Drake Street - OL16 1PQ
Key Postcode Insights
OL16 1PQ is a residential postcode situated on Drake Street, Rochdale, OL16 with 7 addresses.
It ranks as the 269th largest and 95th most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £143,236
- 10 Year change
- up 63.3%
- Ave. Rental Price
- £884pcm
- 10 Year change
- up 77.3%
- Ave. £ per ft²
- £157/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
OL16 1PQ is a residential postcode situated on Drake Street, Rochdale, OL16 with 7 addresses.
It ranks as the 269th largest and 95th most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £143,236
- 10 Year change
- up 63.3%
- Ave. Rental Price
- £884pcm
- 10 Year change
- up 77.3%
- Ave. £ per ft²
- £157/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin OL16 1PQ
- 72A Drake Street
House
- 76 Drake Street
4 Bed House
- 92 Drake Street
Building | 2 Flats
- 94 Drake Street
House
- 96A Drake Street
2 Bed Period Flat
Sales Market Trends
The last sale in OL16 1PQ sold for £77,500 on 30th June 2022. Since then prices are up an average of 61.9%.
The current average value in the postcode is £143,236.
The OL16 1PQ Sales Market has increased by 63.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £143,236 |
| June 2025 | 3.2% | £140,577 |
| June 2024 | 4.4% | £136,247 |
| June 2023 | 1.3% | £130,493 |
| June 2022 | 12.1% | £128,834 |
| June 2021 | 12.1% | £114,927 |
| June 2020 | 2.8% | £102,566 |
| June 2019 | 4.2% | £99,800 |
| June 2018 | 7% | £95,733 |
| June 2017 | 1.9% | £89,442 |
| June 2016 | 2% | £87,732 |
| June 2015 | 1.4% | £86,017 |
| June 2014 | 1.2% | £84,805 |
| June 2013 | -1.3% | £83,760 |
| June 2012 | -1.9% | £84,839 |
| June 2011 | -3.5% | £86,496 |
| June 2010 | 2.2% | £89,621 |
| June 2009 | -13.2% | £87,693 |
| June 2008 | -3.7% | £101,063 |
| June 2007 | 0% | £104,966 |
Rental Market Trends
The current average rental value in the postcode is £884.
The OL16 1PQ Rental Market has increased by 77.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £884pcm |
| June 2025 | 6% | £859pcm |
| June 2024 | 12.9% | £810pcm |
| June 2023 | 9.2% | £717pcm |
| June 2022 | 11.2% | £657pcm |
| June 2021 | 6.6% | £590pcm |
| June 2020 | 5% | £554pcm |
| June 2019 | 1.7% | £527pcm |
| June 2018 | 0.6% | £518pcm |
| June 2017 | 3.3% | £515pcm |
| June 2016 | 1.2% | £498pcm |
| June 2015 | 1.1% | £493pcm |
| June 2014 | 1.4% | £487pcm |
| June 2013 | -0.9% | £481pcm |
| June 2012 | -2% | £485pcm |
| June 2011 | 2.1% | £495pcm |
| June 2010 | -1% | £485pcm |
| June 2009 | -4.8% | £490pcm |
| June 2008 | 2.3% | £514pcm |
| June 2007 | 0% | £502pcm |
Sales History
The last sale was on 30th June 2022 for £77,500 and since then the market in the area has increased by 61.9%. The postcode has had a total of 7 sales since 1995.
OL16 1PQ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£77,500 | 4 Bed House94, Drake Street, Rochdale, OL16 1PQ94, Drake Street, Rochdale, OL16 1PQ
- Sold Sep 2017£70,000 | 2 Bed Flat92, Drake Street, Rochdale, OL16 1PQ92, Drake Street, Rochdale, OL16 1PQ
- Sold Aug 2017£140,000 | 2 Bed Flat100, Drake Street, Rochdale, OL16 1PQ100, Drake Street, Rochdale, OL16 1PQ
- Sold Oct 2010£125,000 | 4 Bed House76, Drake Street, Rochdale, OL16 1PQ76, Drake Street, Rochdale, OL16 1PQ
- Sold Jan 2010£72,500 | 2 Bed Flat92, Drake Street, Rochdale, OL16 1PQ92, Drake Street, Rochdale, OL16 1PQ
Nearby Postcodes
OL16 1PQ is the 269th largest and the 95th most expensive postcode out of the 981 postcodes in the OL16 area.
- OL16 1BD, Drake Street, Rochdale, OL16OL16 1BD25 Addresses|14 m away
- OL16 1DA, Great George Street, Rochdale, OL16OL16 1DA4 Addresses|34 m away
- OL16 1QZ, Greenwood Street, Rochdale, OL16OL16 1QZ3 Addresses|37 m away
- OL16 1SD, Drake Street, Rochdale, OL16OL16 1SD4 Addresses|47 m away
- OL16 1SJ, Baron Street, Rochdale, OL16OL16 1SJ2 Addresses|53 m away
Property Types
- 1 period flat built between 1800 and 1911
- 1 house of an unknown age
- 5 other addresses of unknown type
- period flat (1)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- 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 Academy500 m away
- Deeplish Primary Academy800 m away
- Falinge Park High School1.5 km away
- Kingsway Park High School1.6 km away
- Oulder Hill Leadership Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to OL16 1PQ is Rochdale station, which is 500 metres away.
- Rochdale|500 m away
- Castleton (Manchester)|3.0 km away
- Smithy Bridge|3.4 km away
- Littleborough|5.0 km away
