Drake Street - OL16 1NU
Key Postcode Insights
OL16 1NU is a residential postcode situated on Drake Street, Rochdale, OL16 with 5 addresses.
It ranks as the 201st largest and 41st most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 5 properties: 1 house and 4 flats.
- Ave. Sale Price
- £100,078
- 10 Year change
- up 72.7%
- Ave. Rental Price
- £704pcm
- 10 Year change
- up 87.5%
- Ave. £ per ft²
- £118/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Key Postcode Insights
OL16 1NU is a residential postcode situated on Drake Street, Rochdale, OL16 with 5 addresses.
It ranks as the 201st largest and 41st most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 5 properties: 1 house and 4 flats.
- Ave. Sale Price
- £100,078
- 10 Year change
- up 72.7%
- Ave. Rental Price
- £704pcm
- 10 Year change
- up 87.5%
- Ave. £ per ft²
- £118/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Explore Propertiesin OL16 1NU
- 34 Drake Street
Building | 1 Flat
- 36 Drake Street
Building | 2 Flats
- 38-40 Drake Street
House
Sales Market Trends
The last sale in OL16 1NU sold for £100,000 on 30th August 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £100,078.
The OL16 1NU Sales Market has increased by 72.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £100,078 |
| June 2025 | 4.1% | £97,112 |
| June 2024 | 5.1% | £93,279 |
| June 2023 | 1.4% | £88,782 |
| June 2022 | 12.8% | £87,576 |
| June 2021 | 12.9% | £77,639 |
| June 2020 | 3.3% | £68,761 |
| June 2019 | 4.5% | £66,570 |
| June 2018 | 7.3% | £63,694 |
| June 2017 | 2.4% | £59,355 |
| June 2016 | 2.1% | £57,960 |
| June 2015 | 1.5% | £56,749 |
| June 2014 | 1.3% | £55,914 |
| June 2013 | -1.3% | £55,171 |
| June 2012 | -2.1% | £55,912 |
| June 2011 | -4.5% | £57,085 |
| June 2010 | 2.1% | £59,750 |
| June 2009 | -13.5% | £58,500 |
| June 2008 | -3.1% | £67,654 |
| June 2007 | 0% | £69,838 |
Rental Market Trends
The current average rental value in the postcode is £704.
The OL16 1NU Rental Market has increased by 87.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £704pcm |
| June 2025 | 7% | £676pcm |
| June 2024 | 13.6% | £632pcm |
| June 2023 | 9.3% | £557pcm |
| June 2022 | 11.9% | £509pcm |
| June 2021 | 7.4% | £455pcm |
| June 2020 | 5.6% | £423pcm |
| June 2019 | 2% | £401pcm |
| June 2018 | 0.9% | £393pcm |
| June 2017 | 3.8% | £390pcm |
| June 2016 | 1.3% | £376pcm |
| June 2015 | 1.2% | £371pcm |
| June 2014 | 1.5% | £366pcm |
| June 2013 | -1% | £361pcm |
| June 2012 | -2.2% | £365pcm |
| June 2011 | 1.1% | £373pcm |
| June 2010 | -1% | £369pcm |
| June 2009 | -5.1% | £372pcm |
| June 2008 | 3% | £392pcm |
| June 2007 | 0% | £381pcm |
Sales History
The last sale was on 30th August 2024 for £100,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
OL16 1NU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£100,000 | 2 Bed House38-40, Drake Street, Rochdale, OL16 1NU38-40, Drake Street, Rochdale, OL16 1NU
- Sold Apr 2018£93,000 | 2 Bed Flat36, Drake Street, Rochdale, OL16 1NU36, Drake Street, Rochdale, OL16 1NU
- Sold Aug 2017£79,000 | 2 Bed Flat36A, Drake Street, Rochdale, OL16 1NU36A, Drake Street, Rochdale, OL16 1NU
- Sold Oct 2016£60,000 | 2 Bed House38-40, Drake Street, Rochdale, OL16 1NU38-40, Drake Street, Rochdale, OL16 1NU
Nearby Postcodes
OL16 1NU is the 201st largest and the 41st most expensive postcode out of the 981 postcodes in the OL16 area.
- OL16 1NL, Nelson Street, Rochdale, OL16OL16 1NL9 Addresses|6 m away
- OL16 1NR, Church Lane, Rochdale, OL16OL16 1NR11 Addresses|30 m away
- OL16 1RX, Drake Street, Rochdale, OL16OL16 1RX8 Addresses|33 m away
- OL16 1NT, Drake Street, Rochdale, OL16OL16 1NT2 Addresses|39 m away
- OL16 1RE, Drake Street, Rochdale, OL16OL16 1RE7 Addresses|49 m away
Property Types
- 5 other addresses of unknown type
- Unknown (5)
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 (5)
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 School400 m away
- St John's Roman Catholic Primary School, a Voluntary Academy600 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 1NU 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