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Registered Address: 2 Leman St, London E1 8FA
OL16 5JEHouse Prices / North West, Rochdale, Lock Mill Place
Last updated May 2026
Key Postcode Insights
OL16 5JE is a residential postcode situated on Lock Mill Place, Rochdale, OL16 with 7 addresses.
It ranks as the 306th largest and 418th most expensive of the 981 postcodes in the OL16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
Key Postcode Insights
OL16 5JE is a residential postcode situated on Lock Mill Place, Rochdale, OL16 with 7 addresses.
It ranks as the 306th largest and 418th most expensive of the 981 postcodes in the OL16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
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House Pricesin OL16 5JE
Sale prices range from £158,139 for 3 bedroom freehold houses with a garden (990 ft2) to £182,053 for 4 bedroom leasehold houses with a garden (1,323 ft2) .
Monthly rental prices range from £1,024 pcm for 3 bed houses to £1,084 pcm for 4 bed houses.
The gross rental yield is between 7.1% and 7.8%.
The average value per square foot is £160.
Average Sale Value
£164,971
Average Rental Value
£1,041 pcm
Average Rental Yield
7.6% /year
Average Value Per Sqft
£160 /ft2
Sales Market Trendsin OL16 5JE
The current average value in the postcode is £164,971.
The OL16 5JE Sales Market has increased by 89.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.4% | £164,971 |
| April 2025 | 3.7% | £156,558 |
| April 2024 | 4.5% | £150,979 |
| April 2023 | 4.8% | £144,414 |
| April 2022 | 13.8% | £137,776 |
| April 2021 | 14.4% | £121,116 |
| April 2020 | 3.2% | £105,909 |
| April 2019 | 3.6% | £102,600 |
| April 2018 | 9.9% | £99,081 |
| April 2017 | 3.8% | £90,159 |
| April 2016 | 2% | £86,855 |
| April 2015 | 2.1% | £85,133 |
| April 2014 | 1.8% | £83,384 |
| April 2013 | 1.3% | £81,897 |
| April 2012 | -3.2% | £80,814 |
| April 2011 | -4.9% | £83,464 |
| April 2010 | 1.4% | £87,743 |
| April 2009 | -14.7% | £86,515 |
| April 2008 | 0.9% | £101,452 |
| April 2007 | 0% | £100,582 |
Rental Market Trendsin OL16 5JE
The current average rental value in the postcode is £1,041.
The OL16 5JE Rental Market has increased by 106.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5% | £1,041pcm |
| April 2025 | 8.9% | £991pcm |
| April 2024 | 14.6% | £910pcm |
| April 2023 | 11.1% | £794pcm |
| April 2022 | 11% | £715pcm |
| April 2021 | 9.8% | £644pcm |
| April 2020 | 6.1% | £586pcm |
| April 2019 | 2.4% | £552pcm |
| April 2018 | 2.9% | £539pcm |
| April 2017 | 4% | £524pcm |
| April 2016 | 3.8% | £504pcm |
| April 2015 | 1.6% | £485pcm |
| April 2014 | 1.9% | £478pcm |
| April 2013 | 0.7% | £469pcm |
| April 2012 | -1.9% | £466pcm |
| April 2011 | -0.6% | £475pcm |
| April 2010 | -0.8% | £478pcm |
| April 2009 | -3.2% | £482pcm |
| April 2008 | 4.1% | £497pcm |
| April 2007 | 0% | £478pcm |
Explore Propertiesin OL16 5JE, Lock Mill Place, Rochdale, OL16
Nearby Postcodesto OL16 5JE
OL16 5JE is the 306th largest and the 418th most expensive postcode out of the 981 postcodes in the OL16 area.
- 46 mOL16 5JD, Millbridge Gardens, Rochdale, OL16OL16 5JD6 Addresses
- 65 mOL16 5JB, Woodbine Street, Rochdale, OL16OL16 5JB34 Addresses
- 103 mOL16 5JF, Navigation View, Rochdale, OL16OL16 5JF6 Addresses
- 113 mOL16 5JP, Franklin Street, Rochdale, OL16OL16 5JP14 Addresses
- 113 mOL16 5JT, Elder Street, Rochdale, OL16OL16 5JT28 Addresses
- 140 mOL16 5JX, Moss Mill Street, Rochdale, OL16OL16 5JX21 Addresses
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Property Typesin OL16 5JE
- 1 modern house built after 1980
- 6 other addresses of unknown type
- modern house (1)
- Unknown (6)
Energy Efficiencyof properties in OL16 5JE
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (6)
Schools Nearbyto OL16 5JE
The nearest primary school to OL16 5JE is Deeplish Primary Academy which is 352 metres away.
- 352mDeeplish Primary Academy
- 375mLowerplace Primary School
- 443mSt Peter's Church of England Primary School
The nearest secondary school is Kingsway Park High School which is 621 metres away.
- 621mKingsway Park High School
- 2.0kmSt Cuthbert's Roman Catholic High School, a Voluntary Academy
- 2.5kmFalinge Park High School
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Public Transport Nearbyto OL16 5JE
The closest station to OL16 5JE is Rochdale station which is 600 metres away.
- 603mRochdale
- 2.8kmCastleton (Manchester)
- 3.5kmSmithy Bridge
- 5.2kmLittleborough
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