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House Prices in OL16 House Prices in OL16 (Rochdale)

The average house price in OL16 (Rochdale) is £187,026 using HM Land Registry data.

The average property price increased by £53,099 (40.41%) over the last 5 years and increased by £10,637 (5.56%) over the last 12 months.

Over the last year, there were 315 residential property sales – a decrease of 0 transactions (0.00%) relative to the previous year. The majority of house sales (76) were in the £146,000 - £192,000 range. Then came properties in the £100,000 - £146,000 range, where 68 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 163 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,528 (-3%).

In January 2025, there were 44 new estate agency instructions, 47 agreed home sales and 19 property price reductions.

Nearby Postcodes: BB4, BL0, BL9, HD7, HD9, HX6, HX7, M24, OL1, OL10, OL11, OL12, OL13, OL14, OL15, OL2, OL3, OL4, OL5, SK13, SK15

5-Year Average Property Prices in OL16 (Rochdale)

40.41%

Property prices in OL16 (Rochdale) increased by 40.41% 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 OL16 (Rochdale) Over the Last Year

5.56%

Property prices in OL16 (Rochdale) increased by 5.56% 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 OL16 (Rochdale) - January 2025

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 OL16 (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 OL16 (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 OL16 (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 OL16 (Rochdale) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL16 postcode area since 1995.

Recent Sales in OL16 (Rochdale)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Millgate, Rochdale, Greater Manchester, OL16 2NU£159,995£155,000-£4,99502 Sep 202416 Dec 2024105 Days
55 Craiglands, Rochdale, Greater Manchester, OL16 4RD£369,950£361,500-£8,45011 Jun 202413 Dec 2024185 Days
75 Newhey Road, Milnrow, Rochdale, Greater Manchester, OL16 3PS£200,000£195,000-£5,00021 Aug 202413 Dec 2024114 Days
478 Halifax Road, Rochdale, Greater Manchester, OL16 2RD£169,950£162,500-£7,45012 Aug 202429 Nov 2024109 Days
25 Newbold Hall Drive, Rochdale, Greater Manchester, OL16 3AG£199,950£195,000-£4,95009 Feb 202425 Nov 2024290 Days
68 Croft Head Drive, Milnrow, Rochdale, Greater Manchester, OL16 3UZ£300,000£290,000-£10,00008 May 202422 Nov 2024198 Days
38 Bealcroft Close, Milnrow, Rochdale, Greater Manchester, OL16 3XD£220,000£205,000-£15,00004 Apr 202422 Nov 2024232 Days
35 Newhey Road, Milnrow, Rochdale, Greater Manchester, OL16 3NP£110,000£108,000-£2,00030 Aug 202421 Nov 202483 Days
33 Croxton Avenue, Rochdale, Greater Manchester, OL16 2XX£86,500£55,000-£31,50001 Nov 201620 Nov 20242941 Days
2 Shorefield Close, Milnrow, Rochdale, Greater Manchester, OL16 3UF£310,000£305,000-£5,00021 Aug 202415 Nov 202486 Days
21 Birch Crescent, Newhey, Rochdale, Greater Manchester, OL16 4LJ£165,000£165,000£014 Jun 202408 Nov 2024147 Days
7 Simeon Street, Milnrow, Rochdale, Greater Manchester, OL16 3LD£180,000£175,000-£5,00028 Mar 202401 Nov 2024218 Days
1 Larchway, Firgrove, Rochdale, Greater Manchester, OL16 3AZ£310,000£292,000-£18,00031 May 202431 Oct 2024153 Days
127 Huddersfield Road, Newhey, Rochdale, Greater Manchester, OL16 3QG£176,000£173,000-£3,00018 Jun 202431 Oct 2024135 Days
16 Tollgate Way, Rochdale, Greater Manchester, OL16 2YQ£150,000£150,000£006 Jul 202430 Oct 2024116 Days
9 Thames Road, Milnrow, Rochdale, Greater Manchester, OL16 3UB£220,000£220,000£031 Jul 202430 Oct 202491 Days
2 Marsden Close, Rochdale, Greater Manchester, OL16 4SD£549,950£534,600-£15,35003 Jun 202428 Oct 2024147 Days
110 Shaw Road, Rochdale, Greater Manchester, OL16 4SQ£450,000£437,000-£13,00025 Mar 202428 Oct 2024217 Days
61 Knowl Road, Rochdale, Greater Manchester, OL16 4BB£200,000£195,000-£5,00029 Jun 202425 Oct 2024118 Days
61 St Anns Road, Rochdale, Greater Manchester, OL16 5AB£95,000£95,000£013 Mar 202418 Oct 2024219 Days

Most Expensive Streets in OL16 (Rochdale)

PostcodeStreetAreaAverageNo. of Sales
OL16 3DGBirchinley Lane, MilnrowRochdale£559,1666
OL16 3TQSpringmill, Ogden LaneRochdale£492,5004
OL16 4BUBuckley Hill Lane, MilnrowRochdale£474,5559
OL16 4NDWhitebeam Close, NewheyRochdale£435,0836
OL16 4SDMarsden CloseRochdale£416,2754
OL16 3LYAlexander Drive, MilnrowRochdale£413,3333
OL16 4PJWrenbury DriveRochdale£402,20010
OL16 4SBFerndale AvenueRochdale£398,7663
OL16 2BJLambs FoldRochdale£393,7504
OL16 4SEOldham RoadRochdale£391,6663

Least Expensive Streets in OL16 (Rochdale)

PostcodeStreetAreaAverageNo. of Sales
OL16 2JUKellett StreetRochdale£65,7995
OL16 4TGLower StreetRochdale£69,3333
OL16 2SZDover StreetRochdale£71,6653
OL16 5DSStamford StreetRochdale£72,6663
OL16 2LHEntwisle RoadRochdale£72,9884
OL16 2LAOswald StreetRochdale£76,2005
OL16 2XNBelfield RoadRochdale£77,7504
OL16 5LHCrown StreetRochdale£79,2504
OL16 3RAChatwell Court, NewheyRochdale£81,0003
OL16 4UJWatkin StreetRochdale£82,1663

Explore OL16 (Rochdale) using map

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