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Rochdale House Prices Rochdale House Prices

The average house price in Rochdale is £172,303 using HM Land Registry data.

The average property price increased by £61,200 (39.62%) over the last 5 years and increased by £12,234 (6.01%) over the last 12 months.

Over the last year, there were 804 residential property sales – a decrease of 399 transactions (-49.63%) relative to the previous year. The majority of house sales (197) were in the £140,000 - £190,000 range. Then came properties in the £90,000 - £140,000 range, where 194 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,851 (-2%).

In June 2024, there were 116 new estate agency instructions, 112 agreed home sales and 75 property price reductions.

Neighbouring Areas: Whitworth, Littleborough, Milnrow, Heywood, Royton

Postcodes Covered: OL10, OL11, OL12, OL16

5-Year Average Property Prices in Rochdale

39.62%

Property prices in Rochdale increased by 39.62% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Rochdale Over the Last Year

6.01%

Property prices in Rochdale increased by 6.01% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Rochdale - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Rochdale

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Rochdale

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Rochdale

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Rochdale since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Rochdale area since 1995.

Recent Property Sales in Rochdale

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Culvert Street, Rochdale, Greater Manchester, OL16 4RG£109,950£106,000-£3,95028 Nov 202313 May 2024167 Days
3 Blacksmith Lane, Rochdale, Greater Manchester, OL11 4NT£365,000£365,000£0025 Jan 202410 May 2024106 Days
1 Wardle Gardens, Rochdale, Greater Manchester, OL12 9EP£185,000£185,000£0016 Jan 202403 May 2024108 Days
659 Halifax Road, Rochdale, Greater Manchester, OL12 9QZ£160,000£155,000-£5,00023 Jan 202403 May 2024101 Days
27 Edwin Waugh Gardens, Rochdale, Greater Manchester, OL12 6NH£150,000£150,000£0011 Jan 202403 May 2024113 Days
7 Harwin Close, Rochdale, Greater Manchester, OL12 7UY£300,000£290,000-£10,00018 Jan 202426 Apr 202499 Days
14 Wellbank View, Rochdale, Greater Manchester, OL12 7QZ£350,000£350,000£0019 Jan 202426 Apr 202498 Days
66 Shawclough Way, Rochdale, Greater Manchester, OL12 6DS£240,000£235,000-£5,00004 Jan 202426 Apr 2024113 Days
11 Whitemoss, Rochdale, Greater Manchester, OL12 7GF£220,000£215,000-£5,00013 Dec 202326 Apr 2024135 Days
7 St Marys Close, Rochdale, Greater Manchester, OL16 4XT£185,000£175,000-£10,00025 Oct 202326 Apr 2024184 Days
82 Hill Top Drive, Rochdale, Greater Manchester, OL11 2RL£145,000£140,000-£5,00031 Oct 202326 Apr 2024178 Days
66 Elmsfield Avenue, Rochdale, Greater Manchester, OL11 5XN£240,000£230,000-£10,00003 Nov 202326 Apr 2024175 Days
26 Hawthorn Road, Rochdale, Greater Manchester, OL11 5JQ£325,000£315,000-£10,00028 Oct 202325 Apr 2024180 Days
575 Edenfield Road, Rochdale, Greater Manchester, OL11 5XH£185,000£185,000£0006 Dec 202325 Apr 2024141 Days
36 Spotland Tops, Rochdale, Greater Manchester, OL12 7NY£139,950£132,000-£7,95006 Feb 202422 Apr 202476 Days
9 Hillside Walk, Rochdale, Greater Manchester, OL12 6EB£199,950£195,000-£4,95006 Feb 202419 Apr 202473 Days
115 Shelfield Lane, Rochdale, Greater Manchester, OL11 5XZ£270,000£267,500-£2,50022 Jul 202319 Apr 2024272 Days
33 Beechfield, Rochdale, Greater Manchester, OL11 5PA£420,000£400,000-£20,00015 Jan 202419 Apr 202495 Days
16 Passmonds Crescent, Rochdale, Greater Manchester, OL11 5AW£225,000£225,000£0008 Aug 202319 Apr 2024255 Days
6 Belgrave Street, Rochdale, Greater Manchester, OL12 7BY£142,000£132,000-£10,00011 Dec 202316 Apr 2024127 Days

Most Expensive Streets in Rochdale

PostcodeStreetAreaAverageNo. of Sales
OL11 5QRFurbarn RoadRochdale£729,3333
OL11 5LWBroadhalgh AvenueRochdale£701,0005
OL11 4DTEton CloseRochdale£635,0003
OL11 5DZPargate ChaseRochdale£631,6666
OL11 4AUBury RoadRochdale£625,1669
OL12 7HXLowerfold WayRochdale£590,7663
OL11 5YQGreenview DriveRochdale£574,8005
OL11 4AERipon CloseRochdale£561,4287
OL11 5QSNorford WayRochdale£518,0559
OL11 5NHNorthdene DriveRochdale£505,0004

Least Expensive Streets in Rochdale

PostcodeStreetAreaAverageNo. of Sales
OL12 9SGHenderson StreetRochdale£50,6503
OL12 0RLLaurie PlaceRochdale£56,9163
OL11 5DYSandy LaneRochdale£61,3333
OL12 9ANAsh CloseRochdale£64,3333
OL11 1PBPike StreetRochdale£65,5006
OL11 3PRHenley TerraceRochdale£65,6254
OL16 2JUKellett StreetRochdale£65,6746
OL11 1SUStoneyvale CourtDicken Green Lane£68,0004
OL12 6SFEast ViewRochdale£68,2374
OL12 6QAMolyneux StreetRochdale£68,3663

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