Heywood House Prices Heywood House Prices

The average house price in Heywood is £153,333 using HM Land Registry data.

The average property price increased by £70,162 (50.06%) over the last 5 years and increased by £14,026 (7.15%) over the last 12 months.

Over the last year, there were 251 residential property sales – a decrease of 130 transactions (-51.79%) relative to the previous year. The majority of house sales (73) were in the £110,000 - £146,000 range. Then came properties in the £146,000 - £182,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,350 (-2%).

In June 2024, there were 40 new estate agency instructions, 30 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in Heywood

50.06%

Property prices in Heywood increased by 50.06% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Heywood Over the Last Year

7.15%

Property prices in Heywood increased by 7.15% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Heywood - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Heywood

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Heywood

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Heywood

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Heywood since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Heywood area since 1995.

Recent Property Sales in Heywood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
71 Hind Hill Street, Heywood, Greater Manchester, OL10 1AN£160,000£160,000£0005 Jul 202322 May 2024322 Days
216 Middleton Road, Heywood, Greater Manchester, OL10 2LH£195,000£176,000-£19,00007 Nov 202315 May 2024190 Days
1 Baker Street, Heywood, Greater Manchester, OL10 2HJ£165,000£152,000-£13,00017 Jul 202326 Apr 2024284 Days
8 Starkey Street, Heywood, Greater Manchester, OL10 4JS£145,000£138,000-£7,00027 Jan 202422 Apr 202486 Days
198 Argyle Street, Heywood, Greater Manchester, OL10 3LS£125,000£125,000£0001 Feb 202412 Apr 202471 Days
22 Melton Street, Heywood, Greater Manchester, OL10 3DX£150,000£150,000£0012 Sep 202310 Apr 2024211 Days
6 Coniston Grove, Heywood, Greater Manchester, OL10 2BW£220,000£210,000-£10,00020 Oct 202315 Mar 2024147 Days
3 Smyrna Street, Heywood, Greater Manchester, OL10 3AH£170,000£163,000-£7,00013 Jun 202305 Mar 2024266 Days
126 Rochdale Road East, Heywood, Greater Manchester, OL10 1QU£170,000£170,000£0004 Aug 202301 Mar 2024210 Days
22 Buttermere Avenue, Heywood, Greater Manchester, OL10 2BH£170,000£165,000-£5,00011 Apr 202312 Feb 2024307 Days
11 Cobden Street, Heywood, Greater Manchester, OL10 1AX£155,000£147,500-£7,50013 Aug 202326 Jan 2024166 Days
173 Bury New Road, Heywood, Greater Manchester, OL10 3JN£140,000£140,000£0005 Oct 202324 Jan 2024111 Days
24 Healey Avenue, Heywood, Greater Manchester, OL10 4DE£165,000£160,000-£5,00008 Sep 202323 Jan 2024137 Days
78 Regent Street, Heywood, Greater Manchester, OL10 3DE£200,000£200,000£0010 Oct 202317 Jan 202499 Days
4 Hartford Avenue, Heywood, Greater Manchester, OL10 4XH£200,000£195,000-£5,00009 Sep 202305 Jan 2024118 Days
52 Clitheroe Close, Heywood, Greater Manchester, OL10 4XF£195,000£194,000-£1,00003 May 202319 Dec 2023230 Days
37 King Street, Heywood, Greater Manchester, OL10 1BW£200,000£190,000-£10,00024 Jul 202315 Dec 2023144 Days
13 Pleasant Street, Heywood, Greater Manchester, OL10 4AJ£150,000£150,000£0009 Sep 202315 Dec 202397 Days
21 Sycamore Avenue, Heywood, Greater Manchester, OL10 2JB£230,000£230,000£0004 Aug 202308 Dec 2023126 Days
1 Newhouse Road, Heywood, Greater Manchester, OL10 2NR£550,000£520,000-£30,00018 Aug 202208 Dec 2023477 Days

Most Expensive Streets in Heywood

PostcodeStreetAreaAverageNo. of Sales
OL10 2NPMercers RoadHeywood£584,3758
OL10 2QTHeather Lea CloseHeywood£460,0003
OL10 2NRNewhouse RoadHeywood£400,0004
OL10 2BXWentworth AvenueHeywood£370,0003
OL10 2WFBiggin GardensHeywood£366,0003
OL10 2WHNortholt FoldHeywood£358,3333
OL10 2NQOldbury CloseHeywood£356,0005
OL10 2LSCollop DriveHeywood£346,8754
OL10 2LGMiddleton RoadHeywood£343,2857
OL10 2PGNewbury GroveHeywood£341,7496

Least Expensive Streets in Heywood

PostcodeStreetAreaAverageNo. of Sales
OL10 4TUPeel LaneHeywood£75,1254
OL10 1AHErmington CourtEgerton Street, Heywood£75,5004
OL10 2HQWithington StreetHeywood£84,2333
OL10 1PHBrierley StreetHeywood£85,0003
OL10 4BXPromenade StreetHeywood£88,5003
OL10 3HHBury StreetHeywood£89,6663
OL10 3ADTower StreetHeywood£90,0006
OL10 4TGClaybank StreetHeywood£91,6005
OL10 4ENAdelaide Street EastHeywood£91,6663
OL10 3ARCleves CourtHeywood£93,0003

Explore Heywood and Neighbouring Area House Prices