Drake Street - OL16 1NT
Key Postcode Insights
OL16 1NT is a residential postcode situated on Drake Street, Rochdale, OL16 with 2 addresses.
It ranks as the 65th largest and 321st most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £144,054
- 10 Year change
- up 91.0%
- Ave. Rental Price
- £927pcm
- 10 Year change
- up 107.3%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
OL16 1NT is a residential postcode situated on Drake Street, Rochdale, OL16 with 2 addresses.
It ranks as the 65th largest and 321st most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £144,054
- 10 Year change
- up 91.0%
- Ave. Rental Price
- £927pcm
- 10 Year change
- up 107.3%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Sales Market Trends
The last sale in OL16 1NT sold for £94,500 on 15th November 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £144,054.
The OL16 1NT Sales Market has increased by 91.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £144,054 |
| June 2025 | 5.5% | £137,205 |
| June 2024 | 5.1% | £130,087 |
| June 2023 | 2.1% | £123,719 |
| June 2022 | 14.2% | £121,212 |
| June 2021 | 14.4% | £106,120 |
| June 2020 | 4.2% | £92,738 |
| June 2019 | 5.1% | £89,011 |
| June 2018 | 8.3% | £84,680 |
| June 2017 | 3.7% | £78,214 |
| June 2016 | 2.5% | £75,431 |
| June 2015 | 1.8% | £73,568 |
| June 2014 | 1.7% | £72,283 |
| June 2013 | -1% | £71,074 |
| June 2012 | -2.2% | £71,823 |
| June 2011 | -5.6% | £73,421 |
| June 2010 | 3.5% | £77,742 |
| June 2009 | -12.7% | £75,128 |
| June 2008 | -2.3% | £86,044 |
| June 2007 | 0% | £88,032 |
Rental Market Trends
The current average rental value in the postcode is £927.
The OL16 1NT Rental Market has increased by 107.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6% | £927pcm |
| June 2025 | 8.4% | £874pcm |
| June 2024 | 13.7% | £807pcm |
| June 2023 | 10.1% | £709pcm |
| June 2022 | 13.4% | £644pcm |
| June 2021 | 8.8% | £569pcm |
| June 2020 | 6.5% | £522pcm |
| June 2019 | 2.6% | £491pcm |
| June 2018 | 1.8% | £478pcm |
| June 2017 | 5.1% | £470pcm |
| June 2016 | 1.7% | £447pcm |
| June 2015 | 1.4% | £440pcm |
| June 2014 | 1.9% | £433pcm |
| June 2013 | -0.7% | £425pcm |
| June 2012 | -2.3% | £428pcm |
| June 2011 | -0.1% | £438pcm |
| June 2010 | 0.3% | £439pcm |
| June 2009 | -4.2% | £438pcm |
| June 2008 | 3.9% | £457pcm |
| June 2007 | 0% | £439pcm |
Sales History
The last sale was on 15th November 2018 for £94,500 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
OL16 1NT has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
OL16 1NT is the 65th largest and the 321st most expensive postcode out of the 981 postcodes in the OL16 area.
- OL16 1RE, Drake Street, Rochdale, OL16OL16 1RE7 Addresses|26 m away
- OL16 1LY, Fleece Street, Rochdale, OL16OL16 1LY3 Addresses|38 m away
- OL16 1LU, Drake Street, Rochdale, OL16OL16 1LU2 Addresses|39 m away
- OL16 1NU, Drake Street, Rochdale, OL16OL16 1NU5 Addresses|39 m away
- OL16 1NL, Nelson Street, Rochdale, OL16OL16 1NL9 Addresses|40 m away
Property Types
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2023£1,300,000 | 2 Bed House48A, Drake Street, Rochdale, OL16 1NZ48A, Drake Street, Rochdale, OL16 1NZ
- Sold Nov 2009£180,000 | 4 Bed House115, Drake Street, Rochdale, OL16 1PZ115, Drake Street, Rochdale, OL16 1PZ
- Sold Aug 2004£170,999 | 2 Bed House81, Drake Street, Rochdale, OL16 1SD81, Drake Street, Rochdale, OL16 1SD
Schools Nearby
- Broadfield Community Primary School300 m away
- St John's Roman Catholic Primary School, a Voluntary Academy700 m away
- Deeplish Primary Academy1.0 km away
- Falinge Park High School1.3 km away
- Kingsway Park High School1.8 km away
- Oulder Hill Leadership Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to OL16 1NT is Rochdale station, which is 700 metres away.
- Rochdale|700 m away
- Castleton (Manchester)|3.1 km away
- Smithy Bridge|3.4 km away
- Littleborough|5.0 km away
