Housing Market Analysis for DRAKE STREET, OL16 1LU

Are you looking to understand OL16 1LU 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 Rochdale postcode.

For the location information and nearby amenities in the OL16 1LU area, explore the OL16 1LU Area information page.
For comprehensive crime statistics in the OL16 1LU area, explore the OL16 1LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL16 1LU postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £70,000 median price is £70,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 DRAKE STREET: £70,000 (Sold on 29 Mar 2001)
    • The first recorded sale happened at this postcode is 6 DRAKE STREET: £70,000 (Sold on 29 Mar 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average OL16 1LU 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
2001£70,0001

All the Sales in the DRAKE STREET, OL16 1LU

See the table below for more details on the sold house prices in the OL16 1LU, Rochdale postcode.

AddressSold DatePrice% Change
6 DRAKE STREETTerraced, Leasehold29 Mar 2001£70,000First Sale

Check out the sold house prices near the OL16 1LU postcode. Properties currently for saleProperties currently for rent

DRAKE STREET, OL16 1LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL16 1LU 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 OL16 1LU postcode.

  • Other
    • The average price is around £429,614 median price is £170,000 Standard Deviation is £923,517 with Total Sold: 160
    • The Last 5 Year average price is £422,122 with Total Sold: 63
    • The most recent sale happened at this postcode is , 8 SOUTH PARADE: £290,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 30 MILNROW ROAD: £48,162 (Sold on 12 Feb 2014)
  • Terraced
    • The average price is around £76,100 median price is £64,950 Standard Deviation is £56,183 with Total Sold: 457
    • The Last 5 Year average price is £116,750 with Total Sold: 46
    • The most recent sale happened at this postcode is , 7 CHURCH STILE: £128,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 134 DRAKE STREET: £70,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £59,267 median price is £49,750 Standard Deviation is £35,057 with Total Sold: 94
    • The Last 5 Year average price is £80,579 with Total Sold: 28
    • The most recent sale happened at this postcode is , 63 REDCROSS STREET: £93,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , 15 CHURCH STILE: £40,500 (Sold on 20 Jun 1995)
  • Detached
    • The average price is around £205,433 median price is £205,589 Standard Deviation is £125,770 with Total Sold: 37
    • The Last 5 Year average price is £238,441 with Total Sold: 15
    • The most recent sale happened at this postcode is , 9 PRINTER DRIVE: £205,589 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is , 148 DRAKE STREET: £95,000 (Sold on 30 Jan 1998)
  • Semi-Detached
    • The average price is around £98,498 median price is £76,350 Standard Deviation is £70,725 with Total Sold: 112
    • The Last 5 Year average price is £167,200 with Total Sold: 23
    • The most recent sale happened at this postcode is , 16 PRINTER DRIVE: £174,995 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , 8 HENRY STREET: £7,000 (Sold on 20 Jun 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,7508
2023£513,08312
2022£533,31811
2021£435,886 £24,318 20
2020£277,208 £675 12
2019£161,809 £1,771 23
2018£214,367 £3,316 25
2017£889,202 £675 26
2016£289,2867
2015£298,213 £38,333 9
2014£747,9527
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£151,0003
2023£159,500 £1,446 4
2022£111,292 £1,476 12
2021£108,929 £1,114 14
2020£109,153 £1,287 13
2019£73,656 £832 9
2018£68,863 £820 15
2017£85,107 £928 14
2016£95,091 £856 11
2015£76,077 £798 13
2014£110,611 £690 9
2013£63,612 £669 8
2012£106,231 £964 9
2011£75,818 £909 14
2010£80,291 £1,136 11
2009£132,182 £1,193 9
2008£104,883 £1,025 18
2007£91,098 £972 28
2006£88,125 £1,023 31
2005£91,150 £1,026 33
2004£74,795 £566 29
2003£72,762 £467 20
2002£48,991 £435 11
2001£38,021 £338 19
2000£62,238 £376 22
1999£28,862 £320 21
1998£33,603 £328 17
1997£31,969 £468 8
1996£31,268 £308 14
1995£32,550 £332 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£102,667 £1,864 3
2023£79,442 £1,418 3
2022£86,016 £1,161 16
2021£55,608 £715 6
2019£60,079 £561 7
2018£59,900 £625 7
2017£45,000 £529 4
2016£57,333 £1,118 3
2015£29,500 £483 2
2014£41,250 £511 2
2013£42,775 £514 2
2012£44,000 £759 3
2011£48,000 £930 1
2010£72,5001
2009£110,000 £1,352 1
2008£80,3003
2007£78,731 £723 8
2006£50,000 £743 2
2005£94,790 £310 2
2004£20,667 £286 3
2003£20,890 £315 5
2002£11,2001
2001£14,509 £289 4
2000£5,000 £60 1
1998£10,0001
1997£41,000 £324 2
1995£40,500 £764 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£236,817 £3,144 13
2022£248,998 £2,917 2
2012£64,950 £833 1
2010£85,000 £1,403 3
2007£452,5002
2006£179,950 £1,040 1
2005£114,750 £893 2
2004£130,5002
2003£141,6673
2002£233,8005
1999£220,0002
1998£95,000 £1,979 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£193,814 £2,404 10
2022£168,871 £2,631 8
2021£93,167 £1,873 3
2020£138,500 £1,216 2
2019£76,250 £1,438 2
2017£83,500 £1,644 2
2016£80,250 £1,213 2
2014£74,500 £1,406 1
2013£39,500 £775 3
2012£65,000 £998 2
2011£137,500 £1,203 2
2010£111,225 £1,682 4
2009£102,875 £1,529 2
2008£128,875 £1,786 6
2007£138,400 £1,115 5
2006£188,725 £1,776 4
2005£97,490 £1,133 5
2004£189,975 £507 2
2003£80,700 £584 8
2002£53,725 £850 4
2001£57,378 £379 9
2000£39,000 £471 4
1999£33,630 £526 5
1998£38,750 £666 4
1997£42,862 £559 4
1996£31,916 £320 6
1995£50,3333

House Type in OL16 1LU area

The most common house types in the OL16 1LU postcode area are Semi-detached (61), Terraced (50), and Flat (37).

Total225
Semi-detached61
Terraced50
Flat37
commercial building31
Shared house25
converted building10
Detached8
temporary structure3

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (102), and Social rented: Other social rented (42).

Private rented: Private landlord or letting agency102
Social rented: Other social rented42
Owned: Owns with a mortgage or loan34
Owned: Owns outright30
Private rented: Other private rented12
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the OL16 1LU have 1 person in household (136), and 2 people in household (38).

1 person in household136
2 people in household38
3 people in household15
4 people in household14
6 people in household8
7 people in household5
5 people in household4
8 or more people in household2
0 people in household0