OL16 1PN is a residential postcode situated on Drake Street, Rochdale, OL16 with 8 addresses.
It ranks as the 312th largest and 414th most expensive of the 981 postcodes in the OL16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
OL16 1PN is a residential postcode situated on Drake Street, Rochdale, OL16 with 8 addresses.
It ranks as the 312th largest and 414th most expensive of the 981 postcodes in the OL16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
Sale prices range from £82,825 for 2 bedroom leasehold flats (516 ft2) to £164,245 for 3 bedroom leasehold houses with a garden (700 ft2) .
Monthly rental prices range from £704 pcm for 2 bed flats to £1,091 pcm for 3 bed houses.
The gross rental yield is between 8.0% and 10.3%.
The average value per square foot is £197.
The last sale in OL16 1PN sold for £97,000 on 31st March 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £133,542.
The OL16 1PN Sales Market has increased by 71.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £133,542 |
| April 2025 | 3.5% | £128,999 |
| April 2024 | 4.4% | £124,624 |
| April 2023 | 2.9% | £119,426 |
| April 2022 | 12% | £116,029 |
| April 2021 | 12.2% | £103,583 |
| April 2020 | 3.5% | £92,322 |
| April 2019 | 5.4% | £89,182 |
| April 2018 | 6.8% | £84,631 |
| April 2017 | 1.7% | £79,261 |
| April 2016 | 1% | £77,950 |
| April 2015 | 2.2% | £77,201 |
| April 2014 | 0.5% | £75,538 |
| April 2013 | -0.3% | £75,152 |
| April 2012 | -3% | £75,365 |
| April 2011 | -2.6% | £77,689 |
| April 2010 | -1.4% | £79,756 |
| April 2009 | -14.7% | £80,854 |
| April 2008 | -0.5% | £94,785 |
| April 2007 | 0% | £95,242 |
The current average rental value in the postcode is £959.
The OL16 1PN Rental Market has increased by 86.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £959pcm |
| April 2025 | 8.2% | £927pcm |
| April 2024 | 14.1% | £857pcm |
| April 2023 | 9.9% | £751pcm |
| April 2022 | 9.6% | £683pcm |
| April 2021 | 7.9% | £623pcm |
| April 2020 | 5.9% | £578pcm |
| April 2019 | 2.1% | £545pcm |
| April 2018 | 1.6% | £534pcm |
| April 2017 | 2.2% | £525pcm |
| April 2016 | 2.4% | £514pcm |
| April 2015 | 1.2% | £502pcm |
| April 2014 | 1.3% | £496pcm |
| April 2013 | 0.3% | £490pcm |
| April 2012 | -2% | £488pcm |
| April 2011 | -0.1% | £498pcm |
| April 2010 | -2.3% | £499pcm |
| April 2009 | -4.4% | £510pcm |
| April 2008 | 3.4% | £534pcm |
| April 2007 | 0% | £516pcm |
The last sale was on 31st March 2023 for £97,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
OL16 1PN has seen 1 sale in the last three years and no sales in the last twelve months.
OL16 1PN is the 312th largest and the 414th most expensive postcode out of the 981 postcodes in the OL16 area.
Be the first Estate
Agent here!
The closest station to OL16 1PN is Rochdale station which is 400 metres away.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around OL16 1PN, 50.7% of property is privately rented and 20.0% is socially rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around OL16 1PN, 25.0% of residents are recorded as possessing school level qualifications and 18.6% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around OL16 1PN, the average age was 34.4 and the most common age was 12.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around OL16 1PN, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around OL16 1PN, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.