Housing Market Analysis for DRAKE STREET, OL16 1RE

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

Overview of Sold House prices

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

  • Other
    • The average price is around £80,000 median price is £80,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 DRAKE STREET: £80,000 (Sold on 19 Feb 2018)
    • The first recorded sale happened at this postcode is 17 DRAKE STREET: £80,000 (Sold on 19 Feb 2018)
  • Terraced
    • The average price is around £63,375 median price is £47,750 Standard Deviation is £43,442 with Total Sold: 4
    • The most recent sale happened at this postcode is 15 DRAKE STREET: £135,000 (Sold on 08 Jun 2005)
    • The first recorded sale happened at this postcode is 17 DRAKE STREET: £35,500 (Sold on 15 Dec 1995)
  • Detached
    • The average price is around £425,000 median price is £425,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is BOJANGLES, 1 DRAKE STREET: £425,000 (Sold on 17 Dec 1999)
    • The first recorded sale happened at this postcode is BOJANGLES, 1 DRAKE STREET: £425,000 (Sold on 17 Dec 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average OL16 1RE 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
2018£80,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£135,0001
2001£60,0001
1999£23,0001
1995£35,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£425,0001

All the Sales in the DRAKE STREET, OL16 1RE

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

AddressSold DatePrice% Change
17 DRAKE STREETOther, Leasehold19 Feb 2018£80,000247.83%
20 Aug 1999£23,000-35.21%
15 Dec 1995£35,500First Sale
15 DRAKE STREETTerraced, Freehold08 Jun 2005£135,000First Sale
21 - 21A DRAKE STREETTerraced, Leasehold03 Apr 2001£60,000First Sale
BOJANGLES, 1 DRAKE STREETDetached, Freehold17 Dec 1999£425,000First Sale

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

DRAKE STREET, OL16 1RE Near By properties

Interactive Map

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

  • Other
    • The average price is around £425,052 median price is £159,000 Standard Deviation is £929,013 with Total Sold: 158
    • The Last 5 Year average price is £411,350 with Total Sold: 62
    • 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 £75,772 median price is £65,000 Standard Deviation is £55,132 with Total Sold: 475
    • The Last 5 Year average price is £120,713 with Total Sold: 47
    • 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 £60,891 median price is £54,725 Standard Deviation is £36,216 with Total Sold: 84
    • The Last 5 Year average price is £80,712 with Total Sold: 27
    • 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 £208,639 median price is £205,589 Standard Deviation is £126,004 with Total Sold: 36
    • 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 £98,910 median price is £76,950 Standard Deviation is £70,909 with Total Sold: 111
    • 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£235,8577
2023£513,08312
2022£566,65010
2021£425,136 £23,841 20
2020£271,269 £675 13
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£790,9446
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£151,0003
2023£159,500 £1,446 4
2022£116,567 £1,432 15
2021£118,545 £1,194 11
2020£109,285 £1,302 14
2019£74,090 £824 10
2018£67,663 £827 15
2017£85,536 £925 14
2016£95,091 £856 11
2015£76,077 £798 13
2014£112,222 £709 9
2013£63,612 £669 8
2012£82,384 £1,087 8
2011£81,112 £956 13
2010£77,770 £1,498 10
2009£135,849 £1,193 9
2008£95,411 £959 25
2007£92,829 £1,041 31
2006£87,796 £958 35
2005£93,952 £1,080 31
2004£77,198 £576 28
2003£74,329 £452 19
2002£41,297 £425 15
2001£37,177 £312 22
2000£64,393 £395 21
1999£29,053 £319 21
1998£31,542 £315 19
1997£27,275 £420 10
1996£32,635 £301 13
1995£32,164 £332 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£102,667 £1,864 3
2023£80,662 £1,418 2
2022£86,016 £1,161 16
2021£55,608 £715 6
2019£62,250 £542 4
2018£62,092 £643 6
2017£45,000 £529 4
2016£57,333 £1,118 3
2015£29,500 £483 2
2013£42,775 £514 2
2012£45,500 £885 2
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£19,875 £309 4
2002£11,2001
2001£15,167 £289 3
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£170,9991
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£122,607 £1,672 7
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£53,925 £317 8
2000£39,000 £471 4
1999£28,850 £534 4
1998£38,750 £666 4
1997£42,862 £559 4
1996£31,916 £320 6
1995£50,3333

House Type in OL16 1RE area

The most common house types in the OL16 1RE 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 1RE 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