Rochdale

Area Guide For Rochdale

Rochdale is a large market town in Greater Manchester, England. It lies amongst the foothills of the Pennines on the River Roch, 5.3 miles (8.5 km) north-northwest of Oldham, and 9.8 miles (15.8 km) north-northeast of the city of Manchester. Rochdale is surrounded by several smaller settlements which together form the Metropolitan Borough of Rochdale, population 206,500. Rochdale is the largest settlement and administrative centre, with a total population of 95,796. Historically a part of Lancashire, Rochdale's recorded history begins with an entry in the Domesday Book of 1086 under Recedham Manor. The ancient parish of Rochdale was a division of the hundred of Salford and one of the largest ecclesiastical parishes in England comprising several townships. By 1251, Rochdale had become important enough to have been granted a Royal charter. Subsequently, Rochdale flourished into a centre of northern England's woollen trade, and by the early 18th century was described as being "remarkable for many wealthy merchants". Rochdale rose to prominence during the 19th century as a major mill town and centre for textile manufacture during the Industrial Revolution. It was a

 
 

Rochdale Map

Estimated Price: £142,162
Average Asking Price: £184,302
Price change in last one year: £7,985
Average Price Paid: £126,529
Average Rent Rates: £591

 
 

Property Prices Breakdown in Rochdale

Average Price for property in Rochdale is around £142,162 which varies based on type of property you are interested in and ranges from £253,230 for detached house to around £132,826 for semi-detached. Similarly terraced house is around £95,816 and a flat is worth £116,472. Values have been changing and have risen £18 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £79 in last 6 months, £7,985 in last 1 year, £14,244 in last 2 years, £16,115 in last 3 years, £11,388 in last 4 years and £8,728 in last 5 years.

Currently average asking price of a property in Rochdale is around £184,302 based on approximately 1,127 properties for sale. Same is the case with rental options based on 232 properties up for rent, average asking rent is around £591 per month.

Estimated property value in Rochdale is £142,162. Average asking price is £184,302 while average price paid is £134,316 which is up by £7,985 and Avg. asking rent £591.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 Rochdale area. In last 1 year alone average price buyer paid is around £134,316 based on approximately 1,127 sales in Rochdale area alone. If you compare it to last 3 years sales of 3,183 properties where buyers paid around £128,850. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £126,529 for 5,096 and average amount paid for purchase of approx. 7,173 properties sold in last 7 years comes to about £127,495 per sale.

 
 

Properties For Sale in Rochdale

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £104,003, £94,872 for a 2 bedroom house, £146,777 for a 3 bedroom house, £260,074 for a 4 bedroom house and £423,091 for a 5 bedroom house. For a flat similarly the prices varies from £78,582 for a single bedroom to £100,042 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £204,962. To sum up the asking prices for properties in Rochdale it comes to around average £89,285 for 1 bedroom property, £95,463 for 2 bedroom, £147,258 for 3 bedroom, £260,074 for 4 bedroom and £423,091 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £359 for 1 bedroom to £468 for 2 bedrooms, £534 for 3 bedrooms, £886 for 4 bedrooms and £2,249 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £385. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £509 and £559 for 3 bedroom. You should be generally be expecting around average £377 rent per month for single bedroom property, £477 for 2 bedroom, £535 for 3 bedroom, £886 for 4 bedroom and approximately £2,249 for a 5 bedroom property in Rochdale area.

Popular Houses in Rochdale

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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