OL16 house prices & rental yield

Postcode district in the OL postcode area

General / family area · 17.0km from The University of Salford

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Looking for a property valuation in OL16? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£260k
UK avg £340k
Average rent (pcm)
£1,028
UK avg £1,275
Gross rental yield
4.7%
5% above UK avg
Net yield (estimated)
3.6%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
0
100% below UK avg
Short-term let activity (Rochdale)
#313 of 318

Summary

OL16 has a gross rental yield of 4.7%, 5% above the UK average, ranking #7 of 16 OL postcode districts by yield.

Gross yield trend

-0.4pp since Jul
Jul: 6.2% 6.2% Jul Aug: 6.0% 6.0% Aug Sep: 5.9% 5.9% Sep Oct: 5.7% 5.7% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

OL16 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £165k £1,683 — 2 / 1
1 £120k £850 — 4 / 4
2 £175k £975 6.7% 38 / 19
3 £250k £1,275 6.1% 57 / 20
4 £430k £3,500 — 27 / 1
5+ £575k — — 11 / 0

Nearby OL postcode districts, by yield

DistrictAvg buyAvg rentYield
OL8 £232k £1,290 6.7% Compare
OL13 £210k £900 5.1% Compare
OL10 £240k £1,022 5.1% Compare
OL14 £260k £1,100 5.1% Compare
OL9 £265k £1,098 5.0% Compare
OL6 £230k £925 4.8% Compare
OL5 £240k £898 4.5% Compare
OL12 £262k £975 4.5% Compare
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