House prices in OL12 (Rochdale)

Price per square metre data and charts to help you understand the housing market in OL12 - stats were last calculated on 01 December 2025.

Defining 'OL12'

This analysis is limited to properties whose postcode starts with "OL12", this is also called the postcode district. There are no official postcode district names so I've just labelled it OL12, Rochdale. It is shown in red on the map below.

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You can click on the map above to change to a neighbouring district, or you can use the search form below.

Price per square metre

Knowing the average house price in OL12 is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

For example in October 2025, 3, Holt Street, Rochdale, OL12 8AE sold for £190,000. Given the internal area of 78 square metres recorded on the EPC, the price per sqm is £190,000 ÷ 78 sqm = £2,435.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-). It is a huge pain to code the automatic conversion for square meters to square feet for all the graphs and charts on OL12 and elsewhere. All the conditionals turn my tidy code for into spaghetti. I will get around to it at some point, but for now you can just divide everything by 10 in your head, move a decimal place and you'll be close enough. If you want to be more precise 1 sqm = 10.76391 sqft.

Distribution of £ per sqm for houses vs flats in OL12

The chart above is called a histogram, it helps you see the distribution of house price per sqm in OL12 To make this chart we put all the sales data into a series of £ per sqm 'buckets' (e.g. £2,350 to £2,500, £2,500 to £2,650, £2,650 to £2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 1,043 sales that took place in OL12, in the last 24 months.

Generate a custom histogram like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in OL12, Rochdale. Notably, only 25% of properties that sold recently were valued at more than £2,850 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of OL12 homes.

Box plot of £ per sqm for OL12

Tip: click on the chart to see the values.

The chart above is called a boxplot (or a box-and-whisker plot). Box plots, like histograms, are used to graphically represent the distribution of data, showing the central tendency, spread of the distribution. In the context of £ per square metre property price distributions, box plots represent the variation in property prices within a geographic area e.g. Rochdale. The chart above shows a boxplot for 'OL12' as well as the 'OL' postcode area.

  • Median: The horizontal line inside the box represents the median (£ per square meter). This is the midpoint of the data, meaning 50% of the prices are below this value, and 50% are above. The middle price per square metre in 'OL12' is £2,250.
  • Interquartile Range (IQR): The box spans from the 25th percentile (Q1) to the 75th percentile (Q3). This is the range where the middle 50% of the data lies, giving a good indication of the typical price spread. Of the 1,043 transactions in OL12, Rochdale half were sold for between £1,740 and £2,850 per square metre.
  • Whiskers: In our case, the whiskers extend from the 9th percentile (at the lower end) to the 91st percentile (at the upper end), This provides a slightly broader view of the distribution by including the middle 82% of records. The whiskers capture most of the variation but exclude extreme outliers caused by data errors in recording sold house prices or internal area.
  • 'n=' is the number of property transactions the box plot is based on; 1,043 for OL12, Rochdale.

    • Property price map for Rochdale

    Have a look at the interactive price map I created for myself. Use it to explore 'OL12' house prices all the way down to individual property plots.

    Property price heatmap for Rochdale
    House price map for Rochdale

    Will OL12 house prices drop in 2025?

    House prices in OL12 grew 2.2% in the last year, -1.6% after inflation. Whether or not this trend will continue depends on many factors, such as wage growth, net migration, interest rates and the level of house building. No one can predict these things with certainty however we can plot the historic trends in house prices in OL12 (Rochdale) compared with the wider postcode area 'OL'.You can extrapolate from this based on your own views.

    House price index for OL12

    Tip: click on the legend items to show/hide different lines

    Download house price index as CSV (premium users only).

    The chart above shows changes in 'OL12' property prices over the last 20 years. The index is calculated from the average price paid per sqm for property in OL12 and is set to 100 in 2004. The chart compares trends for OL12, Rochdale against those of the broader postcode area 'OL'. What is more interesting is to look at the difference between flats and houses, even those in the same area follow a very different trend, to get a robust enough sample size to see this we need to zoom out and look at house price trends for the entire Rochdale local authority.

