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Reddish House Prices Reddish House Prices

The average house price in Reddish is £262,335 using HM Land Registry data.

The average property price increased by £79,651 (51.61%) over the last 5 years and increased by £15,923 (7.3%) over the last 12 months.

Over the last year, there were 268 residential property sales – a decrease of 46 transactions (-17.16%) relative to the previous year. The majority of house sales (68) were in the £172,000 - £204,000 range. Then came properties in the £204,000 - £236,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,125 (-2%).

In Oct 24, there were 44 new estate agency instructions, 43 agreed home sales and 26 property price reductions.

Neighbouring Areas: Manchester, Denton, Stockport

Postcodes Covered: M34, SK4, SK5

5-Year Average Property Prices in Reddish

51.61%

Property prices in Reddish increased by 51.61% 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 Reddish Over the Last Year

7.3%

Property prices in Reddish increased by 7.3% 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 Reddish - Oct 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 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 Reddish

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 Reddish

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 Reddish

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 Reddish since 1995

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

Recent Property Sales in Reddish

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
44 Reddish Vale Road, Stockport, Greater Manchester, SK5 7HB£275,000£275,000£0019 Jan 202423 Aug 2024217 Days
74 Betley Road, Stockport, Greater Manchester, SK5 6SJ£230,000£225,000-£5,00001 May 202423 Aug 2024114 Days
21 Mayfield Grove, South Reddish, Stockport, Greater Manchester, SK5 7JB£275,000£275,000£0031 Jan 202412 Aug 2024194 Days
11 Belfield Road, Stockport, Greater Manchester, SK5 6NY£190,000£190,000£0009 Apr 202431 Jul 2024113 Days
76 Birkdale Road, Stockport, Greater Manchester, SK5 7LR£325,000£325,000£0012 Apr 202419 Jul 202498 Days
9 Harrogate Drive, Stockport, Greater Manchester, SK5 6HP£185,000£175,000-£10,00022 Jan 202404 Jul 2024164 Days
23 Rowsley Grove, Stockport, Greater Manchester, SK5 7BH£220,000£220,000£0001 Mar 202403 Jul 2024124 Days
20 Margaret Street, Stockport, Greater Manchester, SK5 6DN£160,000£160,000£0020 Feb 202428 Jun 2024129 Days
7 Glaswen Grove, Stockport, Greater Manchester, SK5 7LG£240,000£238,000-£2,00009 Apr 202428 Jun 202480 Days
11 Dalkeith Avenue, Stockport, Greater Manchester, SK5 7EZ£270,000£265,000-£5,00028 Mar 202425 Jun 202489 Days
20 Beechwood Avenue, Stockport, Greater Manchester, SK5 7QD£250,000£235,000-£15,00013 Sep 202321 Jun 2024282 Days
3 Woodville Grove, Stockport, Greater Manchester, SK5 7HU£310,000£297,000-£13,00018 Jan 202413 Jun 2024147 Days
29 Dalkeith Road, Stockport, Greater Manchester, SK5 7EY£230,000£222,100-£7,90019 Nov 202324 May 2024187 Days
72a, Reddish Road, Stockport, Greater Manchester, SK5 7QU£140,000£135,000-£5,00009 Feb 202410 May 202491 Days
26 Hothersall Road, Stockport, Greater Manchester, SK5 6TT£260,000£260,000£0003 Jan 202407 May 2024125 Days
64 Lingard Street, Stockport, Greater Manchester, SK5 6TR£170,000£166,000-£4,00016 Feb 202403 May 202477 Days
34 Fallow Fields Drive, Stockport, Greater Manchester, SK5 6XT£285,000£255,000-£30,00013 Jul 202326 Apr 2024288 Days
6 Woodstock Avenue, Stockport, Greater Manchester, SK5 7HX£325,000£325,000£0017 Nov 202326 Apr 2024161 Days
6 Westbourne Grove, Stockport, Greater Manchester, SK5 6UD£190,000£190,000£0023 Nov 202325 Apr 2024154 Days
378 Reddish Road, Stockport, Greater Manchester, SK5 7BN£280,000£278,000-£2,00015 Aug 202311 Apr 2024240 Days

Most Expensive Streets in Reddish

PostcodeStreetAreaAverageNo. of Sales
SK5 7NATynedale CloseStockport£332,0008
SK4 5JQMarton GroveStockport£309,3205
SK5 6YRSorrel BankStockport£309,1254
SK5 7JBMayfield GroveSouth Reddish£302,03315
SK5 6YSFelltop DriveStockport£295,2857
SK5 7NEThree Acres DriveStockport£293,8005
SK5 7HSReddish RoadStockport£288,3333
SK5 6ALSykes StreetStockport£285,8336
SK5 6XXDene HollowStockport£281,7504
SK5 6SUWindmill LaneStockport£280,7005

Least Expensive Streets in Reddish

PostcodeStreetAreaAverageNo. of Sales
SK5 6FXElisabeth MillElisabeth Gardens£120,17451
SK5 6ARVictoria MillHouldsworth Street, Reddish£126,24512
SK5 6PTHobson StreetStockport£128,5006
SK5 6NWBower StreetStockport£129,0833
SK5 6PBBroadfield RoadStockport£130,6605
SK5 7QUReddish RoadStockport£131,5006
SK5 6BFFir Tree AvenueStockport£134,1427
SK5 6LZSandbach RoadStockport£135,5004
SK5 6BEBolton StreetStockport£136,6177
SK5 6XRWest MeadowStockport£138,2504

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