Drake Street - OL16 1PX
Key Postcode Insights
OL16 1PX is a residential postcode situated on Drake Street, Rochdale, OL16 with 18 addresses.
It ranks as the 533rd largest and 43rd 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 18 properties: 3 houses, 12 flats and 3 other properties.
- Ave. Sale Price
- £109,407
- 10 Year change
- up 63.4%
- Ave. Rental Price
- £741pcm
- 10 Year change
- up 77.6%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Postcode Insights
OL16 1PX is a residential postcode situated on Drake Street, Rochdale, OL16 with 18 addresses.
It ranks as the 533rd largest and 43rd 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 18 properties: 3 houses, 12 flats and 3 other properties.
- Ave. Sale Price
- £109,407
- 10 Year change
- up 63.4%
- Ave. Rental Price
- £741pcm
- 10 Year change
- up 77.6%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Explore Propertiesin OL16 1PX
- The Coach House
Unknown
- 152 Drake Street
Unknown
- 154 Drake Street
4 Bed House
- 156 Drake Street
Building | 2 Flats
- 158 Drake Street
Building | 4 Flats
Sales Market Trends
The last sale in OL16 1PX sold for £170,000 on 25th April 2007. Since then prices are up an average of 31.6%.
The current average value in the postcode is £109,407.
The OL16 1PX Sales Market has increased by 63.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £109,407 |
| June 2025 | 3.1% | £107,303 |
| June 2024 | 4.1% | £104,086 |
| June 2023 | 1.1% | £99,969 |
| June 2022 | 12.1% | £98,914 |
| June 2021 | 12.3% | £88,232 |
| June 2020 | 2.7% | £78,582 |
| June 2019 | 4% | £76,501 |
| June 2018 | 7.6% | £73,584 |
| June 2017 | 2.1% | £68,367 |
| June 2016 | 1.7% | £66,974 |
| June 2015 | 1.7% | £65,876 |
| June 2014 | 1.4% | £64,791 |
| June 2013 | -1.5% | £63,877 |
| June 2012 | -1.6% | £64,854 |
| June 2011 | -3.5% | £65,928 |
| June 2010 | 4% | £68,294 |
| June 2009 | -12.5% | £65,646 |
| June 2008 | -3.8% | £75,022 |
| June 2007 | 0% | £78,011 |
Rental Market Trends
The current average rental value in the postcode is £741.
The OL16 1PX Rental Market has increased by 77.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £741pcm |
| June 2025 | 6.5% | £718pcm |
| June 2024 | 12.3% | £674pcm |
| June 2023 | 9.3% | £600pcm |
| June 2022 | 11.1% | £549pcm |
| June 2021 | 6.5% | £494pcm |
| June 2020 | 5.5% | £464pcm |
| June 2019 | 1.7% | £440pcm |
| June 2018 | 0.6% | £433pcm |
| June 2017 | 3.2% | £430pcm |
| June 2016 | 1.3% | £417pcm |
| June 2015 | 1.2% | £411pcm |
| June 2014 | 1.7% | £407pcm |
| June 2013 | -0.6% | £400pcm |
| June 2012 | -1.9% | £402pcm |
| June 2011 | 2.2% | £410pcm |
| June 2010 | 0.4% | £402pcm |
| June 2009 | -3.7% | £400pcm |
| June 2008 | 2.8% | £415pcm |
| June 2007 | 0% | £404pcm |
Sales History
The last sale was on 25th April 2007 for £170,000 and since then the market in the area has increased by 31.6%. The postcode has had a total of 2 sales since 1995.
OL16 1PX has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
OL16 1PX is the 533rd largest and the 43rd most expensive postcode out of the 981 postcodes in the OL16 area.
- OL16 1QD, Drake Street, Rochdale, OL16OL16 1QD6 Addresses|17 m away
- OL16 1QQ, Ann Street, Rochdale, OL16OL16 1QQ3 Addresses|35 m away
- OL16 1PZ, Drake Street, Rochdale, OL16OL16 1PZ7 Addresses|50 m away
- OL16 1QB, Drake Street, Rochdale, OL16OL16 1QB3 Addresses|52 m away
- OL16 1QE, Church Stile, Rochdale, OL16OL16 1QE15 Addresses|60 m away
Property Types
- 9 modern flats built after 1980
- 6 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- modern flat (9)
- mid-century flat (6)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (2)
- F (0)
- C (3)
- G (0)
- D (5)
- 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
- St John's Roman Catholic Primary School, a Voluntary Academy200 m away
- Broadfield Community Primary School300 m away
- Deeplish Primary Academy600 m away
- Kingsway Park High School1.5 km away
- Falinge Park High School1.6 km away
- Oulder Hill Leadership Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to OL16 1PX is Rochdale station, which is 300 metres away.
- Rochdale|300 m away
- Castleton (Manchester)|2.7 km away
- Smithy Bridge|3.6 km away
- Littleborough|5.3 km away
