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House Prices in OL12

The average house price in OL12 (Rochdale) is £222,020 using HM Land Registry data.

The average property price increased by £50,203 (59.1%) over the last 5 years and increased by £10,059 (7.29%) over the last 12 months.

Over the last year, there were 399 residential property sales – a decrease of 137 transactions (-34.34%) relative to the previous year. The majority of house sales (94) were in the £150,000 - £200,000 range. Then came properties in the £100,000 - £150,000 range, where 88 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,695 (-2%).

In Oct 24, there were 57 new estate agency instructions, 61 agreed home sales and 49 property price reductions.

5-Year Average Property Prices in OL12 (Rochdale)

59.1%

Property prices in Rochdale increased by 59.1% 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 OL12 (Rochdale) Over the Last Year

7.29%

Property prices in Rochdale increased by 7.29% 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 OL12 (Rochdale) - Oct 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 OL12 (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 OL12 (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 OL12 (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 OL12 (Rochdale) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL12 postcode area since 1995.

Recent Sales in OL12 (Rochdale)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Parkside, Whitworth, Rochdale, Lancashire, OL12 8DT	£140,000	£136,000	-£4,000	09 Nov 2023	23 Aug 2024	288 Days
49 Gale Street, Rochdale, Greater Manchester, OL12 0BG	£160,000	£155,000	-£5,000	24 Apr 2024	23 Aug 2024	121 Days
2 Stretford Place, Rochdale, Greater Manchester, OL12 6HA	£200,000	£191,500	-£8,500	18 Apr 2024	13 Aug 2024	117 Days
5 Union Road, Rochdale, Greater Manchester, OL12 9QA	£219,995	£219,000	-£995	11 Mar 2024	09 Aug 2024	151 Days
27 Longacres Drive, Whitworth, Rochdale, Lancashire, OL12 8JT	£382,150	£370,000	-£12,150	16 Feb 2024	02 Aug 2024	168 Days
29 Augusta Close, Rochdale, Greater Manchester, OL12 6HT	£210,000	£205,000	-£5,000	08 May 2024	02 Aug 2024	86 Days
9 Leamington Street, Rochdale, Greater Manchester, OL12 0PT	£130,000	£128,000	-£2,000	22 Feb 2024	30 Jul 2024	159 Days
13 Harebell Close, Rochdale, Greater Manchester, OL12 6XW	£219,950	£190,000	-£29,950	26 Mar 2024	30 Jul 2024	126 Days
891 - 893, Edenfield Road, Rochdale, Greater Manchester, OL12 7TW	£500,000	£500,000	£00	15 Jun 2024	26 Jul 2024	41 Days
19 Blanche Street, Rochdale, Greater Manchester, OL12 0EJ	£115,000	£113,000	-£2,000	18 Dec 2023	26 Jul 2024	221 Days
19 Stonehill Drive, Rochdale, Greater Manchester, OL12 7JN	£325,000	£320,000	-£5,000	29 Feb 2024	24 Jul 2024	146 Days
7 St Wilfreds Drive, Rochdale, Greater Manchester, OL12 6DB	£320,000	£315,000	-£5,000	31 Jan 2024	22 Jul 2024	173 Days
9 Burwell Close, Rochdale, Greater Manchester, OL12 6DQ	£450,000	£450,000	£00	11 May 2024	22 Jul 2024	72 Days
9 Garth Edge, Whitworth, Rochdale, Lancashire, OL12 8EH	£300,000	£290,000	-£10,000	18 Nov 2023	19 Jul 2024	244 Days
7 Coppice Drive, Whitworth, Rochdale, Lancashire, OL12 8QA	£400,000	£400,000	£00	23 Feb 2024	12 Jul 2024	140 Days
31 Mizzy Road, Rochdale, Greater Manchester, OL12 6HW	£295,000	£280,000	-£15,000	16 Feb 2024	04 Jul 2024	139 Days
3 Mabel Street, Rochdale, Greater Manchester, OL12 6LT	£115,000	£115,000	£00	21 Dec 2023	02 Jul 2024	194 Days
2 Harland Way, Rochdale, Greater Manchester, OL12 7GQ	£275,000	£275,000	£00	27 Feb 2024	01 Jul 2024	125 Days
10 Nordale Park, Rochdale, Greater Manchester, OL12 7RS	£380,000	£380,000	£00	12 Mar 2024	21 Jun 2024	101 Days
44 Henderson Street, Rochdale, Greater Manchester, OL12 9RG	£55,000	£55,000	£00	19 Mar 2024	21 Jun 2024	94 Days

Most Expensive Streets in OL12 (Rochdale)

Postcode	Street	Area	Average	No. of Sales
OL12 7HX	Lowerfold Way	Rochdale	£590,766	3
OL12 7TS	Field View Lane	Rochdale	£501,999	7
OL12 7HL	Shawclough Road	Rochdale	£454,333	3
OL12 7JA	Lowerfold Drive	Rochdale	£445,000	7
OL12 7PY	Bronte Close	Rochdale	£442,500	3
OL12 7SY	Moor View Close	Rochdale	£406,666	3
OL12 7GP	Ellenshaw Close	Rochdale	£394,375	4
OL12 6BN	Rooley Moor Road	Rochdale	£393,083	3
OL12 7PZ	Keats Avenue	Rochdale	£386,250	4
OL12 9NG	Vineyard Close, Wardle	Rochdale	£377,500	3

Least Expensive Streets in OL12 (Rochdale)

Postcode	Street	Area	Average	No. of Sales
OL12 9SG	Henderson Street	Rochdale	£50,650	3
OL12 8QY	Thorneylea, Whitworth	Rochdale	£52,000	3
OL12 0RL	Laurie Place	Rochdale	£56,916	3
OL12 8HL	Freeholds Terrace, Shawforth	Rochdale	£63,833	3
OL12 9AN	Ash Close	Rochdale	£64,333	3
OL12 0PP	Howard Street	Rochdale	£69,500	3
OL12 6QE	Pilling Street	Rochdale	£70,750	4
OL12 9HD	Kingfisher Court, Great Howarth	Rochdale	£71,500	4
OL12 6SF	East View	Rochdale	£72,590	5
OL12 8QP	Mill Street, Whitworth	Rochdale	£74,833	3