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House Prices in OL11

The average house price in OL11 (Rochdale) is £156,031 using HM Land Registry data.

The average property price increased by £67,022 (27.04%) over the last 5 years and increased by £13,398 (4.05%) over the last 12 months.

Over the last year, there were 350 residential property sales – a decrease of 242 transactions (-69.14%) relative to the previous year. The majority of house sales (104) were in the £90,000 - £150,000 range. Then came properties in the £150,000 - £210,000 range, where 88 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,946 (-2%).

In June 2024, there were 49 new estate agency instructions, 57 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in OL11 (Rochdale)

27.04%

Property prices in Rochdale increased by 27.04% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in OL11 (Rochdale) Over the Last Year

4.05%

Property prices in Rochdale increased by 4.05% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for OL11 (Rochdale) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in OL11 (Rochdale)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in OL11 (Rochdale)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in OL11 (Rochdale)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the OL11 (Rochdale) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL11 postcode area since 1995.

Recent Sales in OL11 (Rochdale)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 Blacksmith Lane, Rochdale, Greater Manchester, OL11 4NT	£365,000	£365,000	£00	25 Jan 2024	10 May 2024	106 Days
82 Hill Top Drive, Rochdale, Greater Manchester, OL11 2RL	£145,000	£140,000	-£5,000	31 Oct 2023	26 Apr 2024	178 Days
66 Elmsfield Avenue, Rochdale, Greater Manchester, OL11 5XN	£240,000	£230,000	-£10,000	03 Nov 2023	26 Apr 2024	175 Days
26 Hawthorn Road, Rochdale, Greater Manchester, OL11 5JQ	£325,000	£315,000	-£10,000	28 Oct 2023	25 Apr 2024	180 Days
575 Edenfield Road, Rochdale, Greater Manchester, OL11 5XH	£185,000	£185,000	£00	06 Dec 2023	25 Apr 2024	141 Days
115 Shelfield Lane, Rochdale, Greater Manchester, OL11 5XZ	£270,000	£267,500	-£2,500	22 Jul 2023	19 Apr 2024	272 Days
33 Beechfield, Rochdale, Greater Manchester, OL11 5PA	£420,000	£400,000	-£20,000	15 Jan 2024	19 Apr 2024	95 Days
16 Passmonds Crescent, Rochdale, Greater Manchester, OL11 5AW	£225,000	£225,000	£00	08 Aug 2023	19 Apr 2024	255 Days
8 Norden Way, Rochdale, Greater Manchester, OL11 5TE	£180,000	£178,500	-£1,500	30 Nov 2023	16 Apr 2024	138 Days
11 Darley Road, Rochdale, Greater Manchester, OL11 2LF	£165,000	£165,000	£00	29 Nov 2023	12 Apr 2024	135 Days
132 Hill Top Drive, Rochdale, Greater Manchester, OL11 2RL	£150,000	£144,000	-£6,000	12 Jan 2024	12 Apr 2024	91 Days
71 Rouse Street, Rochdale, Greater Manchester, OL11 4PG	£115,000	£115,000	£00	21 Sep 2023	12 Apr 2024	204 Days
41 Camberley Drive, Rochdale, Greater Manchester, OL11 4BA	£350,000	£327,500	-£22,500	02 Oct 2023	05 Apr 2024	186 Days
143 Edenfield Road, Rochdale, Greater Manchester, OL11 5AE	£150,000	£140,000	-£10,000	05 Dec 2023	04 Apr 2024	121 Days
9 York Avenue, Rochdale, Greater Manchester, OL11 5HL	£550,000	£500,000	-£50,000	15 Aug 2023	28 Mar 2024	226 Days
27 Brooklands Court, Rochdale, Greater Manchester, OL11 4EJ	£400,000	£395,000	-£5,000	21 Dec 2023	28 Mar 2024	98 Days
14 Lynnwood Drive, Rochdale, Greater Manchester, OL11 5YX	£325,000	£320,000	-£5,000	29 Nov 2023	27 Mar 2024	119 Days
25 Fairway, Rochdale, Greater Manchester, OL11 3BU	£210,000	£197,000	-£13,000	24 Aug 2023	22 Mar 2024	211 Days
16 Pleasant Street, Rochdale, Greater Manchester, OL11 3BE	£185,000	£184,500	-£500	15 Jan 2024	20 Mar 2024	65 Days
346 Queensway, Rochdale, Greater Manchester, OL11 2LZ	£115,000	£110,000	-£5,000	29 Nov 2023	15 Mar 2024	107 Days

Most Expensive Streets in OL11 (Rochdale)

Postcode	Street	Area	Average	No. of Sales
OL11 5QR	Furbarn Road	Rochdale	£729,333	3
OL11 5LW	Broadhalgh Avenue	Rochdale	£701,000	5
OL11 4DT	Eton Close	Rochdale	£635,000	3
OL11 5DZ	Pargate Chase	Rochdale	£631,666	6
OL11 4AU	Bury Road	Rochdale	£625,166	9
OL11 5YQ	Greenview Drive	Rochdale	£574,800	5
OL11 4AE	Ripon Close	Rochdale	£561,428	7
OL11 5QS	Norford Way	Rochdale	£518,055	9
OL11 5NH	Northdene Drive	Rochdale	£505,000	4
OL11 5NA	Bamford Way	Rochdale	£498,375	4

Least Expensive Streets in OL11 (Rochdale)

Postcode	Street	Area	Average	No. of Sales
OL11 5DY	Sandy Lane	Rochdale	£61,333	3
OL11 1PB	Pike Street	Rochdale	£65,500	6
OL11 3PR	Henley Terrace	Rochdale	£65,625	4
OL11 1SU	Stoneyvale Court, Dicken Green Lane	Rochdale	£68,000	4
OL11 3JT	Hillhouse Court	Rochdale	£68,666	3
OL11 3PX	Abingdon Close	Rochdale	£69,500	4
OL11 3RT	Ashton Street	Rochdale	£73,000	3
OL11 1QJ	Hardwicke Street	Rochdale	£73,375	4
OL11 4NF	Holborn Street	Rochdale	£74,666	6
OL11 2QX	Cavendish Road	Rochdale	£75,000	3