Drake Street - OL16 1PS
Key Postcode Insights
OL16 1PS is a residential postcode situated on Drake Street, Rochdale, OL16 with 4 addresses.
It ranks as the 156th largest and 251st most expensive of the 981 postcodes in the OL16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
- Ave. Sale Price
- £133,767
- 10 Year change
- up 73.0%
- Ave. Rental Price
- £871pcm
- 10 Year change
- up 88.1%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
OL16 1PS is a residential postcode situated on Drake Street, Rochdale, OL16 with 4 addresses.
It ranks as the 156th largest and 251st most expensive of the 981 postcodes in the OL16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
- Ave. Sale Price
- £133,767
- 10 Year change
- up 73.0%
- Ave. Rental Price
- £871pcm
- 10 Year change
- up 88.1%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertiesin OL16 1PS
- 136 Drake Street
2 Bed House
- 138B Drake Street
Unknown
- 148 Drake Street
Building | 2 Flats
Sales Market Trends
The last sale in OL16 1PS sold for £7,425 on 17th July 2025. Since then prices are up an average of 15.3%.
The current average value in the postcode is £133,767.
The OL16 1PS Sales Market has increased by 73.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £133,767 |
| June 2025 | 3.9% | £129,904 |
| June 2024 | 5.1% | £124,985 |
| June 2023 | 1.2% | £118,896 |
| June 2022 | 12.8% | £117,458 |
| June 2021 | 13.1% | £104,113 |
| June 2020 | 3.3% | £92,069 |
| June 2019 | 4.3% | £89,150 |
| June 2018 | 8% | £85,483 |
| June 2017 | 2.4% | £79,147 |
| June 2016 | 1.7% | £77,318 |
| June 2015 | 1.6% | £76,007 |
| June 2014 | 1.4% | £74,842 |
| June 2013 | -1.8% | £73,827 |
| June 2012 | -1.9% | £75,174 |
| June 2011 | -4.7% | £76,598 |
| June 2010 | 2.9% | £80,368 |
| June 2009 | -13.7% | £78,090 |
| June 2008 | -3.2% | £90,498 |
| June 2007 | 0% | £93,507 |
Rental Market Trends
The current average rental value in the postcode is £871.
The OL16 1PS Rental Market has increased by 88.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £871pcm |
| June 2025 | 7.4% | £837pcm |
| June 2024 | 13.4% | £779pcm |
| June 2023 | 9.5% | £687pcm |
| June 2022 | 11.8% | £627pcm |
| June 2021 | 7.2% | £561pcm |
| June 2020 | 6% | £523pcm |
| June 2019 | 2% | £494pcm |
| June 2018 | 0.9% | £484pcm |
| June 2017 | 3.5% | £480pcm |
| June 2016 | 1.4% | £463pcm |
| June 2015 | 1.1% | £457pcm |
| June 2014 | 1.6% | £452pcm |
| June 2013 | -0.9% | £445pcm |
| June 2012 | -2.2% | £449pcm |
| June 2011 | 0.9% | £459pcm |
| June 2010 | -0.7% | £455pcm |
| June 2009 | -5% | £458pcm |
| June 2008 | 3.5% | £482pcm |
| June 2007 | 0% | £466pcm |
Sales History
The last sale was on 17th July 2025 for £7,425 and since then the market in the area has increased by 15.3%. The postcode has had a total of 6 sales since 1995.
OL16 1PS has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2025£7,425 | 2 Bed House136, Drake Street, Rochdale, OL16 1PS136, Drake Street, Rochdale, OL16 1PS
- Sold Apr 2022£100,000 | 2 Bed House136, Drake Street, Rochdale, OL16 1PS136, Drake Street, Rochdale, OL16 1PS
- Sold Mar 2010£85,000 | 2 Bed Flat148, Drake Street, Rochdale, OL16 1PS148, Drake Street, Rochdale, OL16 1PS
- Sold Feb 2010£50,000 | 2 Bed Flat148, Drake Street, Rochdale, OL16 1PS148, Drake Street, Rochdale, OL16 1PS
- Sold Feb 2008£133,000 | 2 Bed House136, Drake Street, Rochdale, OL16 1PS136, Drake Street, Rochdale, OL16 1PS
Nearby Postcodes
OL16 1PS is the 156th largest and the 251st most expensive postcode out of the 981 postcodes in the OL16 area.
- OL16 1DE, Back Drake Street, Rochdale, OL16OL16 1DE6 Addresses|14 m away
- OL16 1QQ, Ann Street, Rochdale, OL16OL16 1QQ3 Addresses|72 m away
- OL16 1FG, St. Chads Close, Rochdale, OL16OL16 1FG26 Addresses|74 m away
- OL16 1PZ, Drake Street, Rochdale, OL16OL16 1PZ7 Addresses|83 m away
- OL16 1PX, Drake Street, Rochdale, OL16OL16 1PX15 Addresses|87 m away
Property Types
- 2 modern flats built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- modern flat (2)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- 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
- St John's Roman Catholic Primary School, a Voluntary Academy300 m away
- Broadfield Community Primary School400 m away
- Deeplish Primary Academy700 m away
- Kingsway Park High School1.5 km away
- Falinge Park High School1.6 km away
- Oulder Hill Leadership Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to OL16 1PS is Rochdale station, which is 300 metres away.
- Rochdale|300 m away
- Castleton (Manchester)|2.8 km away
- Smithy Bridge|3.5 km away
- Littleborough|5.2 km away
