Key indicators for buyers
The OL16 market is moderately favourable for buyers. Prices have softened (-19.2%), which could present a buying opportunity. Rising rents (£814/mo, +8.6%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Rochdale area
A home in Rochdale costs 6.1x the local median salary — moderate, improving from a peak of 6.4x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Rochdale area
Average monthly rent in Rochdale is £814, up 8.6% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Rochdale price of £187,350 with a 25% deposit (£47k), a 2-year fixed mortgage at 3.97% costs around £739 per month.
Monthly cost comparison based on current data
Uses OL16 avg. price with Rochdale rental data
Monthly mortgage payments (£739) are £75 less than renting (£814). However, buying requires an upfront deposit of £47k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
3, HARTLEY STREET, FIRGROVE OL16 3BB | Detached | £250,000 | 21 Jan 2026 |
52, PRINCESS ROAD OL16 4BA | Semi-detached | £118,000 | 19 Jan 2026 |
13, MILLVIEW LANE OL16 2BA | Terraced | £150,000 | 19 Jan 2026 |
80, ROYDS STREET OL16 5JS | Terraced | £118,000 | 19 Jan 2026 |
36, SOUTH STREET OL16 2ER | Terraced | £130,000 | 14 Jan 2026 |
12, COPPY BRIDGE DRIVE OL16 3AR | Terraced | £210,000 | 12 Jan 2026 |
321, ALBERT ROYDS STREET OL16 3AH | Semi-detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in OL16 sold for £187,350 in 2026, with a median of £160,000 across 10 transactions. Prices fell 19.2% compared to the previous year.
| £170,000 |
| 9 Jan 2026 |
3, JONES WAY OL16 4FX | Detached | £340,000 | 9 Jan 2026 |
42, BEALCROFT CLOSE, MILNROW OL16 3XD | Detached | £255,000 | 9 Jan 2026 |
7, BROADVIEW COURT, BROAD LANE OL16 4AH | Flat/Maisonette | £132,500 | 9 Jan 2026 |
268, ENTWISLE ROAD OL16 2LJ | Terraced | £178,000 | 22 Dec 2025 |
38A, CHURCH STILE OL16 1QE | Flat/Maisonette | £98,000 | 19 Dec 2025 |
APARTMENT 54, 1, SCHOFIELD CLOSE, MILNROW OL16 3DN | Flat/Maisonette | £105,000 | 19 Dec 2025 |
37, HURSTEAD ROAD, MILNROW OL16 3JS | Terraced | £142,000 | 19 Dec 2025 |
20, COOK STREET OL16 2LZ | Terraced | £138,500 | 19 Dec 2025 |
36, CHURCH ROAD OL16 5PU | Semi-detached | £75,000 | 19 Dec 2025 |
12, BELFIELD LANE OL16 3AY | Terraced | £120,000 | 19 Dec 2025 |
40A, SHAW ROAD OL16 4SH | Detached | £245,000 | 18 Dec 2025 |
90, BUERSIL AVENUE OL16 4TR | Terraced | £114,000 | 17 Dec 2025 |
16, HALLCROFT GARDENS, MILNROW OL16 4HH | Terraced | £165,000 | 16 Dec 2025 |
The most recent recorded sale in OL16 was a detached property on Hartley Street for £250,000 in January 2026. Across the last 20 sales, the median price was £142,000.