Housing Market Analysis for RAKE LANE, M27 8RD

Are you looking to understand M27 8RD 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 8RD area, explore the M27 8RD Area information page.
For comprehensive crime statistics in the M27 8RD area, explore the M27 8RD Crime Rates page.

Overview of Sold House prices

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

Semi-Detached
- The average price is around £87,395 median price is £85,000 Standard Deviation is £48,366 with Total Sold: 19
- The Last 5 Year average price is £172,167 with Total Sold: 3
- The most recent sale happened at this postcode is 149 RAKE LANE: £190,000 (Sold on 14 Mar 2023)
- The first recorded sale happened at this postcode is 139 RAKE LANE: £52,000 (Sold on 05 Feb 1997)
Detached
- The average price is around £69,782 median price is £70,000 Standard Deviation is £21,787 with Total Sold: 4
- The most recent sale happened at this postcode is 175 RAKE LANE: £93,000 (Sold on 11 Jul 2008)
- The first recorded sale happened at this postcode is 175 RAKE LANE: £50,000 (Sold on 29 Oct 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average M27 8RD 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£190,000	£2,568	1
2021	£192,500	£2,711	1
2020	£134,000	£1,489	1
2016	£112,750	£1,187	2
2015	£105,000	£1,382	1
2007	£124,000	£1,216	1
2006	£98,500		1
2005	£85,000	£833	1
2003	£82,250	£866	2
2002	£44,500		1
2001	£59,000		1
2000	£42,500	£431	3
1998	£29,250		2
1997	£52,000		1

House Type: Detached

Year	Avg. Price	Sold
2008	£93,000	1
2004	£46,126	1
2002	£90,000	1
2001	£50,000	1

All the Sales in the RAKE LANE, M27 8RD

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

Address	Sold Date	Price	% Change
149 RAKE LANESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	14 Mar 2023	£190,000	First Sale
143 RAKE LANESemi-Detached, LeaseholdArea: 71 Sq.mtrAge: 1930-1949	15 Oct 2021	£192,500	First Sale
159 RAKE LANESemi-Detached, LeaseholdArea: 90 Sq.mtrAge: 1930-1949	14 Oct 2020	£134,000	First Sale
163 RAKE LANESemi-Detached, LeaseholdArea: 95 Sq.mtrAge: 1930-1949	31 Aug 2016	£128,500	First Sale
157 RAKE LANESemi-Detached, LeaseholdArea: 95 Sq.mtrAge: 1930-1949	12 Feb 2016	£97,000	30.20%
	29 Aug 2003	£74,500	First Sale
131 RAKE LANESemi-Detached, LeaseholdArea: 76 Sq.mtrAge: 1930-1949	16 Oct 2015	£105,000	First Sale
175 RAKE LANEDetached, Leasehold	11 Jul 2008	£93,000	86.00%
175 RAKE LANEDetached, Leasehold	29 Oct 2001	£50,000	First Sale
167 RAKE LANESemi-Detached, LeaseholdArea: 102 Sq.mtrAge: 1950-1966	16 May 2007	£124,000	First Sale
151 RAKE LANESemi-Detached, Freehold	27 Jan 2006	£98,500	121.35%
151 RAKE LANESemi-Detached, Freehold	28 Jan 2002	£44,500	First Sale
161 RAKE LANESemi-Detached, LeaseholdArea: 102 Sq.mtrAge: 1930-1949	26 Jul 2005	£85,000	First Sale
177 RAKE LANEDetached, Leasehold	23 Apr 2004	£46,126	-48.75%
177 RAKE LANEDetached, Leasehold	07 Feb 2002	£90,000	First Sale
133 RAKE LANESemi-Detached, LeaseholdArea: 95 Sq.mtrAge: 1950-1966	31 Oct 2003	£90,000	157.14%
	09 Feb 2000	£35,000	First Sale
171 RAKE LANESemi-Detached, Leasehold	19 Jan 2001	£59,000	195.00%
171 RAKE LANESemi-Detached, Leasehold	14 Aug 1998	£20,000	First Sale
145A RAKE LANESemi-Detached, Freehold	01 Dec 2000	£47,500	First Sale
141 RAKE LANESemi-Detached, LeaseholdArea: 91 Sq.mtrAge: 1930-1949	15 Sep 2000	£45,000	First Sale
155 RAKE LANESemi-Detached, Freehold	27 Nov 1998	£38,500	First Sale
139 RAKE LANESemi-Detached, Leasehold	05 Feb 1997	£52,000	First Sale

