How Much Does A Terraced House Cost In Stoke?

Figuring out how much money you’ll need to buy a property is a tricky process. It’s all too easy to go down rabbit holes on property websites, creating ever more elaborate sets of filters and scrolling endlessly through property listings trying to figure out why one’s cheaper than another. 

Don’t worry. It can all be a bit confusing, but at SellHouseFast.co.uk, our property experts have been navigating the market for years, so we feel pretty comfortable evaluating the prices of different kinds of property in different cities.

What kinds of property are for sale in Stoke?

Currently, the most common kind of houses for sale in Stoke are semi-detached, with over 300 on the market as of August 2024. Terraced houses come in second — again in August 2024, there were over 220 terraces on the market. 

Detached houses are in third place, with flats a distant fourth. So if you’re looking for a terraced house in Stoke, you should have a decent amount of choice.

How much do terraced houses sell for?

Property prices, as you’ll probably be well aware, are constantly fluctuating. Looking at average prices over the last year, though, terraced properties in Stoke sold for an average of £108,008.

For the sake of comparison, over the same time period the average sale price of a detached house was £263,062. Overall, the final sale prices for properties in Stoke-on-Trent were down 1% on the year before (though slightly higher overall than they were in 2021).

Why are some terraced houses more expensive than others?

As you’ll no doubt have found out for yourself, an average price doesn’t tell the whole story. Looking at the current market for terraced properties in Stoke, there are some houses priced at upwards of £230,000, lots priced at around £80,000, and then everything in between.

As with all kinds of property, even within the same city, there are multiple factors that affect property valuation. The most obvious might be size: the most expensive houses boast three bedrooms and two bathrooms, while on the cheaper end, the houses tend to have two bedrooms and one bathroom. 

Most of the properties have some outdoor space, and the spaciousness of the gardens will also affect the price. End terraces tend to be more expensive than midterraces. Finally, the condition of the property will make a difference: if a house has a newly fitted kitchen, for example, or a newly renovated bathroom, or is simply decorated to a high standard, that’s likely to bump the price up. 

Buyer beware

You might also see some extremely cheap terraced houses listed on property websites, starting at just £1,000. Those prices don’t usually represent how much the property in question will eventually sell for — these are properties that are being auctioned off by banks after being repossessed, so the price listed represents the opening bid. 

You’ll also usually find that these properties will require a lot of renovation before being livable, so that’s an extra cost you’d have to factor in if you were to buy one of these properties. They’re usually quite an undertaking.

Looking to sell your existing property?

If you’re looking to sell your house to finance a new property, you should talk to us. We’re cash house buyers, which means we have the money ready to go — selling to us is quicker and simpler than selling any other way. We buy any house, in any condition, and we can even buy rental properties, so if you’re selling a property with tenants already in situ, we might be the solution you’re looking for.

To find out if we can help you, just fill in our simple online form and a member of our team will put together an initial cash offer for you. If you want to go ahead from there, we’ll guide you through the rest of our straightforward, quick process. Typically, we can complete a sale in a week, so you could get money in your account fast. Why not get in touch now?