Housing Market Analysis for SCHOOL TERRACE, OL12 8RG

Are you looking to understand OL12 8RG house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Rossendale postcode.

For the location information and nearby amenities in the OL12 8RG area, explore the OL12 8RG Area information page.
For comprehensive crime statistics in the OL12 8RG area, explore the OL12 8RG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL12 8RG postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £84,000 median price is £85,500 Standard Deviation is £43,688 with Total Sold: 6
    • The Last 5 Year average price is £122,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 SCHOOL TERRACE: £145,000 (Sold on 22 Apr 2024)
    • The first recorded sale happened at this postcode is 7 SCHOOL TERRACE: £24,000 (Sold on 15 Apr 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average OL12 8RG house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,0001
2021£100,0001
2007£82,000 £992 2
2003£71,0001
1999£24,0001

All the Sales in the SCHOOL TERRACE, OL12 8RG

See the table below for more details on the sold house prices in the OL12 8RG, Rossendale postcode.

AddressSold DatePrice% Change
6 SCHOOL TERRACETerraced, Freehold22 Apr 2024£145,00016.00%
11 Jun 2007£125,000First Sale
10 SCHOOL TERRACETerraced, Leasehold11 Feb 2021£100,00040.85%
28 Nov 2003£71,000First Sale
3 SCHOOL TERRACETerraced, Freehold05 Jul 2007£39,000First Sale
7 SCHOOL TERRACETerraced, Freehold15 Apr 1999£24,000First Sale

Check out the sold house prices near the OL12 8RG postcode. Properties currently for saleProperties currently for rent

SCHOOL TERRACE, OL12 8RG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL12 8RG postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the OL12 8RG postcode.

