Values have been changing and have risen £82 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,103 in last 6 months, £5,733 in last 1 year, £11,005 in last 2 years, £12,175 in last 3 years, £8,827 in last 4 years and £4,474 in last 5 years.
Currently average asking price of a property in Drake Street, Rochdale, OL16 is around £144,836 based on approximately 0 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £518 per month.
Estimated property value in Drake Street, Rochdale, OL16 is £133,402. Average asking price is £144,836 while average price paid is £64,950 which is up by £12,175 and Avg. asking rent £518.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Drake Street, Rochdale, OL16 area. In last 3 years alone average price buyer paid is around £64,950 based on approximately 1 sales in Drake Street, Rochdale, OL16 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £96,170. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £105,141 for 6 per sale.