Drake Street - OL16 1SB
Key Postcode Insights
OL16 1SB is a residential postcode situated on Drake Street, Rochdale, OL16 with 9 addresses.
It ranks as the 351st largest and 46th most expensive of the 981 postcodes in the OL16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 9 properties: 1 house and 8 flats.
- Ave. Sale Price
- £96,609
- 10 Year change
- up 72.7%
- Ave. Rental Price
- £681pcm
- 10 Year change
- up 87.5%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Postcode Insights
OL16 1SB is a residential postcode situated on Drake Street, Rochdale, OL16 with 9 addresses.
It ranks as the 351st largest and 46th most expensive of the 981 postcodes in the OL16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 9 properties: 1 house and 8 flats.
- Ave. Sale Price
- £96,609
- 10 Year change
- up 72.7%
- Ave. Rental Price
- £681pcm
- 10 Year change
- up 87.5%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Propertiesin OL16 1SB
- Flat
Flat
- 67 Drake Street
Building | 2 Flats
- 69 Drake Street
Building | 3 Flats
- 71 Drake Street
Building | 3 Flats
Sales Market Trends
The last sale in OL16 1SB sold for £30,000 on 13th February 2007. Since then prices are up an average of 32.0%.
The current average value in the postcode is £96,609.
The OL16 1SB Sales Market has increased by 72.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £96,609 |
| June 2025 | 4.1% | £93,745 |
| June 2024 | 5.1% | £90,046 |
| June 2023 | 1.4% | £85,704 |
| June 2022 | 12.8% | £84,539 |
| June 2021 | 12.9% | £74,948 |
| June 2020 | 3.3% | £66,377 |
| June 2019 | 4.5% | £64,262 |
| June 2018 | 7.3% | £61,486 |
| June 2017 | 2.4% | £57,297 |
| June 2016 | 2.1% | £55,951 |
| June 2015 | 1.5% | £54,781 |
| June 2014 | 1.3% | £53,976 |
| June 2013 | -1.3% | £53,259 |
| June 2012 | -2.1% | £53,974 |
| June 2011 | -4.5% | £55,105 |
| June 2010 | 2.1% | £57,679 |
| June 2009 | -13.5% | £56,472 |
| June 2008 | -3.1% | £65,309 |
| June 2007 | 0% | £67,417 |
Rental Market Trends
The current average rental value in the postcode is £681.
The OL16 1SB Rental Market has increased by 87.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £681pcm |
| June 2025 | 7% | £654pcm |
| June 2024 | 13.6% | £611pcm |
| June 2023 | 9.3% | £538pcm |
| June 2022 | 11.9% | £492pcm |
| June 2021 | 7.4% | £440pcm |
| June 2020 | 5.6% | £409pcm |
| June 2019 | 2% | £388pcm |
| June 2018 | 0.9% | £380pcm |
| June 2017 | 3.8% | £377pcm |
| June 2016 | 1.3% | £363pcm |
| June 2015 | 1.2% | £358pcm |
| June 2014 | 1.5% | £354pcm |
| June 2013 | -1% | £349pcm |
| June 2012 | -2.2% | £352pcm |
| June 2011 | 1.1% | £360pcm |
| June 2010 | -1% | £356pcm |
| June 2009 | -5.1% | £360pcm |
| June 2008 | 3% | £379pcm |
| June 2007 | 0% | £369pcm |
Sales History
The last sale was on 13th February 2007 for £30,000 and since then the market in the area has increased by 32.0%. The postcode has had a total of 2 sales since 1995.
OL16 1SB has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
OL16 1SB is the 351st largest and the 46th most expensive postcode out of the 981 postcodes in the OL16 area.
- OL16 1PA, Drake Street, Rochdale, OL16OL16 1PA4 Addresses|39 m away
- OL16 1SD, Drake Street, Rochdale, OL16OL16 1SD4 Addresses|44 m away
- OL16 1DA, Great George Street, Rochdale, OL16OL16 1DA4 Addresses|49 m away
- OL16 1SJ, Baron Street, Rochdale, OL16OL16 1SJ2 Addresses|53 m away
- OL16 1NZ, Drake Street, Rochdale, OL16OL16 1NZ3 Addresses|65 m away
Property Types
- 2 modern flats built after 1980
- 6 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- modern flat (2)
- mid-century flat (6)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (4)
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 Academy900 m away
- Falinge Park High School1.4 km away
- Kingsway Park High School1.7 km away
- Oulder Hill Leadership Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to OL16 1SB is Rochdale station, which is 600 metres away.
- Rochdale|600 m away
- Castleton (Manchester)|3.1 km away
- Smithy Bridge|3.3 km away
- Littleborough|5.0 km away