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

RAKE LANE, M27 8RD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the M27 8RD 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 8RD postcode.

Terraced
- The average price is around £88,427 median price is £80,000 Standard Deviation is £55,387 with Total Sold: 627
- The Last 5 Year average price is £153,102 with Total Sold: 115
- The most recent sale happened at this postcode is , 7 DUMBELL STREET: £170,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 3 BILLY LANE: £42,500 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £94,475 median price is £86,000 Standard Deviation is £52,993 with Total Sold: 791
- The Last 5 Year average price is £167,356 with Total Sold: 158
- The most recent sale happened at this postcode is , 93 SILVERDALE: £230,000 (Sold on 24 Jul 2024)
- The first recorded sale happened at this postcode is , 7 RIDGEWAY: £36,450 (Sold on 24 Feb 1995)
Flat
- The average price is around £79,263 median price is £75,000 Standard Deviation is £31,710 with Total Sold: 343
- The Last 5 Year average price is £95,057 with Total Sold: 60
- The most recent sale happened at this postcode is APARTMENT 1, CUMBERLAND POINT, 46A CUMBERLAND AVENUE: £137,500 (Sold on 26 Jan 2024)
- The first recorded sale happened at this postcode is , 4 EPPLEWORTH RISE: £39,000 (Sold on 03 Jul 1995)
Detached
- The average price is around £125,888 median price is £105,000 Standard Deviation is £74,423 with Total Sold: 97
- The Last 5 Year average price is £243,667 with Total Sold: 12
- The most recent sale happened at this postcode is , 138 RAKE LANE: £420,000 (Sold on 28 Sep 2023)
- The first recorded sale happened at this postcode is , 12 CHESSINGTON RISE: £62,000 (Sold on 21 Apr 1995)
Other
- The average price is around £790,076 median price is £1,050,000 Standard Deviation is £662,834 with Total Sold: 36
- The Last 5 Year average price is £753,694 with Total Sold: 31
- The most recent sale happened at this postcode is , 241 PENDLEBURY ROAD: £153,500 (Sold on 22 Jun 2023)
- The first recorded sale happened at this postcode is , WICKS WYNNE AVENUE: £3,800,000 (Sold on 05 Nov 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£152,444	£2,474	9
2023	£173,798	£2,336	22
2022	£180,571	£2,320	24
2021	£148,988	£1,740	16
2020	£136,353	£1,714	17
2019	£125,026	£1,736	27
2018	£120,381	£1,545	28
2017	£108,332	£1,431	17
2016	£96,635	£1,172	26
2015	£85,409	£1,103	27
2014	£73,997	£1,028	17
2013	£75,625	£1,063	8
2012	£65,250	£936	4
2011	£83,658	£1,201	6
2010	£68,000	£719	4
2009	£73,444	£997	9
2008	£130,012	£1,238	20
2007	£124,080	£1,411	54
2006	£88,924	£1,083	38
2005	£74,635	£986	27
2004	£70,731	£960	32
2003	£42,769	£600	30
2002	£41,130	£506	28
2001	£40,749	£573	30
2000	£31,667	£427	15
1999	£31,566	£439	15
1998	£35,935	£412	17
1997	£31,794	£436	19
1996	£32,844	£439	20
1995	£38,653	£469	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£179,750	£2,846	7
2023	£189,500	£2,504	23
2022	£190,514	£2,562	36
