SK5 (Stockport) area guide
SK5
Stockport
The SK5 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Brinnington and Central, Denton, Denton West, Reddish, Reddish North, Reddish South, Stockport.
Notes:
A Mouseprice property guide for SK5 Stockport is coming soon. In the meantime, please have a look at the raw data and statistics about SK5 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
The size of the property market in SK5 is 13024 homes.
When compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in this postcode district has been 8.3%. This could well be because this is an area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).
The average property in this postcode district was valued at £114740 over the last 3 months.
Price earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 7.6.
New transactions as a percentage of overall sales are 3.1%.
Housing stock:
The most commonly found type of housing in this area are Terraced Houses, making up 37.8% of the housing stock.
The least common type of property in this area is Detached Houses (6.7% of the total housing stock).
A high proportion of property in this area is socially rented.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is less that the national average of £187894 at £132858.
Who lives here:
The population of this postcode district is 28993.
The average age in this area is 35.
Single people make up 33.4% of the population in this postcode district.
Average working hours in this area for men are 42 and for women are 31.
This area has 40.3 people per square kilometre.
The largest source of work in this area is Wholesale & Retail (19.7% of workers), followed by Construction (18.3%).