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House Prices in OL12 House Prices in OL12 (Rochdale)

The average house price in OL12 (Rochdale) is £195,691 using HM Land Registry data.

The average property price increased by £51,874 (59.1%) over the last 5 years and increased by £10,370 (7.29%) over the last 12 months.

Over the last year, there were 420 residential property sales – a decrease of 173 transactions (-41.19%) relative to the previous year. The majority of house sales (105) were in the £100,000 - £148,000 range. Then came properties in the £148,000 - £196,000 range, where 101 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,695 (-2%).

In June 2024, there were 68 new estate agency instructions, 59 agreed home sales and 46 property price reductions.

Nearby Postcodes: BB1, BB10, BB11, BB4, BB5, BL0, BL7, BL8, BL9, HX6, HX7, M24, M25, M26, M45, OL10, OL11, OL13, OL14, OL15, OL16, OL2, OL3

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.

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).

Property Market Heat Gauge for OL12 (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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Coupland Close, Whitworth, Rochdale, Lancashire, OL12 8QE£220,000£205,000-£15,00007 Dec 202303 May 2024148 Days
1 Wardle Gardens, Rochdale, Greater Manchester, OL12 9EP£185,000£185,000£0016 Jan 202403 May 2024108 Days
659 Halifax Road, Rochdale, Greater Manchester, OL12 9QZ£160,000£155,000-£5,00023 Jan 202403 May 2024101 Days
27 Edwin Waugh Gardens, Rochdale, Greater Manchester, OL12 6NH£150,000£150,000£0011 Jan 202403 May 2024113 Days
7 Harwin Close, Rochdale, Greater Manchester, OL12 7UY£300,000£290,000-£10,00018 Jan 202426 Apr 202499 Days
14 Wellbank View, Rochdale, Greater Manchester, OL12 7QZ£350,000£350,000£0019 Jan 202426 Apr 202498 Days
66 Shawclough Way, Rochdale, Greater Manchester, OL12 6DS£240,000£235,000-£5,00004 Jan 202426 Apr 2024113 Days
11 Whitemoss, Rochdale, Greater Manchester, OL12 7GF£220,000£215,000-£5,00013 Dec 202326 Apr 2024135 Days
36 Spotland Tops, Rochdale, Greater Manchester, OL12 7NY£139,950£132,000-£7,95006 Feb 202422 Apr 202476 Days
238 Market Street, Shawforth, Rochdale, Lancashire, OL12 8EG£160,000£160,000£0031 Oct 202319 Apr 2024171 Days
9 Hillside Walk, Rochdale, Greater Manchester, OL12 6EB£199,950£195,000-£4,95006 Feb 202419 Apr 202473 Days
6 Belgrave Street, Rochdale, Greater Manchester, OL12 7BY£142,000£132,000-£10,00011 Dec 202316 Apr 2024127 Days
16 Cottage Walk, Rochdale, Greater Manchester, OL12 6DZ£230,000£230,000£0019 Jan 202412 Apr 202484 Days
104 Rooley Moor Road, Rochdale, Greater Manchester, OL12 7DQ£99,995£94,000-£5,99503 Jan 202411 Apr 202499 Days
421a, Market Street, Whitworth, Rochdale, Lancashire, OL12 8QL£180,000£175,000-£5,00015 Sep 202311 Apr 2024209 Days
23 Kings Grove, Rochdale, Greater Manchester, OL12 9HR£175,000£170,000-£5,00029 Aug 202310 Apr 2024225 Days
8 Wellbank View, Rochdale, Greater Manchester, OL12 7QZ£400,000£380,000-£20,00017 Jan 202410 Apr 202484 Days
11 Waingap Rise, Rochdale, Greater Manchester, OL12 9TZ£379,950£360,000-£19,95010 Nov 202305 Apr 2024147 Days
23 Betony Close, Rochdale, Greater Manchester, OL12 6XJ£155,000£155,000£0029 Nov 202328 Mar 2024120 Days
14 The Stables, Whitworth, Rochdale, Lancashire, OL12 8BL£290,000£282,500-£7,50019 Jan 202428 Mar 202469 Days

Most Expensive Streets in OL12 (Rochdale)

PostcodeStreetAreaAverageNo. of Sales
OL12 7HXLowerfold WayRochdale£590,7663
OL12 7TSField View LaneRochdale£514,77111
OL12 7HLShawclough RoadRochdale£454,3333
OL12 7JALowerfold DriveRochdale£445,0007
OL12 7PYBronte CloseRochdale£442,5003
OL12 7SYMoor View CloseRochdale£406,6663
OL12 7PZKeats AvenueRochdale£403,3333
OL12 7PLWhiteside FoldRochdale£397,0003
OL12 7GPEllenshaw CloseRochdale£394,3754
OL12 6BNRooley Moor RoadRochdale£393,0833

Least Expensive Streets in OL12 (Rochdale)

PostcodeStreetAreaAverageNo. of Sales
OL12 9SGHenderson StreetRochdale£50,6503
OL12 8QYThorneylea, WhitworthRochdale£52,0003
OL12 0RLLaurie PlaceRochdale£56,9163
OL12 8HLFreeholds Terrace, ShawforthRochdale£63,8333
OL12 9ANAsh CloseRochdale£64,3333
OL12 6SFEast ViewRochdale£68,2374
OL12 6QAMolyneux StreetRochdale£68,3663
OL12 0PPHoward StreetRochdale£69,5003
OL12 9HDKingfisher Court, Great HowarthRochdale£70,3333
OL12 6QEPilling StreetRochdale£70,7504

Explore OL12 (Rochdale) using map

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