Mellor House Prices, Greater Manchester
Mellor is an area, located in the borough Stockport.
Mellor House Prices
As of June, 2024, the average house prices in Mellor are as follows:
- 1 bedroom flat – £395,000 (0%)
- 2 bedroom flat – £377,500 (-8.48%)
- 3 bedroom flat – £587,500 (0.97%)
- 4 bedroom flat – £750,000 (-2.7%)
- 5 bedroom flat – £899,950 (-0.61%)
Keep in mind that these are simply the average rates for Mellor house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Mellor, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Mellor house price is £699,950, low by 0.01% as of £700,000 in May, 2024.
- Currently, there are 16 houses for sale and an average of 2 property sales per month. The real estate market is stable, with a good balance between properties for sale and buyer demand, resulting in stable prices.
Check back next month for updated Mellor house prices.
Mellor House Prices Growth
The average house price in Mellor over the last 5 years is as follows:
- 2019-06 – £233,308
- 2020-06 – £227,362 (-2.55%)
- 2021-06 – £263,147 (15.74%)
- 2022-06 – £279,886 (6.36%)
- 2023-06 – £292,915 (4.66%)
- 2024-06 – £281,280 (-3.97%)
Sold house prices in Mellor have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 20%. Thus, if the trend continues, purchasing real estate in Mellor in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Mellor house prices, it’s also wise to keep an eye on house rent prices in Mellor. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Mellor.