Key indicators for buyers
The SK22 market is moderately favourable for buyers. Prices have softened (-35.0%), which could present a buying opportunity. Affordability has improved from a peak of 8.7x in 2023 to 7.9x today. Rising rents (£898/mo, +2.3%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider High Peak area
A home in High Peak costs 7.9x the local median salary — moderate, improving from a peak of 8.7x in 2023.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider High Peak area
Average monthly rent in High Peak is £898, up 2.3% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average High Peak price of £200,000 with a 25% deposit (£50k), a 2-year fixed mortgage at 3.97% costs around £789 per month.
Monthly cost comparison based on current data
Uses SK22 avg. price with High Peak rental data
Monthly mortgage payments (£789) are £109 less than renting (£898). However, buying requires an upfront deposit of £50k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
12, CLOUGH MILL, SLACK LANE, LITTLE HAYFIELD SK22 2NJ | Flat/Maisonette | £200,000 | 12 Jan 2026 |
2, ALBION ROAD, NEW MILLS SK22 3EX | Terraced | £175,000 | 19 Dec 2025 |
35, BARNES STREET, NEW MILLS SK22 4AB | Semi-detached | £375,000 | 19 Dec 2025 |
9, RIDGE TOP LANE, HAYFIELD SK22 2JQ | Terraced | £175,000 | 17 Dec 2025 |
50, WIRKSMOOR ROAD, NEW MILLS SK22 3HW | Terraced | £270,000 | 17 Dec 2025 |
5, ST GEORGES ROAD, NEW MILLS SK22 4JY | Terraced | £245,000 | 15 Dec 2025 |
18, JODRELL STREET, NEW MILLS SK22 3HJ |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SK22 sold for £200,000 in 2026, with a median of £200,000 across 1 transactions. Prices fell 35.0% compared to the previous year.
| Terraced |
| £240,000 |
| 15 Dec 2025 |
36, PARKLAND AVENUE, NEW MILLS SK22 4DT | Semi-detached | £290,000 | 15 Dec 2025 |
10, CRESSWELL STREET, NEW MILLS SK22 4BD | Terraced | £434,250 | 15 Dec 2025 |
35, WIRKSMOOR ROAD, NEW MILLS SK22 3HW | Terraced | £165,000 | 12 Dec 2025 |
8, JUBILEE STREET, NEW MILLS SK22 4NX | Terraced | £243,000 | 12 Dec 2025 |
47, HYDE BANK ROAD, NEW MILLS SK22 4NN | Terraced | £238,000 | 12 Dec 2025 |
35, WIRKSMOOR ROAD, NEW MILLS SK22 3HW | Terraced | £165,000 | 12 Dec 2025 |
84B, HIGH STREET, NEW MILLS SK22 4BR | Flat/Maisonette | £131,000 | 12 Dec 2025 |
60, ST GEORGES ROAD, NEW MILLS SK22 4JT | Terraced | £265,000 | 12 Dec 2025 |
9, LOW LEIGHTON ROAD, NEW MILLS SK22 4PG | Semi-detached | £397,500 | 12 Dec 2025 |
73, BUXTON ROAD, NEW MILLS SK22 3JT | Terraced | £225,000 | 10 Dec 2025 |
36, LANESIDE ROAD, NEW MILLS SK22 4LX | Terraced | £290,000 | 10 Dec 2025 |
79, NEW MILLS ROAD, BIRCH VALE SK22 1BX | Terraced | £249,895 | 10 Dec 2025 |
LYNDAIR, 2, WATBURN ROAD, NEW MILLS SK22 4HH | Detached | £440,000 | 10 Dec 2025 |
The most recent recorded sale in SK22 was a flat/maisonette property on Slack Lane for £200,000 in January 2026. Across the last 20 sales, the median price was £245,000.