Housing Market Analysis for DRAKE STREET, OL16 1NZ

Are you looking to understand OL16 1NZ 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 1NZ area, explore the OL16 1NZ Area information page.
For comprehensive crime statistics in the OL16 1NZ area, explore the OL16 1NZ Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £692,500 median price is £692,500 Standard Deviation is £607,500 with Total Sold: 2
    • The Last 5 Year average price is £692,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 54 DRAKE STREET: £85,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is 48 DRAKE STREET: £1,300,000 (Sold on 20 Jul 2023)
  • Terraced
    • The average price is around £85,333 median price is £101,000 Standard Deviation is £32,561 with Total Sold: 3
    • The Last 5 Year average price is £115,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 52 DRAKE STREET: £115,000 (Sold on 21 Jul 2020)
    • The first recorded sale happened at this postcode is 52 DRAKE STREET: £40,000 (Sold on 11 Sep 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average OL16 1NZ 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£85,0001
2023£1,300,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£115,0001
2004£101,0001
1998£40,0001

All the Sales in the DRAKE STREET, OL16 1NZ

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

AddressSold DatePrice% Change
54 DRAKE STREETOther, Freehold29 Feb 2024£85,000First Sale
48 DRAKE STREETOther, Freehold20 Jul 2023£1,300,000First Sale
52 DRAKE STREETTerraced, Leasehold21 Jul 2020£115,00013.86%
16 Jan 2004£101,000152.50%
11 Sep 1998£40,000First Sale

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

DRAKE STREET, OL16 1NZ Near By properties

Interactive Map

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

  • Other
    • The average price is around £405,514 median price is £155,000 Standard Deviation is £912,872 with Total Sold: 161
    • The Last 5 Year average price is £370,518 with Total Sold: 64
    • 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 £77,029 median price is £65,000 Standard Deviation is £56,039 with Total Sold: 473
    • The Last 5 Year average price is £120,837 with Total Sold: 49
    • 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 £66,157 median price is £60,500 Standard Deviation is £36,838 with Total Sold: 63
    • The Last 5 Year average price is £81,030 with Total Sold: 22
    • The most recent sale happened at this postcode is , 15 THE BUTTS: £105,000 (Sold on 11 Mar 2024)
    • The first recorded sale happened at this postcode is , 15 CHURCH STILE: £40,500 (Sold on 20 Jun 1995)
  • Semi-Detached
    • The average price is around £98,914 median price is £79,950 Standard Deviation is £69,081 with Total Sold: 121
    • The Last 5 Year average price is £166,900 with Total Sold: 24
    • The most recent sale happened at this postcode is , 1 FIRE STATION YARD: £160,000 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is , 8 HENRY STREET: £7,000 (Sold on 20 Jun 1995)
  • Detached
    • The average price is around £213,029 median price is £205,589 Standard Deviation is £125,322 with Total Sold: 35
    • 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 , TEKOA HOUSE WALKER STREET: £150,000 (Sold on 26 Jun 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,8577
2023£348,61513
2022£566,65010
2021£413,301 £23,841 19
2020£267,395 £675 15
2019£160,345 £1,771 22
2018£219,549 £3,316 24
2017£858,490 £855 27
2016£265,0008
2015£273,291 £38,333 10
2014£790,9446
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,0004
2023£149,667 £1,575 6
2022£121,423 £1,416 13
2021£117,208 £1,210 12
2020£106,428 £1,252 14
2019£79,750 £858 8
2018£72,923 £908 13
2017£77,094 £896 16
2016£100,950 £857 10
2015£78,333 £832 12
2014£128,857 £699 7
2013£59,486 £634 7
2012£105,675 £941 9
2011£80,032 £947 14
2010£89,770 £1,498 10
2009£135,849 £1,193 9
2008£96,742 £1,027 22
2007£93,182 £1,056 34
2006£87,437 £974 34
2005£93,030 £1,002 33
2004£75,108 £558 28
2003£73,012 £483 20
2002£43,732 £382 17
2001£36,295 £262 20
2000£62,024 £358 23
1999£30,085 £325 19
1998£32,838 £292 18
1997£26,614 £409 11
1996£32,433 £309 15
1995£32,930 £294 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£107,500 £1,864 2
2022£88,14314
2021£55,608 £715 6
2019£86,500 £439 2
2018£80,100 £538 3
2017£42,286 £605 7
2016£58,500 £1,338 2
2015£20,000 £533 1
2012£60,000 £1,163 1
2011£48,000 £930 1
2010£72,5001
2008£80,3003
2007£86,550 £875 7
2006£50,000 £743 2
2005£175,0001
2004£20,0001
2003£19,833 £314 3
2002£11,2001
2001£15,167 £289 3
1997£60,0001
1995£40,500 £764 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£190,740 £2,182 11
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£90,667 £1,582 3
2016£80,250 £1,213 2
2014£56,000 £1,406 2
2013£39,500 £775 3
2012£65,000 £998 2
2011£137,500 £1,203 2
2010£111,225 £1,682 4
2009£118,583 £1,671 3
2008£124,036 £1,627 7
2007£143,000 £1,345 6
2006£188,725 £1,776 4
2005£97,490 £1,133 5
2004£149,983 £507 3
2003£77,289 £530 9
2002£53,725 £850 4
2001£57,378 £379 9
2000£38,600 £412 5
1999£33,600 £569 4
1998£51,000 £653 5
1997£42,862 £559 4
1996£31,916 £320 6
1995£50,3333
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£170,9991
2003£220,0001
2002£233,8005
1999£220,0002
1998£95,000 £1,979 1
1995£150,0001

House Type in OL16 1NZ area

The most common house types in the OL16 1NZ postcode area are Flat (110), Terraced (16), and Shared house (11).

Total146
Flat110
Terraced16
Shared house11
Semi-detached5
Detached2
commercial building2
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (64), and Social rented: Rents from council or Local Authority (38).

Social rented: Other social rented64
Social rented: Rents from council or Local Authority38
Private rented: Private landlord or letting agency16
Owned: Owns outright15
Private rented: Other private rented7
Owned: Owns with a mortgage or loan4
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the OL16 1NZ have 1 person in household (79), and 2 people in household (28).

1 person in household79
2 people in household28
3 people in household12
6 people in household9
5 people in household7
4 people in household6
8 or more people in household3
7 people in household1
0 people in household0