Housing Market Analysis for RAKE LANE, M27 8LU

Are you looking to understand M27 8LU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Salford postcode.

For the location information and nearby amenities in the M27 8LU area, explore the M27 8LU Area information page.
For comprehensive crime statistics in the M27 8LU area, explore the M27 8LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the M27 8LU postcode area, The average prices are as follows,

  • Other
    • The average price is around £4,500,000 median price is £4,500,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £4,500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 1-3, JUNCTION BUSINESS PARK RAKE LANE: £4,500,000 (Sold on 08 May 2019)
    • The first recorded sale happened at this postcode is UNIT 1-3, JUNCTION BUSINESS PARK RAKE LANE: £4,500,000 (Sold on 08 May 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average M27 8LU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£4,500,0001

All the Sales in the RAKE LANE, M27 8LU

See the table below for more details on the sold house prices in the M27 8LU, Salford postcode.

AddressSold DatePrice% Change
UNIT 1-3, JUNCTION BUSINESS PARK RAKE LANEOther, Freehold08 May 2019£4,500,000First Sale

Check out the sold house prices near the M27 8LU postcode. Properties currently for saleProperties currently for rent

RAKE LANE, M27 8LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the M27 8LU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the M27 8LU postcode.

  • Terraced
    • The average price is around £85,313 median price is £84,950 Standard Deviation is £43,749 with Total Sold: 67
    • The Last 5 Year average price is £142,393 with Total Sold: 14
    • The most recent sale happened at this postcode is , 107 FALCON CRESCENT: £166,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 KESTREL AVENUE: £20,000 (Sold on 05 Jun 1995)
  • Semi-Detached
    • The average price is around £81,600 median price is £80,000 Standard Deviation is £44,540 with Total Sold: 93
    • The Last 5 Year average price is £139,839 with Total Sold: 22
    • The most recent sale happened at this postcode is , 32 FALCON CRESCENT: £157,000 (Sold on 16 Apr 2024)
    • The first recorded sale happened at this postcode is , 3 LUMNS LANE: £45,500 (Sold on 01 Sep 1995)
  • Other
    • The average price is around £2,756,000 median price is £1,800,000 Standard Deviation is £2,606,006 with Total Sold: 5
    • The Last 5 Year average price is £1,707,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 229 RAKE LANE: £242,000 (Sold on 04 Nov 2022)
    • The first recorded sale happened at this postcode is , CHLORIDE TECHNICAL & TRADING LTD CLIFTON INDUSTRIAL ESTATE: £6,950,000 (Sold on 13 Aug 2018)
  • Detached
    • The average price is around £185,005 median price is £175,000 Standard Deviation is £95,422 with Total Sold: 19
    • The Last 5 Year average price is £286,833 with Total Sold: 3
    • The most recent sale happened at this postcode is , 275 RAKE LANE: £513,000 (Sold on 22 Aug 2022)
    • The first recorded sale happened at this postcode is , 261 RAKE LANE: £140,000 (Sold on 09 Aug 2002)
  • Flat
    • The average price is around £59,238 median price is £56,000 Standard Deviation is £9,845 with Total Sold: 4
    • The Last 5 Year average price is £67,500 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 12, SUMBLAND HOUSE RAKE LANE: £60,000 (Sold on 12 Feb 2021)
    • The first recorded sale happened at this postcode is FLAT 8, SUMBLAND HOUSE RAKE LANE: £49,950 (Sold on 10 Nov 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,500 £2,536 2
2023£165,000 £2,230 1
2022£182,500 £2,223 2
2021£154,333 £2,024 3
2020£112,500 £1,364 2
2019£108,625 £1,384 4
2018£122,875 £1,471 4
2017£112,250 £1,290 4
2016£117,000 £1,858 2
2015£86,250 £1,016 2
2014£75,890 £1,061 5
2013£53,500 £750 2
2010£79,000 £787 2
2009£68,0001
2008£93,500 £1,524 3
2007£85,150 £1,159 3
2006£82,738 £1,036 4
2005£78,500 £973 2
2004£62,950 £818 1
2003£39,130 £575 5
2002£34,497 £425 3
2001£28,500 £413 1
1999£25,815 £203 3
1998£27,0001
1997£30,365 £442 3
1995£26,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£139,500 £2,033 2
2023£180,000 £2,169 1
2022£152,250 £2,003 6
2021£151,583 £1,944 6
2020£116,115 £1,482 4
2019£110,000 £1,545 3
2018£125,000 £1,736 1
2017£101,000 £1,359 3
2016£88,400 £1,118 2
2015£77,000 £978 2
2014£58,750 £690 2
2013£113,167 £1,130 3
2012£70,000 £562 2
2011£66,000 £937 2
2010£73,000 £986 1
2008£80,833 £808 3
2007£96,270 £1,168 5
2006£84,764 £1,026 7
2005£77,225 £919 4
2004£58,594 £863 5
2003£39,194 £472 8
2002£34,680 £475 2
2001£31,908 £412 6
2000£24,300 £299 3
1999£95,0001
1998£25,000 £343 2
1997£25,675 £291 4
1996£56,000 £636 1
1995£40,7502
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£242,000 £2,814 1
2021£288,000 £3,273 1
2019£3,150,0002
2018£6,950,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£513,000 £2,332 1
2019£173,750 £2,013 2
2017£145,772 £1,827 2
2016£151,000 £1,525 1
2015£259,950 £919 1
2013£179,000 £936 2
2010£210,000 £2,580 1
2009£175,0001
2008£249,995 £1,136 1
2007£166,975 £2,066 2
2005£130,075 £1,615 2
2004£112,500 £1,208 2
2002£140,000 £495 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£60,000 £1,429 1
2020£75,000 £1,744 1
2017£52,000 £963 1
2015£49,950 £1,162 1

House Type in M27 8LU area

The most common house types in the M27 8LU postcode area are Semi-detached (65), Terraced (44), and Detached (14).

Total128
Semi-detached65
Terraced44
Detached14
Flat4
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (33), and Owned: Owns outright (30).

Owned: Owns with a mortgage or loan33
Owned: Owns outright30
Social rented: Rents from council or Local Authority26
Social rented: Other social rented23
Private rented: Private landlord or letting agency15
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the M27 8LU have 2 people in household (49), and 1 person in household (35).

2 people in household49
1 person in household35
3 people in household22
4 people in household15
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0