 Recorded originally as Watergate and Waterhead Milne , it was for a long time a hamlet in the parish of Oldham that formed a significant part of the Oldham Above Town registration sub @-@ district . Derker was recorded as a place of residence in 1604 with the name <unk> . <unk> by <unk> to the north , Derker is the location of Derker railway station and , said to have terraced <unk> " unsuited to modern needs " , is currently being redeveloped as part of the Housing Market <unk> Initiative . 
