2, Wells Close
2, Wells Close
Description & Estimates
The public record lists 2, Wells Close, Cheadle as a leasehold house.
Comparison with its neighbours suggests a mid-century house with 559 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
2, Wells Close, Cheadle has an estimated sale value of £179,917 and an estimated rental value of £1,086 per month, assuming reasonable condition and based on the information available.
Wells Close, Heald Green, Cheadle, SK8 lies in the borough of Stockport, within the SK8 postal district.
Our Data Sources
2, Wells Close, Cheadle has 3 entries in the Land Registry , most recently in June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Wells Close, Cheadle would be worth £188,913, with a potential rental value of £1,140 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £167,323, with a rental value of £1,010 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Wells Close, Cheadle has risen by £4,646 (2.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £53 (4.9%). The property's estimated gross yield is currently 7.2%.
Sold Prices
2, Wells Close, Cheadle last changed hands on 18th June 2021, selling for £140,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 62.8% since June 2021.
- Sold Jun 2021£140,000
- Sold Sep 2018£130,000
- Sold Apr 2008£75,500
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 620 metres of 2, Wells Close, Cheadle across the last 2 years.
Most recently, 10, Wells Close, Cheadle, SK8 3NA, a freehold house, sold at £105,000 on the 13th April 2015.
Read more about house prices in SK8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Wells Close, Cheadle as the 13th largest and the 12th most expensive of the 13 addresses on Wells Close, Heald Green, Cheadle, SK8.
Against the SK8 postcode district average, it is £233k less expensive than the typical property.
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Schools Nearby
- 300mOutwood Primary School
- 300mBolshaw Primary School
- 1.0kmEtchells Primary School
- 1.7kmSt James' Catholic High School
- 2.4kmLaurus Cheadle Hulme
- 2.5kmCheadle Hulme High School
More reading links
Public Transport Nearby
Heald Green station is the nearest stop to 2, Wells Close, Cheadle at 1.2 kilometres away.
- 1.2kmHeald Green
- 1.9kmHandforth
- 1.9kmStyal
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
