Market outlook for SK1
Key indicators for buyers
The SK1 market is moderately favourable for buyers. Prices have softened (-12.7%), which could present a buying opportunity. Affordability has improved from a peak of 10.1x in 2021 to 8.6x today. Rising rents (£1,088/mo, +5.0%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Stockport area
A home in Stockport costs 8.6x the local median salary — stretched, improving from a peak of 10.1x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Stockport area
Average monthly rent in Stockport is £1,088, up 5.0% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Stockport price of £210,625 with a 25% deposit (£53k), a 2-year fixed mortgage at 3.97% costs around £831 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SK1 avg. price with Stockport rental data
Monthly mortgage payments (£831) are £257 less than renting (£1,088). However, buying requires an upfront deposit of £53k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
20, EBBDALE CLOSE SK1 3LP | Terraced | £224,000 | 8 Jan 2026 |
340, TURNCROFT LANE SK1 4BP | Terraced | £197,250 | 5 Jan 2026 |
9, BROOKFIELD CLOSE SK1 4NA | Semi-detached | £282,000 | 19 Dec 2025 |
3, WOODBANK AVENUE SK1 4JL | Semi-detached | £315,000 | 19 Dec 2025 |
25, CHARLES STREET SK1 3JR | Terraced | £160,000 | 19 Dec 2025 |
26, DAWSON STREET SK1 2QJ | Terraced | £187,500 | 19 Dec 2025 |
12, HANSON MEWS SK1 4HS | Semi-detached | £222,500 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.