    The dashed lines show nominal house price changes, the solid lines show the same data adjusted for inflation. Economists call this the 'real' price change. You have to take inflation into account when comparing prices over time. It's calculated using the formula:

    Real Rate of Return = (1 + Nominal Rate) ÷ (1 + Inflation Rate) – 1
    In this formula, the nominal rate is the rate of change before any adjustments, and the inflation rate is taken from the Consumer Price Index. The real rate of return is a more accurate measure of change in value, because £1 today does not have the same buying power as £1 in the past. For example, if a savings account pays an interest rate of 3% per year and the inflation rate is 5% per year, the real rate of return is -2%. This means that the investment's value is shrinking by 2% each year.

    Historic returns for OL12
    OL area OL12 district
    Nominal Real Nominal Real
    20 yr per annum 3.6% 0.8% 2.7% -0.1%
    20 yr total 102.6% 17.4% 70.4% -1.2%
    10 yr per annum 5.6% 2.4% 5.4% 2.2%
    10 yr total 73.2% 27.2% 69.2% 24.2%
    5 yr per annum 6.7% 2.1% 6.0% 1.4%
    5 yr total 38.6% 11.1% 33.7% 7.2%
    1 yr per annum 5.1% 1.2% 2.2% -1.6%
    1 yr total 5.1% 1.2% 2.2% -1.6%

    This table complements the house price index chart above, presenting the data in a more detailed format. It breaks down the information into 20-year, 10-year, 5-year, and 1-year periods, further categorized by property type. For each period, we display both a per annum rate of change and a total rate of change.

    The total rate of change represents the overall change over the entire period. The formula for total return is:

    Total return = (Index at end of period ÷ Index at start of period) - 1

    The per annum rate of change is the annualized rate of change over the period. This is equivalent to the annual bank savings rate you would need to achieve the same total return over the given period. This annualized return is also known as the Compound Annual Growth Rate (CAGR). The formula for CAGR is:

    CAGR = (1 + Total return) ^ (1 ÷ Number of years) - 1

    Some specific examples:

    • Over the past 20 years, OL area have seen a 0.8% annual change when adjusted for inflation. This translates to a total change of 17.4% in real terms.
    • Over the past 5 years, OL area have seen a 2.1% annual change when adjusted for inflation. This translates to a total change of 11.1% in real terms.

    Most recent OL12 sales

    For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

    Tip: hover over dots to see details

    Street level data

    Street Avg size Avg £sqm Recent sales
    Tonacliffe Road, , OL12 8S 111 sqm £2,284 19
    Market Street, , OL12 8Q 102 sqm £1,289 18
    Birch Road, , OL12 9Q 81 sqm £2,176 17
    Ramsden Road, , OL12 9N 98 sqm £1,695 14
    Market Street, , OL12 8R 95 sqm £1,651 13
    Great Howarth, , OL12 9H 74 sqm £1,237 13
    Wasp Mill Drive, , OL12 9B 90 sqm £2,338 13
    Park Road, , OL12 9B 88 sqm £1,700 12

    Search for your street here.

    Nearby geographies

    The table below shows how 'OL12' compares to the other postcode districts nearby 'OL12'.

    District Lower quartile Median Upper quartile Sales in last 2yr
    OL9 Chadderton £1,860 sqm £2,320 sqm £2,900 sqm 811
    OL8 Oldham £1,540 sqm £1,990 sqm £2,500 sqm 609
    OL7 Ashton-Under-Lyne £1,860 sqm £2,220 sqm £2,790 sqm 355
    OL6 Ashton-Under-Lyne £1,920 sqm £2,370 sqm £2,960 sqm 702
    OL5 Mossley £2,160 sqm £2,640 sqm £3,060 sqm 365
    OL4 Oldham £1,780 sqm £2,360 sqm £2,990 sqm 896
    OL3 Greenfield £2,940 sqm £3,450 sqm £3,980 sqm 430
    OL2 Royton £2,070 sqm £2,630 sqm £3,190 sqm 1,187
    OL16 Rochdale £1,790 sqm £2,240 sqm £2,780 sqm 739
    OL15 Littleborough £2,020 sqm £2,440 sqm £3,020 sqm 447

    Raw data

    Our analysis of OL12 is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

    Address Paid sqm £/sqm
    3, Holt St, £190,000
    Oct-2025
    		 78 2,435
    11, Bernard St, £195,000
    Oct-2025
    		 114 1,710
    10, Ullswater Avenue, £170,000
    Oct-2025
    		 137 1,240

    See the entire list of all sales in OL12 here.

    About

    I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.