Gatley Road - SK8 1LY
Key Postcode Insights
SK8 1LY is a residential postcode situated on Gatley Road, Gatley, Cheadle, SK8 with 16 addresses.
It ranks as the 506th largest and 19th most expensive of the 1,225 postcodes in the SK8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 flats.
- Ave. Sale Price
- £158,697
- 10 Year change
- up 38.2%
- Ave. Rental Price
- £1,019pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
SK8 1LY is a residential postcode situated on Gatley Road, Gatley, Cheadle, SK8 with 16 addresses.
It ranks as the 506th largest and 19th most expensive of the 1,225 postcodes in the SK8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 flats.
- Ave. Sale Price
- £158,697
- 10 Year change
- up 38.2%
- Ave. Rental Price
- £1,019pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Propertiesin SK8 1LY
- 1A Gatley Road
Unknown
- 11 Gatley Road
Unknown
- 47 Gatley Road
Unknown
- 49 Gatley Road
Building  |  2 Flats
- 51 Gatley Road
2 Bed Mid-century Flat
Sales Market Trends
The last sale in SK8 1LY sold for £250,000 on 15th November 2024. Since then prices are up an average of 35.5%.
The current average value in the postcode is £158,697.
The SK8 1LY Sales Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £158,697 |
| June 2025 | 1.8% | £158,334 |
| June 2024 | 2.5% | £155,498 |
| June 2023 | 0.3% | £151,659 |
| June 2022 | 9.9% | £151,200 |
| June 2021 | 4.6% | £137,552 |
| June 2020 | 4.1% | £131,552 |
| June 2019 | 2.1% | £126,382 |
| June 2018 | 3.3% | £123,805 |
| June 2017 | 4.4% | £119,873 |
| June 2016 | 8.9% | £114,809 |
| June 2015 | 7% | £105,444 |
| June 2014 | 5.5% | £98,546 |
| June 2013 | 0.5% | £93,438 |
| June 2012 | -0.8% | £92,940 |
| June 2011 | 1% | £93,673 |
| June 2010 | 2.2% | £92,734 |
| June 2009 | -14.4% | £90,716 |
| June 2008 | -0.9% | £105,989 |
| June 2007 | 0% | £106,988 |
Rental Market Trends
The current average rental value in the postcode is £1,019.
The SK8 1LY Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,019pcm |
| June 2025 | 2.5% | £991pcm |
| June 2024 | 10.5% | £968pcm |
| June 2023 | 9.5% | £876pcm |
| June 2022 | 10.4% | £800pcm |
| June 2021 | 3.9% | £724pcm |
| June 2020 | 1.9% | £697pcm |
| June 2019 | 2.1% | £684pcm |
| June 2018 | -0.1% | £670pcm |
| June 2017 | 4.2% | £671pcm |
| June 2016 | 4.2% | £644pcm |
| June 2015 | 5.3% | £618pcm |
| June 2014 | 0.9% | £587pcm |
| June 2013 | 1.2% | £581pcm |
| June 2012 | 0% | £575pcm |
| June 2011 | 3.3% | £575pcm |
| June 2010 | 0.4% | £556pcm |
| June 2009 | -7.9% | £554pcm |
| June 2008 | -0.1% | £601pcm |
| June 2007 | 0% | £602pcm |
Sales History
The last sale was on 15th November 2024 for £250,000 and since then the market in the area has increased by 35.5%. The postcode has had a total of 3 sales since 1995.
SK8 1LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£250,000 | 3 Bed Flat11, Gatley Road, Cheadle, SK8 1LY11, Gatley Road, Cheadle, SK8 1LY
- Sold Jan 2017£97,000 | 2 Bed Flat51, Gatley Road, Cheadle, SK8 1LY51, Gatley Road, Cheadle, SK8 1LY
- Sold Oct 2015£87,500 | 2 Bed Flat51, Gatley Road, Cheadle, SK8 1LY51, Gatley Road, Cheadle, SK8 1LY
Nearby Postcodes
SK8 1LY is the 506th largest and the 19th most expensive postcode out of the 1,225 postcodes in the SK8 area.
- SK8 1PY, Gatley Road, Gatley, Cheadle, SK8SK8 1PY2 Addresses|58 m away
- SK8 1QD, Riversdale Road, Cheadle, SK8SK8 1QD6 Addresses|71 m away
- SK8 1PD, Milton Crescent, Cheadle, SK8SK8 1PD17 Addresses|77 m away
- SK8 1QB, Greenvale Drive, Cheadle, SK8SK8 1QB20 Addresses|83 m away
- SK8 1PR, Hall Grove, Cheadle, SK8SK8 1PR10 Addresses|120 m away
Property Types
- 10 mid-century flats built between 1936 and 1979
- 6 other addresses of unknown type
- mid-century flat (10)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (1)
- C (1)
- G (0)
- D (4)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Oct 2020£720,000 | 5 Bed House99, Gatley Road, Cheadle, SK8 1LX99, Gatley Road, Cheadle, SK8 1LX
- Sold Feb 2022£650,000 | 4 Bed House141, Gatley Road, Cheadle, SK8 4PD141, Gatley Road, Cheadle, SK8 4PD
- Sold Dec 2024£650,000 | 4 Bed House141, Gatley Road, Cheadle, SK8 4PD141, Gatley Road, Cheadle, SK8 4PD
Schools Nearby
- Cheadle Village Primary School400 m away
- Meadowbank Primary School1.2 km away
- Gatley Primary School1.2 km away
- The Kingsway School800 m away
- Parrs Wood High School1.6 km away
- Laurus Cheadle Hulme1.7 km away
More reading links
Public Transport Nearby
The closest station to SK8 1LY is Gatley station, which is 800 metres away.
- Gatley|800 m away
- East Didsbury|1.8 km away
- Cheadle Hulme|2.8 km away
- Heald Green|2.9 km away