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Heywood House Prices Heywood House Prices

The average house price in Heywood is £164,483 using HM Land Registry data.

The average property price increased by £68,636 (48.76%) over the last 5 years and increased by £13,721 (7.01%) over the last 12 months.

Over the last year, there were 270 residential property sales – a decrease of 121 transactions (-44.81%) relative to the previous year. The majority of house sales (75) were in the £144,000 - £178,000 range. Then came properties in the £110,000 - £144,000 range, where 69 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 103 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,350 (-2%).

In Oct 24, there were 2 new estate agency instructions, 3 agreed home sales and property price reductions.

Neighbouring Areas: Rochdale, Bury, Middleton

Postcodes Covered: BL9, M24, OL10

5-Year Average Property Prices in Heywood

48.76%

Property prices in Heywood increased by 48.76% 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

7.01%

Property prices in Heywood increased by 7.01% 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 - Oct 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
36 Cartridge Street, Heywood, Greater Manchester, OL10 3AF£110,000£110,000£0016 Jun 202312 Aug 2024423 Days
8 Avon Road, Heywood, Greater Manchester, OL10 4RW£210,000£205,000-£5,00002 Apr 202407 Aug 2024127 Days
33 Nelson Street, Heywood, Greater Manchester, OL10 1BN£130,000£125,000-£5,00015 Jan 202406 Aug 2024204 Days
20 Pleasant Street, Heywood, Greater Manchester, OL10 4AJ£185,250£181,000-£4,25022 Nov 202306 Aug 2024258 Days
13 Chadwick Lane, Heywood, Greater Manchester, OL10 1QL£210,000£210,000£0026 Feb 202422 Jul 2024147 Days
20 Prospect Street, Heywood, Greater Manchester, OL10 2BB£195,000£195,000£0001 Mar 202419 Jul 2024140 Days
1 Pilsworth Road, Heywood, Greater Manchester, OL10 3EZ£160,000£150,000-£10,00027 Mar 202412 Jul 2024107 Days
7 Lune Grove, Heywood, Greater Manchester, OL10 4SW£249,950£249,950£0026 Mar 202404 Jul 2024100 Days
31 Agincourt Street, Heywood, Greater Manchester, OL10 3EY£128,500£127,000-£1,50001 Apr 202326 Jun 2024452 Days
5 Avon Road, Heywood, Greater Manchester, OL10 4RW£229,950£220,000-£9,95020 Oct 202321 Jun 2024245 Days
22 Stanley Street, Heywood, Greater Manchester, OL10 1BL£195,000£195,000£0022 Jan 202419 Jun 2024149 Days
40 Tangmere Avenue, Heywood, Greater Manchester, OL10 2WA£300,000£300,000£0013 Sep 202318 Jun 2024279 Days
31 Prospect Street, Heywood, Greater Manchester, OL10 2BB£235,000£235,000£0004 Dec 202314 Jun 2024193 Days
26 Melton Street, Heywood, Greater Manchester, OL10 3DX£179,950£179,950£0001 Feb 202413 Jun 2024133 Days
11 Lincoln Walk, Heywood, Greater Manchester, OL10 3JB£105,000£101,000-£4,00005 Dec 202305 Jun 2024183 Days
5 Hopwood Avenue, Heywood, Greater Manchester, OL10 2AX£335,000£310,000-£25,00014 Oct 202330 May 2024229 Days
179 Bury New Road, Heywood, Greater Manchester, OL10 3JX£240,000£240,000£0027 Feb 202424 May 202487 Days
71 Hind Hill Street, Heywood, Greater Manchester, OL10 1AN£160,000£160,000£0005 Jul 202322 May 2024322 Days
32 Coronation Avenue, Heywood, Greater Manchester, OL10 2NB£249,999£200,000-£49,99905 Oct 202317 May 2024225 Days
21 Unity Crescent, Heywood, Greater Manchester, OL10 3DW£165,000£163,000-£2,00027 Feb 202416 May 202479 Days

Most Expensive Streets in Heywood

PostcodeStreetAreaAverageNo. of Sales
OL10 2NPMercers RoadHeywood£584,3758
OL10 2QTHeather Lea CloseHeywood£475,0004
OL10 2NRNewhouse RoadHeywood£400,0004
OL10 2LGMiddleton RoadHeywood£374,7147
OL10 2BXWentworth AvenueHeywood£370,0003
OL10 2NQOldbury CloseHeywood£370,0004
OL10 2WHNortholt FoldHeywood£358,3333
OL10 2LRLenten GroveHeywood£354,0836
OL10 2PGNewbury GroveHeywood£341,7496
OL10 2LFSpinningfield WayHeywood£337,6254

Least Expensive Streets in Heywood

PostcodeStreetAreaAverageNo. of Sales
OL10 4TUPeel LaneHeywood£75,1254
OL10 1AHErmington CourtEgerton Street, Heywood£75,5004
OL10 4BUMuriel StreetHeywood£88,3333
OL10 4BXPromenade StreetHeywood£88,5003
OL10 3HHBury StreetHeywood£89,6663
OL10 3ADTower StreetHeywood£90,0006
OL10 4TGClaybank StreetHeywood£91,6005
OL10 3ARCleves CourtHeywood£93,0003
OL10 3BPShort StreetHeywood£96,5004
OL10 2JWMarlborough StreetHeywood£96,63611

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