OL16 4JE is a residential postcode situated on Newhey Road, Milnrow, Rochdale, OL16 with 20 addresses.
It ranks as the 676th largest and 252nd most expensive of the 981 postcodes in the OL16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 20 properties: 17 houses and 3 flats.
OL16 4JE is a residential postcode situated on Newhey Road, Milnrow, Rochdale, OL16 with 20 addresses.
It ranks as the 676th largest and 252nd most expensive of the 981 postcodes in the OL16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 20 properties: 17 houses and 3 flats.
Sale prices range from £59,269 for 2 bedroom leasehold flats (290 ft2) to £183,199 for 4 bedroom leasehold houses with a garden (1,668 ft2) .
Monthly rental prices range from £522 pcm for 2 bed flats to £1,090 pcm for 4 bed houses.
The gross rental yield is between 7.1% and 10.6%.
The average value per square foot is £160.
The last sale in OL16 4JE sold for £170,000 on 18th March 2025. Since then prices are up an average of 3.5%.
The current average value in the postcode is £126,039.
The OL16 4JE Sales Market has increased by 64.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £126,039 |
| April 2025 | 1.3% | £122,625 |
| April 2024 | 3.6% | £121,046 |
| April 2023 | 4.8% | £116,823 |
| April 2022 | 11.1% | £111,525 |
| April 2021 | 12.7% | £100,383 |
| April 2020 | 2.1% | £89,061 |
| April 2019 | 1.9% | £87,225 |
| April 2018 | 8.2% | £85,621 |
| April 2017 | 3.3% | £79,131 |
| April 2016 | 1.7% | £76,615 |
| April 2015 | 2.1% | £75,308 |
| April 2014 | 1.8% | £73,728 |
| April 2013 | 2.7% | £72,447 |
| April 2012 | -2.6% | £70,511 |
| April 2011 | -4.1% | £72,375 |
| April 2010 | 2.2% | £75,433 |
| April 2009 | -14.7% | £73,788 |
| April 2008 | -0.4% | £86,499 |
| April 2007 | 0% | £86,861 |
The current average rental value in the postcode is £850.
The OL16 4JE Rental Market has increased by 78.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £850pcm |
| April 2025 | 6.2% | £830pcm |
| April 2024 | 13.8% | £782pcm |
| April 2023 | 10.3% | £687pcm |
| April 2022 | 8.3% | £623pcm |
| April 2021 | 8.2% | £575pcm |
| April 2020 | 4.6% | £532pcm |
| April 2019 | 1.7% | £508pcm |
| April 2018 | 1.1% | £500pcm |
| April 2017 | 3.7% | £495pcm |
| April 2016 | 3.4% | £477pcm |
| April 2015 | 1.9% | £462pcm |
| April 2014 | 1% | £453pcm |
| April 2013 | 1.7% | £448pcm |
| April 2012 | -1.2% | £441pcm |
| April 2011 | 1.4% | £446pcm |
| April 2010 | -0.4% | £440pcm |
| April 2009 | -3.2% | £442pcm |
| April 2008 | 2% | £457pcm |
| April 2007 | 0% | £448pcm |
The last sale was on 18th March 2025 for £170,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 32 sales since 1995.
OL16 4JE has seen 1 sale in the last three years and no sales in the last twelve months.
OL16 4JE is the 676th largest and the 252nd most expensive postcode out of the 981 postcodes in the OL16 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around OL16 4JE, 42.9% of property is privately rented and 29.5% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around OL16 4JE, 12.7% of residents are recorded as possessing school level qualifications and 23.8% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around OL16 4JE, the average age was 41.5 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around OL16 4JE, 1.2% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around OL16 4JE, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.