  • Terraced
    • The average price is around £80,117 median price is £76,000 Standard Deviation is £42,595 with Total Sold: 765
    • The Last 5 Year average price is £118,172 with Total Sold: 151
    • The most recent sale happened at this postcode is , 1 PARKSIDE: £136,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 CHURCH STREET: £39,950 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £120,272 median price is £122,850 Standard Deviation is £58,100 with Total Sold: 287
    • The Last 5 Year average price is £189,395 with Total Sold: 55
    • The most recent sale happened at this postcode is 7, KILN BANK TONG END: £170,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 BEECH CLOSE: £60,000 (Sold on 16 Aug 1995)
  • Flat
    • The average price is around £56,708 median price is £52,475 Standard Deviation is £30,012 with Total Sold: 94
    • The Last 5 Year average price is £74,258 with Total Sold: 15
    • The most recent sale happened at this postcode is , 1 JOHN STREET: £108,000 (Sold on 08 Jul 2024)
    • The first recorded sale happened at this postcode is , 10 THORNEYLEA: £24,500 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £191,646 median price is £186,000 Standard Deviation is £84,233 with Total Sold: 237
    • The Last 5 Year average price is £286,070 with Total Sold: 47
    • The most recent sale happened at this postcode is , 12 BRENBAR CRESCENT: £225,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is , 61 LONGACRES DRIVE: £75,000 (Sold on 05 Apr 1995)
  • Other
    • The average price is around £155,878 median price is £116,250 Standard Deviation is £155,820 with Total Sold: 36
    • The Last 5 Year average price is £147,783 with Total Sold: 21
    • The most recent sale happened at this postcode is , 12 BRENBAR CRESCENT: £225,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is , TESCO EXPRESS, 518 - 524 MARKET STREET: £200,000 (Sold on 31 Jan 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£129,536 £1,304 14
2023£138,483 £1,670 24
2022£121,257 £1,727 28
2021£126,932 £1,473 30
2020£97,557 £1,397 21
2019£101,618 £1,198 34
2018£94,550 £1,295 13
2017£99,965 £1,137 31
2016£88,083 £1,044 26
2015£85,384 £1,029 22
2014£84,504 £992 27
2013£98,271 £1,237 25
2012£91,107 £870 7
2011£83,134 £1,505 14
2010£84,139 £976 9
2009£90,475 £1,231 14
2008£113,019 £1,439 18
2007£95,033 £1,208 39
2006£99,697 £1,217 48
2005£82,372 £1,076 29
2004£66,309 £1,000 42
2003£61,133 £790 38
2002£51,089 £544 42
2001£39,594 £521 32
2000£39,088 £432 22
1999£39,987 £540 40
1998£30,738 £435 21
1997£34,845 £435 19
1996£32,049 £431 9
1995£33,104 £403 27
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,8504
2023£237,500 £2,899 6
2022£207,394 £2,664 16
2021£172,500 £1,928 5
2020£173,102 £2,070 15
2019£144,778 £1,882 9
2018£124,469 £1,291 8
2017£126,927 £1,429 7
2016£123,845 £1,675 25
2015£135,762 £1,721 17
2014£148,689 £1,680 13
2013£137,764 £1,431 6
2012£112,691 £1,383 15
2011£115,874 £1,432 8
2010£137,500 £1,379 5
2009£143,190 £1,638 5
2008£141,498 £2,679 2
2007£139,904 £1,690 12
2006£127,956 £1,003 9
2005£107,2503
2004£108,634 £1,002 14
2003£89,481 £998 8
2002£72,632 £659 12
2001£63,790 £809 10
2000£63,215 £632 10
1999£51,038 £546 16
1998£44,061 £623 10
1997£66,094 £684 8
1996£50,042 £549 6
1995£44,333 £1,351 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£82,5002
2023£88,600 £1,796 5
2022£53,932 £1,520 2
2020£56,000 £1,422 3
2019£76,667 £1,397 3
2018£75,333 £1,097 3
2017£120,000 £755 1
2016£41,500 £973 2
2015£65,000 £409 1
2014£75,200 £1,250 5
2012£48,225 £1,498 4
2011£54,333 £1,382 3
2010£78,625 £1,354 4
2009£45,000 £818 1
2008£64,200 £1,765 5
2007£96,333 £1,982 10
2006£21,600 £369 1
2005£60,250 £1,547 4
2004£49,133 £1,532 3
2003£35,985 £927 7
2002£34,500 £770 2
2001£24,317 £719 3
2000£22,750 £818 2
1999£18,167 £498 3
1997£19,500 £706 1
1996£31,533 £693 12
1995£22,625 £816 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,688 £3,416 4
2023£315,040 £3,389 5
2022£314,136 £2,836 11
2021£257,448 £2,236 13
2020£303,222 £2,208 9
2019£264,000 £2,160 5
2018£274,071 £1,645 7
2017£205,939 £1,831 17
2016£197,854 £1,900 21
2015£182,494 £1,722 14
2014£185,854 £1,823 14
2013£193,155 £1,798 12
2012£189,995 £2,021 1
2011£173,500 £2,092 2
2010£240,000 £2,194 2
2009£217,833 £2,179 3
2008£185,0003
2007£248,833 £1,929 6
2006£205,779 £1,685 7
2005£196,628 £2,321 9
2004£200,990 £1,311 5
2003£156,300 £873 5
2002£138,859 £1,055 11
2001£102,522 £903 22
2000£87,8698
1999£110,990 £689 5
1998£38,650 £61 3
1997£79,9833
1996£84,2717
1995£74,667 £427 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0001
2023£135,800 £1,747 4
2021£164,750 £711 7
2020£97,000 £1,459 3
2019£148,500 £2,003 6
2018£101,750 £1,283 4
2017£137,790 £309 4
2016£120,000 £978 5
2014£475,0002

House Type in OL12 8RG area

The most common house types in the OL12 8RG postcode area are Terraced (91), Semi-detached (28), and Flat (21).

Total154
Terraced91
Semi-detached28
Flat21
Shared house9
Detached3
commercial building2
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright44
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency37
Social rented: Other social rented16
Social rented: Rents from council or Local Authority6
Private rented: Other private rented6
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the OL12 8RG have 1 person in household (54), and 2 people in household (53).

1 person in household54
2 people in household53
3 people in household24
4 people in household15
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0