Drake Street - OL16 1RX
Key Postcode Insights
OL16 1RX is a residential postcode situated on Drake Street, Rochdale, OL16 with 10 addresses.
It ranks as the 316th largest and 324th most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 10 properties: 7 houses, 1 flat and 2 other properties.
- Ave. Sale Price
- £134,061
- 10 Year change
- up 72.7%
- Ave. Rental Price
- £876pcm
- 10 Year change
- up 87.5%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
OL16 1RX is a residential postcode situated on Drake Street, Rochdale, OL16 with 10 addresses.
It ranks as the 316th largest and 324th most expensive of the 981 postcodes in the OL16 area.
The postcode contains a total of 10 properties: 7 houses, 1 flat and 2 other properties.
- Ave. Sale Price
- £134,061
- 10 Year change
- up 72.7%
- Ave. Rental Price
- £876pcm
- 10 Year change
- up 87.5%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertiesin OL16 1RX
- 39-39A Drake Street
Unknown
- 21 Drake Street
Building | 3 Flats
- 23 Drake Street
Unknown
- 25A Drake Street
Unknown
- 29-31 Drake Street
Unknown
Sales Market Trends
The last sale in OL16 1RX sold for £60,000 on 28th June 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £134,061.
The OL16 1RX Sales Market has increased by 72.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £134,061 |
| June 2025 | 4.1% | £130,088 |
| June 2024 | 5.1% | £124,954 |
| June 2023 | 1.4% | £118,929 |
| June 2022 | 12.8% | £117,313 |
| June 2021 | 12.9% | £104,003 |
| June 2020 | 3.3% | £92,110 |
| June 2019 | 4.5% | £89,175 |
| June 2018 | 7.3% | £85,322 |
| June 2017 | 2.4% | £79,509 |
| June 2016 | 2.1% | £77,641 |
| June 2015 | 1.5% | £76,018 |
| June 2014 | 1.3% | £74,901 |
| June 2013 | -1.3% | £73,906 |
| June 2012 | -2.1% | £74,898 |
| June 2011 | -4.5% | £76,468 |
| June 2010 | 2.1% | £80,039 |
| June 2009 | -13.5% | £78,364 |
| June 2008 | -3.1% | £90,627 |
| June 2007 | 0% | £93,553 |
Rental Market Trends
The current average rental value in the postcode is £876.
The OL16 1RX Rental Market has increased by 87.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £876pcm |
| June 2025 | 7% | £841pcm |
| June 2024 | 13.6% | £787pcm |
| June 2023 | 9.3% | £692pcm |
| June 2022 | 11.9% | £633pcm |
| June 2021 | 7.4% | £566pcm |
| June 2020 | 5.6% | £527pcm |
| June 2019 | 2% | £499pcm |
| June 2018 | 0.9% | £489pcm |
| June 2017 | 3.8% | £485pcm |
| June 2016 | 1.3% | £467pcm |
| June 2015 | 1.2% | £461pcm |
| June 2014 | 1.5% | £456pcm |
| June 2013 | -1% | £449pcm |
| June 2012 | -2.2% | £454pcm |
| June 2011 | 1.1% | £464pcm |
| June 2010 | -1% | £459pcm |
| June 2009 | -5.1% | £463pcm |
| June 2008 | 3% | £488pcm |
| June 2007 | 0% | £474pcm |
Sales History
The last sale was on 28th June 2018 for £60,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
OL16 1RX has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2018£60,000 | 2 Bed House33, Drake Street, Rochdale, OL16 1RX33, Drake Street, Rochdale, OL16 1RX
- Sold Jan 2017£70,100 | 2 Bed House29-31, Drake Street, Rochdale, OL16 1RX29-31, Drake Street, Rochdale, OL16 1RX
- Sold Jun 2001£8,000 | 2 Bed House23, Drake Street, Rochdale, OL16 1RX23, Drake Street, Rochdale, OL16 1RX
Nearby Postcodes
OL16 1RX is the 316th largest and the 324th most expensive postcode out of the 981 postcodes in the OL16 area.
- OL16 1NU, Drake Street, Rochdale, OL16OL16 1NU5 Addresses|33 m away
- OL16 1NL, Nelson Street, Rochdale, OL16OL16 1NL9 Addresses|39 m away
- OL16 1RE, Drake Street, Rochdale, OL16OL16 1RE7 Addresses|52 m away
- OL16 1NZ, Drake Street, Rochdale, OL16OL16 1NZ3 Addresses|57 m away
- OL16 1NT, Drake Street, Rochdale, OL16OL16 1NT2 Addresses|59 m away
Property Types
- 10 other addresses of unknown type
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (8)
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 Academy600 m away
- Deeplish Primary Academy1.0 km away
- Falinge Park High School1.3 km away
- Kingsway Park High School1.8 km away
- Oulder Hill Leadership Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to OL16 1RX is Rochdale station, which is 700 metres away.
- Rochdale|700 m away
- Castleton (Manchester)|3.1 km away
- Smithy Bridge|3.3 km away
- Littleborough|5.0 km away
