Market outlook for SK3
Key indicators for buyers
The SK3 market is moderately favourable for buyers. Prices have softened (-13.2%), 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 £231,864 with a 25% deposit (£58k), a 2-year fixed mortgage at 3.97% costs around £915 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SK3 avg. price with Stockport rental data
Monthly mortgage payments (£915) are £173 less than renting (£1,088). However, buying requires an upfront deposit of £58k — it would take around 7 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 |
|---|---|---|---|
89, VIENNA ROAD SK3 9QQ | Terraced | £73,000 | 28 Jan 2026 |
21, WORRALL STREET SK3 9BE | Terraced | £245,000 | 23 Jan 2026 |
5, MADRAS ROAD SK3 9RE | Semi-detached | £245,000 | 23 Jan 2026 |
72, PETERSBURG ROAD SK3 9QX | Terraced | £262,000 | 22 Jan 2026 |
8, TORRIN CLOSE SK3 8RX | Semi-detached | £333,500 | 16 Jan 2026 |
18, SYKES MEADOW SK3 9RJ | Detached | £395,000 | 15 Jan 2026 |
15, ELF MILL CLOSE SK3 8HS | Terraced | £120,000 |
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.