Cedar Road, Stockport, SK2

Street Guide For Cedar Road, Stockport, SK2

 

Cedar Road, Stockport, SK2 Map

Estimated Price: £234,126
Average Asking Price: £199,732
Price change in last one year: £9,681
Average Price Paid: £234,125
Average Rent Rates: £603

 

Property Prices Breakdown in Cedar Road, Stockport, SK2

Average Price for property in Cedar Road, Stockport, SK2 is around £234,126 which varies based on type of property you are interested in and ranges from £240,740 for detached house to around £257,845 for semi-detached. Similarly terraced house is around £216,239. Values have been changing and have risen £838 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,045 in last 6 months, £9,681 in last 1 year, £22,616 in last 2 years, £24,918 in last 3 years, £26,028 in last 4 years and £22,715 in last 5 years.

Currently average asking price of a property in Cedar Road, Stockport, SK2 is around £199,732 based on approximately 2 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £603 per month.

Estimated property value in Cedar Road, Stockport, SK2 is £234,126. Average asking price is £199,732 while average price paid is £251,250 which is up by £9,681 and Avg. asking rent £603.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cedar Road, Stockport, SK2 area. In last 1 year alone average price buyer paid is around £251,250 based on approximately 2 sales in Cedar Road, Stockport, SK2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £234,125. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £234,125 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £223,500 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £92,500, £141,128 for a 2 bedroom house, £200,835 for a 3 bedroom house, £243,992 for a 4 bedroom house and £342,136 for a 5 bedroom house. For a flat similarly the prices varies from £116,915 for a single bedroom to £126,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Cedar Road, Stockport, SK2 it comes to around average £115,171 for 1 bedroom property, £137,114 for 2 bedroom, £200,835 for 3 bedroom, £243,992 for 4 bedroom and £342,136 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £383 for 1 bedroom to £615 for 2 bedroom, £746 for 3 bedroom and £956 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £435. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £599. You should be generally be expecting around average £422 rent per month for single bedroom property, £609 for 2 bedroom, £746 for 3 bedroom and approximately £956 for 4 bedroom property in Cedar Road, Stockport, SK2 area.

Popular Houses in Cedar Road, Stockport, SK2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cedar Road, Stockport, SK2