OL16 2EJ is a residential postcode situated on Edward Street, Rochdale, OL16 with 12 addresses.
It ranks as the 448th largest and 7th most expensive of the 981 postcodes in the OL16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 1 house and 11 flats.
OL16 2EJ is a residential postcode situated on Edward Street, Rochdale, OL16 with 12 addresses.
It ranks as the 448th largest and 7th most expensive of the 981 postcodes in the OL16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 1 house and 11 flats.
Sale prices range from £54,709 for 2 bedroom leasehold flats (270 ft2) to £96,836 for 2 bedroom leasehold houses with a garden (516 ft2) .
Monthly rental prices range from £482 pcm for 2 bed flats to £701 pcm for 2 bed houses.
The gross rental yield is between 8.7% and 10.6%.
The average value per square foot is £140.
The last sale in OL16 2EJ sold for £70,000 on 31st May 2024. Since then prices are up an average of 4.7%.
The current average value in the postcode is £71,800.
The OL16 2EJ Sales Market has increased by 75.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £71,800 |
| April 2025 | 3.6% | £69,078 |
| April 2024 | 4.5% | £66,661 |
| April 2023 | 3.6% | £63,775 |
| April 2022 | 12% | £61,587 |
| April 2021 | 12.8% | £54,974 |
| April 2020 | 3.3% | £48,725 |
| April 2019 | 4.7% | £47,184 |
| April 2018 | 7.3% | £45,045 |
| April 2017 | 2.4% | £41,981 |
| April 2016 | 1.5% | £41,011 |
| April 2015 | 2.1% | £40,389 |
| April 2014 | 1% | £39,568 |
| April 2013 | 0.4% | £39,164 |
| April 2012 | -3% | £39,024 |
| April 2011 | -3.4% | £40,248 |
| April 2010 | -1.2% | £41,678 |
| April 2009 | -14.9% | £42,177 |
| April 2008 | -0.2% | £49,543 |
| April 2007 | 0% | £49,654 |
The current average rental value in the postcode is £611.
The OL16 2EJ Rental Market has increased by 91.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £611pcm |
| April 2025 | 8.1% | £589pcm |
| April 2024 | 14.7% | £545pcm |
| April 2023 | 10.1% | £475pcm |
| April 2022 | 9.8% | £431pcm |
| April 2021 | 8.7% | £393pcm |
| April 2020 | 5.6% | £362pcm |
| April 2019 | 2.2% | £343pcm |
| April 2018 | 1.9% | £335pcm |
| April 2017 | 3.1% | £329pcm |
| April 2016 | 2.8% | £319pcm |
| April 2015 | 1.4% | £311pcm |
| April 2014 | 1.3% | £306pcm |
| April 2013 | 0.3% | £302pcm |
| April 2012 | -1.7% | £301pcm |
| April 2011 | -0.3% | £307pcm |
| April 2010 | -2.3% | £308pcm |
| April 2009 | -4.4% | £315pcm |
| April 2008 | 3.2% | £329pcm |
| April 2007 | 0% | £319pcm |
The last sale was on 31st May 2024 for £70,000 and since then the market in the area has increased by 4.7%. The postcode has had a total of 3 sales since 1995.
OL16 2EJ has seen 1 sale in the last three years and no sales in the last twelve months.
OL16 2EJ is the 448th largest and the 7th most expensive postcode out of the 981 postcodes in the OL16 area.
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The closest station to OL16 2EJ is Rochdale station which is 1.3 kilometres away.
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