Hazel Grove House Prices Hazel Grove House Prices

The average house price in Hazel Grove is £366,772 using HM Land Registry data.

The average property price increased by £110,151 (45.7%) over the last 5 years and increased by £22,015 (6.69%) over the last 12 months.

Over the last year, there were 243 residential property sales – a decrease of 102 transactions (-41.98%) relative to the previous year. The majority of house sales (48) were in the £150,000 - £220,000 range. Then came properties in the £220,000 - £290,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,689 (-3%).

In April 2024, there were 41 new estate agency instructions, 42 agreed home sales and 18 property price reductions.

Neighbouring Areas: Stockport, Bramhall, Poynton

Postcodes Covered: SK12, SK7

5-Year Average Property Prices in Hazel Grove

45.7%

Property prices in Hazel Grove increased by 45.7% 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 Hazel Grove Over the Last Year

6.69%

Property prices in Hazel Grove increased by 6.69% 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 Hazel Grove - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Hazel Grove

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 Hazel Grove

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 Hazel Grove

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 Hazel Grove since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Hazel Grove area since 1995.

Recent Property Sales in Hazel Grove

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
31 Chapel Street, Hazel Grove, Stockport, Greater Manchester, SK7 4HW£210,000£210,000£0014 Sep 202308 Mar 2024176 Days
51 Mount Pleasant, Hazel Grove, Stockport, Greater Manchester, SK7 4DS£190,000£190,000£0016 Oct 202301 Mar 2024137 Days
16 Gower Avenue, Hazel Grove, Stockport, Greater Manchester, SK7 5AL£290,000£285,000-£5,00018 Sep 202328 Feb 2024163 Days
1 Spring Vale, Hazel Grove, Stockport, Greater Manchester, SK7 4PP£180,000£177,000-£3,00022 Nov 202323 Feb 202493 Days
29 Braemar Road, Hazel Grove, Stockport, Greater Manchester, SK7 4QG£325,000£310,000-£15,00015 Jan 202422 Feb 202438 Days
30 Mill Lane, Hazel Grove, Stockport, Greater Manchester, SK7 6DS£550,000£550,000£0001 Sep 202309 Feb 2024161 Days
7 Aintree Close, Hazel Grove, Stockport, Greater Manchester, SK7 4SN£400,000£355,000-£45,00023 Nov 202202 Feb 2024436 Days
3 Lingfield Avenue, Hazel Grove, Stockport, Greater Manchester, SK7 4SL£400,000£390,000-£10,00021 Oct 202326 Jan 202497 Days
123 Hazelwood Road, Hazel Grove, Stockport, Greater Manchester, SK7 4QL£340,000£315,000-£25,00029 Aug 202326 Jan 2024150 Days
7 Mount Pleasant, Hazel Grove, Stockport, Greater Manchester, SK7 4DS£220,000£216,000-£4,00029 Sep 202326 Jan 2024119 Days
65 Penrhyn Crescent, Hazel Grove, Stockport, Greater Manchester, SK7 5NE£350,000£340,000-£10,00030 Aug 202326 Jan 2024149 Days
1 Mostyn Road, Hazel Grove, Stockport, Greater Manchester, SK7 5HL£685,000£685,000£0007 Sep 202318 Jan 2024133 Days
8 Deva Close, Hazel Grove, Stockport, Greater Manchester, SK7 6HH£525,000£524,000-£1,00019 Sep 202314 Dec 202386 Days
112 Hazelwood Road, Hazel Grove, Stockport, Greater Manchester, SK7 4NB£350,000£349,000-£1,00021 Jul 202313 Dec 2023145 Days
113 Cavendish Road, Hazel Grove, Stockport, Greater Manchester, SK7 6JQ£425,000£425,000£0028 Jun 202304 Dec 2023159 Days
89 Dean Lane, Hazel Grove, Stockport, Greater Manchester, SK7 6EJ£450,000£422,000-£28,00021 Feb 202330 Nov 2023282 Days
16 Grenville Road, Hazel Grove, Stockport, Greater Manchester, SK7 5AF£270,000£265,000-£5,00028 Jul 202329 Nov 2023124 Days
50 Carlton Place, Hazel Grove, Stockport, Greater Manchester, SK7 6AG£175,000£170,000-£5,00008 Aug 202327 Nov 2023111 Days
6 Portland Close, Hazel Grove, Stockport, Greater Manchester, SK7 5HF£245,000£245,000£0021 Aug 202320 Nov 202391 Days
59 Thurlestone Drive, Hazel Grove, Stockport, Greater Manchester, SK7 5RD£150,000£136,000-£14,00009 May 202317 Nov 2023192 Days

Most Expensive Streets in Hazel Grove

PostcodeStreetAreaAverageNo. of Sales
SK7 5JLBramhall Moor LaneHazel Grove£683,6005
SK7 5HLMostyn RoadHazel Grove£635,0003
SK7 6ENChester RoadHazel Grove£623,0006
SK7 5JBMarsham RoadHazel Grove£614,9166
SK7 5HJCotswold AvenueHazel Grove£594,1254
SK7 5BTPenmoor ChaseHazel Grove£564,6005
SK7 4RNSandringham RoadHazel Grove£544,7773
SK7 5BQChiltern CloseHazel Grove£536,3754
SK7 5BGPennine RoadHazel Grove£530,0003
SK7 5JJBramhall Moor LaneHazel Grove£526,2504

Least Expensive Streets in Hazel Grove

PostcodeStreetAreaAverageNo. of Sales
SK7 4GLHague CourtPeter Street, Hazel Grove£74,6963
SK7 4HTGrove CourtHazel Grove£80,35818
SK7 4LUPenney Brook FoldHazel Grove£107,0005
SK7 5NYChester RoadHazel Grove£114,80313
SK7 4LACooper StreetHazel Grove£119,94025
SK7 6AALondon RoadHazel Grove£120,5004
SK7 4LPBrookfield TerraceHazel Grove£126,9064
SK7 4GHWoodgrove CourtPeter Street, Hazel Grove£141,1427
SK7 4LTCooper StreetHazel Grove£141,8333
SK7 4LBCollingwood CloseHazel Grove£144,2374

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