Housing Market Analysis for MICHAEL FARADAY AVENUE, OL16 4FW

Are you looking to understand OL16 4FW 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 4FW area, explore the OL16 4FW Area information page.
For comprehensive crime statistics in the OL16 4FW area, explore the OL16 4FW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL16 4FW postcode area, The average prices are as follows,

  • Other
    • The average price is around £4,243,073 median price is £4,243,073 Standard Deviation is £142,573 with Total Sold: 2
    • The most recent sale happened at this postcode is J D SPORTS FASHION PLC MICHAEL FARADAY AVENUE: £4,385,646 (Sold on 24 Feb 2017)
    • The first recorded sale happened at this postcode is J D SPORTS FASHION PLC MICHAEL FARADAY AVENUE: £4,100,500 (Sold on 12 Jun 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average OL16 4FW 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
2017£4,385,6461
2015£4,100,5001

All the Sales in the MICHAEL FARADAY AVENUE, OL16 4FW

See the table below for more details on the sold house prices in the OL16 4FW, Rochdale postcode.

AddressSold DatePrice% Change
J D SPORTS FASHION PLC MICHAEL FARADAY AVENUEOther, Freehold24 Feb 2017£4,385,6466.95%
12 Jun 2015£4,100,500First Sale

Check out the sold house prices near the OL16 4FW postcode. Properties currently for saleProperties currently for rent

MICHAEL FARADAY AVENUE, OL16 4FW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL16 4FW 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 4FW postcode.

  • Detached
    • The average price is around £223,005 median price is £219,995 Standard Deviation is £41,937 with Total Sold: 87
    • The Last 5 Year average price is £275,036 with Total Sold: 14
    • The most recent sale happened at this postcode is , 14 COOK ROAD: £370,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , LOWER MOSS FARM : £200,000 (Sold on 22 Mar 2002)
  • Semi-Detached
    • The average price is around £118,988 median price is £129,995 Standard Deviation is £52,699 with Total Sold: 151
    • The Last 5 Year average price is £163,482 with Total Sold: 28
    • The most recent sale happened at this postcode is , 5 STANLEY WAY: £245,000 (Sold on 20 Jun 2024)
    • The first recorded sale happened at this postcode is , 19 LICHFIELD TERRACE: £28,000 (Sold on 03 Mar 1995)
  • Terraced
    • The average price is around £141,517 median price is £149,995 Standard Deviation is £45,260 with Total Sold: 212
    • The Last 5 Year average price is £168,529 with Total Sold: 35
    • The most recent sale happened at this postcode is , 39 JONES WAY: £198,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 20 LICHFIELD TERRACE: £15,000 (Sold on 10 Mar 1995)
  • Flat
    • The average price is around £95,622 median price is £99,995 Standard Deviation is £21,093 with Total Sold: 4
    • The Last 5 Year average price is £62,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 12A WRAY PLACE: £62,500 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is , 42 WREN WAY: £120,000 (Sold on 26 Sep 2014)
  • Other
    • The average price is around £2,659,299 median price is £3,880,000 Standard Deviation is £1,634,436 with Total Sold: 7
    • The Last 5 Year average price is £840,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , NOMICAL NETWORKS MOSS BRIDGE ROAD: £840,000 (Sold on 09 Apr 2021)
    • The first recorded sale happened at this postcode is , THE HORNET HELMSMAN LANE: £471,600 (Sold on 09 Aug 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£279,333 £2,925 3
2023£309,500 £2,866 2
2022£317,500 £2,539 2
2021£222,833 £2,506 3
2020£272,500 £2,410 4
2019£235,500 £2,000 2
2018£206,221 £1,992 9
2017£201,665 £1,981 3
2016£226,853 £1,951 7
2015£219,817 £1,893 18
2014£213,273 £1,830 15
2013£202,375 £1,728 12
2012£207,785 £1,779 6
2002£200,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,0002
2023£160,667 £1,590 3
2022£167,269 £2,059 13
2021£161,167 £1,974 6
2020£135,000 £1,634 4
2019£152,273 £1,903 11
2018£171,530 £1,991 3
2017£155,408 £1,936 17
2016£137,197 £1,836 10
2015£135,921 £1,685 8
2014£133,492 £1,783 8
2013£122,597 £1,540 7
2012£111,862 £1,353 4
2011£100,000 £1,389 1
2010£97,750 £1,144 6
2008£88,833 £970 3
2007£104,144 £1,224 5
2006£118,167 £1,055 3
2005£114,475 £1,131 4
2004£74,950 £721 1
2003£46,000 £465 2
2002£53,733 £459 6
2001£46,362 £669 4
2000£48,000 £633 2
1999£44,658 £486 6
1998£16,5001
1997£30,890 £289 5
1996£40,167 £453 3
1995£36,3333
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£198,0001
2023£185,000 £2,657 3
2022£195,955 £2,645 11
2021£163,600 £2,323 10
2020£135,400 £1,601 10
2019£153,071 £1,782 7
2018£164,386 £1,823 38
2017£148,082 £1,984 35
2016£128,958 £1,989 22
2015£160,160 £1,733 17
2014£137,066 £1,783 20
2013£110,287 £1,623 12
2012£118,645 £2,047 11
2009£89,000 £951 1
2007£89,750 £1,088 2
2006£75,000 £949 1
2005£36,000 £409 1
2004£54,483 £439 3
2002£27,250 £298 2
2000£21,500 £236 2
1997£8,500 £102 2
1995£15,000 £181 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£62,500 £1,420 1
2018£94,995 £2,111 1
2017£104,995 £1,721 1
2014£120,000 £2,791 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£840,0001
2017£4,048,5493
2016£1,057,350 £9,882 1
2015£4,100,5001
2013£471,6001

House Type in OL16 4FW area

The most common house types in the OL16 4FW postcode area are Terraced (70), Detached (59), and Semi-detached (38).

Total169
Terraced70
Detached59
Semi-detached38
Flat2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (129), and Owned: Owns outright (24).

Owned: Owns with a mortgage or loan129
Owned: Owns outright24
Private rented: Private landlord or letting agency13
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the OL16 4FW have 2 people in household (53), and 3 people in household (45).

2 people in household53
3 people in household45
4 people in household36
1 person in household26
5 people in household5
6 people in household2
7 people in household2
0 people in household0
8 or more people in household0