Drake Street - OL16 1PZ
Key Postcode Insights
OL16 1PZ is a residential postcode situated on Drake Street, Rochdale, OL16 with 7 addresses.
It ranks as the 270th largest and 760th most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £236,131
- 10 Year change
- up 72.1%
- Ave. Rental Price
- £1,263pcm
- 10 Year change
- up 87.1%
- Ave. £ per ft²
- £153/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
OL16 1PZ is a residential postcode situated on Drake Street, Rochdale, OL16 with 7 addresses.
It ranks as the 270th largest and 760th most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £236,131
- 10 Year change
- up 72.1%
- Ave. Rental Price
- £1,263pcm
- 10 Year change
- up 87.1%
- Ave. £ per ft²
- £153/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin OL16 1PZ
- 105 Drake Street
Unknown
- 107 Drake Street
Unknown
- 109 Drake Street
Unknown
- 115 Drake Street
4 Bed House
- 117 Drake Street
4 Bed Period House
Sales Market Trends
The last sale in OL16 1PZ sold for £161,000 on 3rd September 2021. Since then prices are up an average of 82.6%.
The current average value in the postcode is £236,131.
The OL16 1PZ Sales Market has increased by 72.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £236,131 |
| June 2025 | 3.8% | £228,961 |
| June 2024 | 3.4% | £220,625 |
| June 2023 | 1.6% | £213,383 |
| June 2022 | 12.9% | £209,980 |
| June 2021 | 13.1% | £185,964 |
| June 2020 | 3.1% | £164,458 |
| June 2019 | 4.3% | £159,500 |
| June 2018 | 8.2% | £152,990 |
| June 2017 | 3% | £141,374 |
| June 2016 | 2% | £137,213 |
| June 2015 | 2% | £134,541 |
| June 2014 | 1.8% | £131,841 |
| June 2013 | -1% | £129,493 |
| June 2012 | -1.5% | £130,776 |
| June 2011 | -3.4% | £132,816 |
| June 2010 | 6.4% | £137,507 |
| June 2009 | -10.4% | £129,187 |
| June 2008 | -3.6% | £144,221 |
| June 2007 | 0% | £149,563 |
Rental Market Trends
The current average rental value in the postcode is £1,263.
The OL16 1PZ Rental Market has increased by 87.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,263pcm |
| June 2025 | 7.2% | £1,211pcm |
| June 2024 | 11.6% | £1,129pcm |
| June 2023 | 9.9% | £1,012pcm |
| June 2022 | 11.9% | £921pcm |
| June 2021 | 7.2% | £823pcm |
| June 2020 | 5.9% | £767pcm |
| June 2019 | 2% | £725pcm |
| June 2018 | 1.1% | £711pcm |
| June 2017 | 4.2% | £703pcm |
| June 2016 | 1.6% | £675pcm |
| June 2015 | 1.5% | £664pcm |
| June 2014 | 2.1% | £654pcm |
| June 2013 | -0.1% | £641pcm |
| June 2012 | -1.8% | £641pcm |
| June 2011 | 2.2% | £653pcm |
| June 2010 | 2.7% | £639pcm |
| June 2009 | -1.4% | £622pcm |
| June 2008 | 3.1% | £631pcm |
| June 2007 | 0% | £612pcm |
Sales History
The last sale was on 3rd September 2021 for £161,000 and since then the market in the area has increased by 82.6%. The postcode has had a total of 9 sales since 1995.
OL16 1PZ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2021£161,000 | 4 Bed House119, Drake Street, Rochdale, OL16 1PZ119, Drake Street, Rochdale, OL16 1PZ
- Sold Nov 2011£138,000 | 4 Bed House117, Drake Street, Rochdale, OL16 1PZ117, Drake Street, Rochdale, OL16 1PZ
- Sold Nov 2009£180,000 | 4 Bed House115, Drake Street, Rochdale, OL16 1PZ115, Drake Street, Rochdale, OL16 1PZ
- Sold Oct 2005£130,000 | 4 Bed House115, Drake Street, Rochdale, OL16 1PZ115, Drake Street, Rochdale, OL16 1PZ
- Sold Jan 2003£66,501 | 4 Bed House123, Drake Street, Rochdale, OL16 1PZ123, Drake Street, Rochdale, OL16 1PZ
Nearby Postcodes
OL16 1PZ is the 270th largest and the 760th most expensive postcode out of the 981 postcodes in the OL16 area.
- OL16 1PX, Drake Street, Rochdale, OL16OL16 1PX15 Addresses|50 m away
- OL16 1QD, Drake Street, Rochdale, OL16OL16 1QD6 Addresses|66 m away
- OL16 1DE, Back Drake Street, Rochdale, OL16OL16 1DE6 Addresses|69 m away
- OL16 1QQ, Ann Street, Rochdale, OL16OL16 1QQ3 Addresses|75 m away
- OL16 1QB, Drake Street, Rochdale, OL16OL16 1QB3 Addresses|77 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 house of an unknown age
- 5 other addresses of unknown type
- period house (1)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (6)
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 School400 m away
- Deeplish Primary Academy600 m away
- Kingsway Park High School1.5 km away
- Falinge Park High School1.7 km away
- Oulder Hill Leadership Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to OL16 1PZ 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
