Area Guide For Heywood

Heywood is a un-parished town within the Metropolitan Borough of Rochdale, in Greater Manchester, England. A population of 28,205, Heywood was once part of Lancashire. The town was once primarily known for its farming industry due to the mass of unpopulated rural area, the residents at the time turned their incomes by hand-loom woollen weaving during the domestic system. Heywood is economically supported by its proximity of the M62 Motorway, helping provide transport links of large distributions. One of Heywood’s important landmarks is of the 188 foot tall Parish Church of St Luke the Evangelist; this was to demonstrate Heywood’s town centre and skyline.


Heywood Map

Estimated Price: £132,626
Average Asking Price: £164,358
Price change in last one year: £6,941
Average Price Paid: £124,067
Average Rent Rates: £557


Property Prices Breakdown in Heywood

Average Price for property in Heywood is around £132,626 which varies based on type of property you are interested in and ranges from £253,809 for detached house to around £139,958 for semi-detached. Similarly terraced house is around £96,706 and a flat is worth £101,902. Values have been changing and have risen £70 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £629 in last 6 months, £6,941 in last 1 year, £658 in last 2 years, £14,824 in last 3 years, £15,111 in last 4 years and £2,083 in last 5 years.

Currently average asking price of a property in Heywood is around £164,358 based on approximately 339 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £557 per month.

Estimated property value in Heywood is £132,626. Average asking price is £164,358 while average price paid is £123,605 which is up by £6,941 and Avg. asking rent £557.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Heywood area. In last 1 year alone average price buyer paid is around £123,605 based on approximately 339 sales in Heywood area alone. If you compare it to last 3 years sales of 900 properties where buyers paid around £126,569. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £124,067 for 1,381 and average amount paid for purchase of approx. 1,869 properties sold in last 7 years comes to about £121,345 per sale.


Properties For Sale in Heywood


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £46,236, £103,661 for a 2 bedroom house, £138,590 for a 3 bedroom house, £226,712 for a 4 bedroom house and £404,332 for a 5 bedroom house. For a flat similarly the prices varies from £69,975 for a single bedroom to £80,179 for a 2 bedroom Flat. To sum up the asking prices for properties in Heywood it comes to around average £58,106 for 1 bedroom property, £102,584 for 2 bedroom, £138,590 for 3 bedroom, £226,712 for 4 bedroom and £404,332 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £458 for 2 bedroom to £550 for 3 bedroom and £805 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £369. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £498. You should be generally be expecting around average £369 rent per month for single bedroom property, £463 for 2 bedroom, £550 for 3 bedroom and approximately £805 for 4 bedroom property in Heywood area.

Popular Houses in Heywood

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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