2021	£174,097	£2,290	36
2020	£146,494	£1,698	24
2019	£130,741	£1,734	32
2018	£129,865	£1,662	23
2017	£117,321	£1,605	28
2016	£105,311	£1,494	35
2015	£97,248	£1,286	30
2014	£86,411	£1,157	14
2013	£82,124	£1,197	17
2012	£80,559	£1,089	17
2011	£77,917	£1,095	18
2010	£87,319	£1,155	13
2009	£87,831	£1,052	8
2008	£97,147	£1,528	23
2007	£114,004	£1,468	60
2006	£92,278	£1,150	33
2005	£82,151	£1,027	35
2004	£76,534	£939	43
2003	£53,289	£676	52
2002	£44,977	£578	39
2001	£39,602	£461	22
2000	£41,043	£498	28
1999	£34,253	£423	25
1998	£35,568	£508	20
1997	£34,394	£483	24
1996	£40,418	£462	14
1995	£33,842	£507	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,500		1
2023	£105,733	£2,159	15
2022	£95,156	£1,844	16
2021	£100,000	£1,738	13
2020	£83,000	£1,422	7
2019	£72,050	£1,504	8
2018	£68,492	£1,448	13
2017	£63,939	£1,413	14
2016	£74,035	£1,643	10
2015	£54,782	£1,116	14
2014	£57,786	£1,406	28
2013	£48,227	£1,013	11
2012	£58,500	£1,154	6
2011	£52,562	£1,226	4
2010	£60,000	£1,418	1
2009	£105,952	£1,780	16
2008	£104,422	£1,903	20
2007	£118,006	£2,189	45
2006	£76,116	£1,696	22
2005	£73,500	£1,499	4
2004	£69,949	£1,490	29
2003	£77,214	£1,429	21
2002	£39,667	£767	3
2001	£26,917	£607	6
2000	£24,998	£573	3
1999	£22,800	£381	3
1998	£32,450	£596	2
1997	£21,862	£531	4
1996	£31,167	£500	3
1995	£39,000	£736	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£420,000	£3,206	1
2021	£286,500	£2,608	4
2020	£202,167	£2,081	6
2019	£145,000		1
2018	£237,500	£1,982	4
2017	£167,182	£1,866	3
2016	£151,000	£1,525	1
2015	£168,400	£1,534	5
2014	£182,500	£1,484	2
2013	£138,995	£1,141	1
2012	£106,500	£1,024	1
2011	£152,875		4
2009	£140,000	£1,690	2
2008	£146,191		4
2007	£124,972	£1,410	2
2006	£150,461	£2,154	3
2005	£103,650	£1,320	3
2004	£91,910	£1,200	7
2003	£100,590	£1,014	5
2002	£91,775	£721	6
2001	£72,993	£951	7
2000	£73,875	£993	4
1999	£65,181	£638	8
1998	£53,290	£634	5
1997	£49,102	£449	5
1995	£68,917	£620	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£153,500	£1,616	1
2022	£205,667	£2,532	3
2021	£183,667	£3,138	3
2020	£412,500	£16,667	2
2019	£964,455	£21,937	22
2018	£145,000		1
2017	£66,625		2
2014	£1,000,000		1
2013	£3,800,000		1

House Type in M27 8RD area

The most common house types in the M27 8RD postcode area are Semi-detached (69), Flat (48), and Terraced (45).

Total	175
Semi-detached	69
Flat	48
Terraced	45
Detached	13
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (59), and Owned: Owns with a mortgage or loan (48).

Private rented: Private landlord or letting agency	59
Owned: Owns with a mortgage or loan	48
Owned: Owns outright	43
Social rented: Other social rented	13
Social rented: Rents from council or Local Authority	10
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the M27 8RD have 2 people in household (63), and 1 person in household (50).

2 people in household	63
1 person in household	50
3 people in household	23
4 people in household	23
5 people in household	14
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0