Housing Market Analysis for MICHAEL FARADAY AVENUE, OL16 4GN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £174,496 median price is £163,995 Standard Deviation is £23,840 with Total Sold: 4
    • The Last 5 Year average price is £215,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 MICHAEL FARADAY AVENUE: £215,000 (Sold on 25 Aug 2023)
    • The first recorded sale happened at this postcode is 3 MICHAEL FARADAY AVENUE: £167,995 (Sold on 28 Jun 2017)
  • Semi-Detached
    • The average price is around £164,995 median price is £159,995 Standard Deviation is £7,071 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 MICHAEL FARADAY AVENUE: £174,995 (Sold on 26 Oct 2018)
    • The first recorded sale happened at this postcode is 11 MICHAEL FARADAY AVENUE: £159,995 (Sold on 28 Jun 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average OL16 4GN 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
2023£215,000 £2,792 1
2017£160,995 £2,072 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£174,995 £2,215 1
2017£159,995 £2,078 2

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

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

AddressSold DatePrice% Change
7 MICHAEL FARADAY AVENUETerraced, FreeholdArea: 77 Sq.mtr25 Aug 2023£215,00034.38%
29 Jun 2017£159,995First Sale
1 MICHAEL FARADAY AVENUESemi-Detached, FreeholdArea: 79 Sq.mtr26 Oct 2018£174,995First Sale
5 MICHAEL FARADAY AVENUETerraced, FreeholdArea: 77 Sq.mtr29 Jun 2017£154,995First Sale
3 MICHAEL FARADAY AVENUETerraced, FreeholdArea: 79 Sq.mtr28 Jun 2017£167,995First Sale
9 MICHAEL FARADAY AVENUESemi-Detached, FreeholdArea: 77 Sq.mtr28 Jun 2017£159,995First Sale
11 MICHAEL FARADAY AVENUESemi-Detached, FreeholdArea: 77 Sq.mtr28 Jun 2017£159,995First Sale

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

MICHAEL FARADAY AVENUE, OL16 4GN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £108,116 median price is £114,995 Standard Deviation is £58,034 with Total Sold: 351
    • The Last 5 Year average price is £140,555 with Total Sold: 55
    • The most recent sale happened at this postcode is , 46 WOODBINE STREET EAST: £80,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 112 KINGSWAY: £49,500 (Sold on 10 Feb 1995)
  • Detached
    • The average price is around £216,929 median price is £219,995 Standard Deviation is £50,980 with Total Sold: 91
    • 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 , 15 MURIEL STREET: £28,000 (Sold on 12 Apr 1995)
  • Semi-Detached
    • The average price is around £109,562 median price is £114,225 Standard Deviation is £52,449 with Total Sold: 270
    • The Last 5 Year average price is £161,488 with Total Sold: 46
    • 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)
  • 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 £1,811,266 median price is £948,675 Standard Deviation is £1,751,668 with Total Sold: 6
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£117,300 £1,529 5
2023£140,833 £2,017 6
2022£139,130 £1,918 23
2021£156,000 £2,224 11
2020£138,300 £1,650 10
2019£144,150 £1,615 10
2018£159,316 £1,776 40
2017£147,274 £1,954 36
2016£117,410 £1,791 27
2015£154,929 £1,692 18
2014£129,173 £1,689 22
2013£102,746 £1,499 14
2012£115,425 £1,963 12
2011£52,0002
2010£92,000 £981 4
2009£75,000 £1,085 5
2008£71,500 £1,139 2
2007£86,383 £1,159 9
2006£70,850 £956 10
2005£75,136 £1,023 7
2004£63,472 £801 11
2003£36,540 £404 10
2002£30,750 £462 4
2001£20,103 £320 6
2000£21,389 £339 9
1999£22,840 £276 11
1998£53,000 £660 2
1997£25,606 £298 9
1996£25,415 £288 10
1995£22,408 £309 6
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£198,102 £1,769 7
2007£131,100 £1,846 1
2002£200,0001
1999£40,0001
1995£28,000 £422 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£194,667 £1,910 3
2023£153,286 £1,744 7
2022£168,225 £1,919 20
2021£159,244 £1,929 8
2020£141,625 £1,668 8
2019£147,812 £1,818 16
2018£145,318 £1,755 5
2017£151,950 £1,816 21
2016£128,373 £1,641 16
2015£135,921 £1,685 8
2014£119,687 £1,498 13
2013£115,668 £1,425 10
2012£105,207 £1,224 7
2011£123,317 £1,425 3
2010£93,746 £1,127 13
2009£110,250 £1,272 2
2008£91,625 £1,061 4
2007£105,105 £1,054 9
2006£100,828 £975 9
2005£125,990 £1,298 10
2004£109,362 £1,254 4
2003£59,190 £705 5
2002£58,482 £598 11
2001£50,594 £649 9
2000£51,700 £546 8
1999£43,381 £410 11
1998£42,625 £448 8
1997£39,181 £334 8
1996£41,679 £455 7
1995£46,064 £427 7
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£2,199,073 £147 2
2016£1,057,350 £9,882 1
2015£4,100,5001
2013£471,6001

House Type in OL16 4GN area

The most common house types in the OL16 4GN 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 4GN 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