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Romiley House Prices Romiley House Prices

The average house price in Romiley is £279,173 using HM Land Registry data.

The average property price increased by £74,518 (28.8%) over the last 5 years and increased by £14,897 (4.68%) over the last 12 months.

Over the last year, there were 144 residential property sales – a decrease of 19 transactions (-13.19%) relative to the previous year. The majority of house sales (41) were in the £196,000 - £272,000 range. Then came properties in the £272,000 - £348,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,930 (-3%).

In Oct 24, there were 25 new estate agency instructions, 28 agreed home sales and 9 property price reductions.

Neighbouring Areas: Bredbury and Woodley

Postcodes Covered: SK6

5-Year Average Property Prices in Romiley

28.8%

Property prices in Romiley increased by 28.8% 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 Romiley Over the Last Year

4.68%

Property prices in Romiley increased by 4.68% 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 Romiley - 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 Romiley

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 Romiley

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 Romiley

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 Romiley since 1995

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

Recent Property Sales in Romiley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Beech Lane, Romiley, Stockport, Greater Manchester, SK6 4AL£440,000£435,000-£5,00026 Feb 202415 Aug 2024171 Days
21 Hill Rise, Romiley, Stockport, Greater Manchester, SK6 3AP£425,000£425,000£0003 May 202415 Aug 2024104 Days
89 Guywood Lane, Romiley, Stockport, Greater Manchester, SK6 4AW£499,950£475,000-£24,95031 Aug 202313 Aug 2024348 Days
118 Stockport Road, Romiley, Stockport, Greater Manchester, SK6 3AN£350,000£350,000£0010 Apr 202409 Aug 2024121 Days
37 Chester Walks, Romiley, Stockport, Greater Manchester, SK6 3HX£199,950£190,000-£9,95021 Feb 202401 Aug 2024162 Days
27b, Harrytown, Romiley, Stockport, Greater Manchester, SK6 3BS£300,000£295,000-£5,00021 Feb 202424 Jul 2024154 Days
10 Barlow Fold, Romiley, Stockport, Greater Manchester, SK6 4LQ£350,000£325,000-£25,00006 Mar 202412 Jul 2024128 Days
17 Chester Walks, Romiley, Stockport, Greater Manchester, SK6 3HQ£200,000£194,000-£6,00009 Nov 202305 Jul 2024239 Days
24 Beacon Road, Romiley, Stockport, Greater Manchester, SK6 3HZ£300,000£300,000£0019 Jan 202414 Jun 2024147 Days
22 Catherine Road, Romiley, Stockport, Greater Manchester, SK6 3DH£295,000£290,000-£5,00012 Oct 202314 Jun 2024246 Days
36 Overdale Road, Romiley, Stockport, Greater Manchester, SK6 3HL£235,000£225,000-£10,00030 Jan 202431 May 2024122 Days
3 Woodfield Crescent, Romiley, Stockport, Greater Manchester, SK6 3DE£250,000£250,000£0014 Nov 202331 May 2024199 Days
64 Marsden Road, Romiley, Stockport, Greater Manchester, SK6 4AS£415,000£415,000£0013 Sep 202324 May 2024254 Days
60 Alamein Drive, Romiley, Stockport, Greater Manchester, SK6 4JN£230,000£218,000-£12,00019 Aug 202319 Apr 2024244 Days
42 St Christophers Drive, Romiley, Stockport, Greater Manchester, SK6 3BE£299,500£295,000-£4,50008 Dec 202304 Apr 2024118 Days
10 Barnfield Avenue, Romiley, Stockport, Greater Manchester, SK6 4LF£500,000£490,000-£10,00014 Sep 202304 Apr 2024203 Days
60 Overdale Road, Romiley, Stockport, Greater Manchester, SK6 3JA£320,000£315,000-£5,00009 Oct 202326 Mar 2024169 Days
Flat 34, Redfern House, Harrytown, Romiley, Stockport, Greater Manchester, SK6 3BS£65,000£53,000-£12,00029 Nov 202115 Mar 2024837 Days
198 Compstall Road, Romiley, Stockport, Greater Manchester, SK6 4JF£425,000£425,000£0016 Nov 202311 Mar 2024116 Days
39 Hill Rise, Romiley, Stockport, Greater Manchester, SK6 3AP£385,000£375,000-£10,00015 Nov 202308 Mar 2024114 Days

Most Expensive Streets in Romiley

PostcodeStreetAreaAverageNo. of Sales
SK6 4NPPinfold LaneRomiley£761,6663
SK6 4NWLane EndsRomiley£704,8005
SK6 3JZGregory AvenueRomiley£638,3333
SK6 4LFBarnfield AvenueRomiley£555,0003
SK6 4ENLansdowne AvenueRomiley£555,0003
SK6 4AFBeech LaneRomiley£541,8134
SK6 4LDBirchvale DriveRomiley£521,2504
SK6 4JGCompstall RoadRomiley£492,0005
SK6 4AYHill TopRomiley£483,0005
SK6 3DSBunkers HillRomiley£482,5006

Least Expensive Streets in Romiley

PostcodeStreetAreaAverageNo. of Sales
SK6 3BJNew Acre CourtMetcalfe Drive£102,1554
SK6 3BSHarrytownRomiley£106,37119
SK6 3BFMetcalfe CourtMetcalfe Drive£124,32924
SK6 3BGDavies CourtMetcalfe Drive£126,09316
SK6 4BGUnderhillRomiley£129,0003
SK6 3HBThe RidgwayRomiley£140,6666
SK6 4QHCentral DriveRomiley£145,82334
SK6 3BTHarrytown CourtHarrytown£154,1256
SK6 4BFOakwood RoadRomiley£163,3333
SK6 4NDSandy LaneRomiley£166,1254

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