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Registered Address: 2 Leman St, London E1 8FA
OL16 4EDHouse Prices / North West, Rochdale, Schofield Street
Last updated May 2026
Key Postcode Insights
OL16 4ED is a residential postcode situated on Schofield Street, Milnrow, Rochdale, OL16 with 4 addresses.
It ranks as the 183rd largest and 603rd most expensive of the 981 postcodes in the OL16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
4
Properties
- Houses
- Flats
Key Postcode Insights
OL16 4ED is a residential postcode situated on Schofield Street, Milnrow, Rochdale, OL16 with 4 addresses.
It ranks as the 183rd largest and 603rd most expensive of the 981 postcodes in the OL16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
4
Properties
- Houses
- Flats
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House Pricesin OL16 4ED
Sale prices range from £122,392 for 2 bedroom leasehold flats (462 ft2) to £279,593 for 4 bedroom freehold houses with a garden (1,668 ft2) .
Monthly rental prices range from £834 pcm for 2 bed flats to £1,413 pcm for 4 bed houses.
The gross rental yield is between 6.1% and 8.2%.
The average value per square foot is £204.
Average Sale Value
£191,932
Average Rental Value
£1,095 pcm
Average Rental Yield
6.8% /year
Average Value Per Sqft
£204 /ft2
Sales Market Trendsin OL16 4ED
The last sale in OL16 4ED sold for £175,000 on 19th September 2016. Since then prices are up an average of 54.1%.
The current average value in the postcode is £191,932.
The OL16 4ED Sales Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £191,932 |
| April 2025 | 0.7% | £188,641 |
| April 2024 | 3.5% | £187,374 |
| April 2023 | 4.3% | £180,954 |
| April 2022 | 10% | £173,492 |
| April 2021 | 12.1% | £157,754 |
| April 2020 | 2% | £140,755 |
| April 2019 | 1.5% | £138,006 |
| April 2018 | 7.5% | £135,922 |
| April 2017 | 3.1% | £126,438 |
| April 2016 | 1.7% | £122,673 |
| April 2015 | 2.1% | £120,581 |
| April 2014 | 1.8% | £118,128 |
| April 2013 | 2.8% | £116,021 |
| April 2012 | -2.1% | £112,888 |
| April 2011 | -3.7% | £115,344 |
| April 2010 | 2.8% | £119,743 |
| April 2009 | -14.6% | £116,440 |
| April 2008 | -0.8% | £136,416 |
| April 2007 | 0% | £137,447 |
Rental Market Trendsin OL16 4ED
The current average rental value in the postcode is £1,095.
The OL16 4ED Rental Market has increased by 69.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £1,095pcm |
| April 2025 | 5.5% | £1,080pcm |
| April 2024 | 13.7% | £1,023pcm |
| April 2023 | 9.8% | £900pcm |
| April 2022 | 7.2% | £819pcm |
| April 2021 | 7.6% | £764pcm |
| April 2020 | 4.4% | £710pcm |
| April 2019 | 1.3% | £680pcm |
| April 2018 | 0.5% | £671pcm |
| April 2017 | 3.5% | £668pcm |
| April 2016 | 3.4% | £646pcm |
| April 2015 | 1.9% | £625pcm |
| April 2014 | 1.1% | £613pcm |
| April 2013 | 1.7% | £607pcm |
| April 2012 | -0.8% | £597pcm |
| April 2011 | 1.8% | £601pcm |
| April 2010 | 0.2% | £591pcm |
| April 2009 | -3.1% | £590pcm |
| April 2008 | 1.6% | £609pcm |
| April 2007 | 0% | £599pcm |
Properties and Buildingsin OL16 4ED, Schofield Street, Milnrow, Rochdale, OL16
- Garden Cottage, Schofield Street, Rochdale, OL16 4ED4 bed period house
- Garden House, Schofield Street, Rochdale, OL16 4ED
- 1, Schofield Street, Milnrow, Rochdale, OL16 Modern building 2 units
Sales Historyin OL16 4ED
The last sale was on 19th September 2016 for £175,000 and since then the market in the area has increased by 54.1%. The postcode has had a total of 3 sales since 1995.
OL16 4ED has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto OL16 4ED
OL16 4ED is the 183rd largest and the 603rd most expensive postcode out of the 981 postcodes in the OL16 area.
- 29 mOL16 4JE, Newhey Road, Milnrow, Rochdale, OL16OL16 4JE20 Addresses
- 61 mOL16 3PS, Newhey Road, Milnrow, Rochdale, OL16OL16 3PS17 Addresses
- 66 mOL16 4EE, Hardman Street, Milnrow, Rochdale, OL16OL16 4EE9 Addresses
- 66 mOL16 3PR, Royds Street, Milnrow, Rochdale, OL16OL16 3PR20 Addresses
- 87 mOL16 3PP, Heaton Street, Milnrow, Rochdale, OL16OL16 3PP14 Addresses
- 106 mOL16 4EB, Ladyhouse Close, Milnrow, Rochdale, OL16OL16 4EB43 Addresses
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Property Typesin OL16 4ED
- 1 period house built between 1800 and 1911
- 2 modern flats built after 1980
- 1 other address of unknown type
- period house (1)
- modern flat (2)
- Unknown (1)
Energy Efficiencyof properties in OL16 4ED
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Saleson Schofield Street
Schools Nearbyto OL16 4ED
The nearest primary school to OL16 4ED is Newhey Community Primary School which is 566 metres away.
- 566mNewhey Community Primary School
- 779mSt Thomas' Church of England Primary School
- 800mMilnrow Parish Church of England Primary School
The nearest secondary school is Hollingworth Academy which is 433 metres away.
- 433mHollingworth Academy
- 2.3kmKingsway Park High School
- 2.6kmThe Crompton House Church of England Academy
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Public Transport Nearbyto OL16 4ED
The closest station to OL16 4ED is Smithy Bridge station which is 3.2 kilometres away.
- 3.2kmSmithy Bridge
- 3.3kmRochdale
- 4.3kmLittleborough
- 5.1kmCastleton (Manchester)
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