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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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88, New Hey Road, Cheadle is recorded publicly as a modern freehold house across 721 ft2 of internal area, sitting on a 286 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 88, New Hey Road, Cheadle is £298,583 and its rental estimate is £1,748 per month, given the available information and assuming reasonable condition.
New Hey Road, Cheadle, SK8 falls within the SK8 postal district, in the borough of Stockport.
88, New Hey Road, Cheadle has 41 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 88, New Hey Road, Cheadle, we estimate a market value of £313,512 and a rental value of £1,835 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £277,682 and £1,626 per month respectively.
Over the last year, 88, New Hey Road, Cheadle has seen its estimated sale value increase by £6,562 (2.2%) and its estimated rental value grow by £80 per month (4.5%). This results in an estimated gross rental yield of 7.0%.
HM Land Registry records the plot of land for 88, New Hey Road, Cheadle as measuring 286 m2.
That makes it the largest plot in the postcode, where 55 of the 78 other houses have recorded plot data.
88, New Hey Road, Cheadle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 88, New Hey Road, Cheadle completed on 18th October 2024 at £260,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 29.6% over the period since October 2024.
Over the past 2 years 3 properties similar to 88, New Hey Road, Cheadle have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th September 2023, was 84, New Hey Road, Cheadle, SK8 2AQ, a freehold house which sold for £236,000.
Read more about house prices in SK8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 78 addresses on New Hey Road, Cheadle, SK8, 88, New Hey Road, Cheadle comes out as the 51st largest and the 38th most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the SK8 district.
From 88, New Hey Road, Cheadle, the nearest station is Gatley, 1.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 88, New Hey Road, Cheadle, 50.3% of property is privately owned with a mortgage and 28.9% is privately rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 88, New Hey Road, Cheadle, 13.3% of residents are recorded as possessing school level qualifications and 62.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 88, New Hey Road, Cheadle, the average age was 40.9 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 88, New Hey Road, Cheadle, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 88, New Hey Road, Cheadle, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.
