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Heywood House Prices Heywood House Prices

The average house price in Heywood is £227,719 using HM Land Registry data.

The average property price increased by £71,014 (51.56%) over the last 5 years and increased by £14,193 (7.3%) over the last 12 months.

Over the last year, there were 263 residential property sales – a decrease of 131 transactions (-49.81%) relative to the previous year. The majority of house sales (85) were in the £110,000 - £148,000 range. Then came properties in the £148,000 - £186,000 range, where 69 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,350 (-2%).

In April 2024, there were 35 new estate agency instructions, 37 agreed home sales and 22 property price reductions.

Neighbouring Areas: Rochdale, Bury, Middleton

Postcodes Covered: BL9, M24, OL10

5-Year Average Property Prices in Heywood

51.56%

Property prices in Heywood increased by 51.56% 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

7.3%

Property prices in Heywood increased by 7.3% 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 - April 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
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
78 Regent Street, Heywood, Greater Manchester, OL10 3DE£200,000£200,000£0010 Oct 202317 Jan 202499 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
1 Dorset Close, Heywood, Greater Manchester, OL10 3JA£240,000£236,000-£4,00021 Apr 202304 Dec 2023227 Days
8 Heys Lane, Heywood, Greater Manchester, OL10 3RA£189,950£186,250-£3,70016 Aug 202301 Dec 2023107 Days
3 Heady Hill Close, Heywood, Greater Manchester, OL10 3RF£240,000£240,000£0027 Jun 202330 Nov 2023156 Days
80 Green Lane, Heywood, Greater Manchester, OL10 1NG£125,000£50,000-£75,00012 May 202130 Nov 2023932 Days
2 Skye Close, Heywood, Greater Manchester, OL10 3NT£140,000£140,000£0003 Oct 202329 Nov 202357 Days
2 Burnell Court, Heywood, Greater Manchester, OL10 2NW£120,000£120,000£0013 Sep 202327 Nov 202375 Days
4 Millbank Street, Heywood, Greater Manchester, OL10 4QL£139,950£136,000-£3,95023 Sep 202227 Nov 2023430 Days
15 Waterfold Lane, Bury, Greater Manchester, BL9 7JY£165,000£165,000£0027 Jul 202324 Nov 2023120 Days
14 Barley Hall Street, Heywood, Greater Manchester, OL10 4DH£175,000£170,000-£5,00006 Sep 202323 Nov 202378 Days
3 Broadfield Street, Heywood, Greater Manchester, OL10 3DT£185,000£170,000-£15,00007 Jun 202317 Nov 2023163 Days
5 Sunningdale Drive, Heywood, Greater Manchester, OL10 2DB£350,000£345,000-£5,00018 Jul 202317 Nov 2023122 Days
9 Wentworth Avenue, Heywood, Greater Manchester, OL10 2BX£440,000£440,000£0022 Sep 202217 Nov 2023421 Days

Most Expensive Streets in Heywood

PostcodeStreetAreaAverageNo. of Sales
OL10 2NPMercers RoadHeywood£573,3339
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 4EJWild StreetHeywood£77,8333
OL10 2HQWithington StreetHeywood£80,6754
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

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