Housing Market Analysis for RAKE LANE, M27 8RH

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £122,557 median price is £122,500 Standard Deviation is £69,256 with Total Sold: 22
- The Last 5 Year average price is £215,000 with Total Sold: 6
- The most recent sale happened at this postcode is 136 RAKE LANE: £215,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is 152 RAKE LANE: £35,000 (Sold on 29 Aug 1997)
Detached
- The average price is around £302,500 median price is £302,500 Standard Deviation is £117,500 with Total Sold: 2
- The Last 5 Year average price is £302,500 with Total Sold: 2
- 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 138 RAKE LANE: £185,000 (Sold on 15 Dec 2020)
Terraced
- The average price is around £720,000 median price is £720,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 124 RAKE LANE: £720,000 (Sold on 13 Mar 2008)
- The first recorded sale happened at this postcode is 124 RAKE LANE: £720,000 (Sold on 13 Mar 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average M27 8RH 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	£237,500	£2,281	2
2022	£215,000	£2,269	3
2019	£170,000	£1,848	1
2018	£143,000	£1,747	3
2016	£116,500	£1,205	2
2013	£76,000	£905	1
2012	£89,000	£1,203	1
2006	£120,000	£1,304	1
2005	£134,500	£1,180	1
2004	£89,500	£1,133	1
2003	£62,500	£818	2
1999	£25,083	£313	3
1997	£35,000	£307	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£420,000	£3,206	1
2020	£185,000	£1,412	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£720,000		1

All the Sales in the RAKE LANE, M27 8RH

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

Address	Sold Date	Price	% Change
136 RAKE LANESemi-Detached, Leasehold	25 Aug 2023	£215,000	72.00%
136 RAKE LANESemi-Detached, Leasehold	10 Jun 2016	£125,000	First Sale
138 RAKE LANEDetached, LeaseholdArea: 131 Sq.mtrAge: 1930-1949	28 Sep 2023	£420,000	127.03%
	15 Dec 2020	£185,000	First Sale
152 RAKE LANESemi-Detached, LeaseholdArea: 114 Sq.mtrAge: 1930-1949	14 Jul 2023	£260,000	93.31%
	05 Aug 2005	£134,500	284.29%
	29 Aug 1997	£35,000	First Sale
166 RAKE LANESemi-Detached, LeaseholdArea: 90 Sq.mtrAge: 1900-1929	16 Sep 2022	£200,000	First Sale
164 RAKE LANESemi-Detached, LeaseholdArea: 74 Sq.mtrAge: 1950-1966	04 Jul 2022	£215,000	141.57%
	30 Nov 2012	£89,000	43.55%
	27 Jun 2003	£62,000	First Sale
136A RAKE LANESemi-Detached, LeaseholdArea: 137 Sq.mtrAge: 1900-1929	25 Apr 2022	£230,000	First Sale
154 RAKE LANESemi-Detached, LeaseholdArea: 92 Sq.mtrAge: 1930-1949	31 May 2019	£170,000	41.67%
	28 Jun 2006	£120,000	First Sale
162 RAKE LANESemi-Detached, LeaseholdArea: 79 Sq.mtrAge: 1950-1966	16 Nov 2018	£152,000	69.83%
	17 Dec 2004	£89,500	42.06%
	16 Dec 2003	£63,000	First Sale
158 RAKE LANESemi-Detached, LeaseholdArea: 84 Sq.mtrAge: 1930-1949	18 Jul 2018	£145,000	90.79%
	09 Dec 2013	£76,000	First Sale
142 RAKE LANESemi-Detached, LeaseholdArea: 83 Sq.mtrAge: 1930-1949	29 Mar 2018	£132,000	First Sale
150 RAKE LANESemi-Detached, LeaseholdArea: 87 Sq.mtrAge: 1930-1949	02 Dec 2016	£108,000	First Sale
124 RAKE LANETerraced, Leasehold	13 Mar 2008	£720,000	First Sale
160 RAKE LANESemi-Detached, LeaseholdArea: 79 Sq.mtrAge: 1930-1949	12 Nov 1999	£35,000	66.67%
	12 Jul 1999	£21,000	First Sale
148 RAKE LANESemi-Detached, LeaseholdArea: 84 Sq.mtrAge: 1930-1949	20 May 1999	£19,250	First Sale

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

RAKE LANE, M27 8RH Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £93,201 median price is £85,500 Standard Deviation is £52,355 with Total Sold: 807
- The Last 5 Year average price is £163,984 with Total Sold: 166
- The most recent sale happened at this postcode is , 38 CLIVELY AVENUE: £170,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , 42 CLIVELY AVENUE: £29,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £90,807 median price is £83,000 Standard Deviation is £58,345 with Total Sold: 510
- The Last 5 Year average price is £155,334 with Total Sold: 97
- The most recent sale happened at this postcode is , 16 SUSSEX CLOSE: £175,000 (Sold on 21 Mar 2024)
- The first recorded sale happened at this postcode is , 3 BILLY LANE: £42,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £93,672 median price is £94,746 Standard Deviation is £35,989 with Total Sold: 162
- The Last 5 Year average price is £101,650 with Total Sold: 36
- 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 £123,965 median price is £105,000 Standard Deviation is £74,772 with Total Sold: 96
- The Last 5 Year average price is £236,583 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 £206,917 median price is £148,000 Standard Deviation is £176,358 with Total Sold: 9
- The Last 5 Year average price is £237,286 with Total Sold: 7
- 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 , 704 BOLTON ROAD: £56,250 (Sold on 26 Jul 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£166,179	£2,440	7
2023	£190,152	£2,491	23
2022	£186,412	£2,491	40
2021	£173,368	£2,278	34
2020	£139,500	£1,638	29
2019	£129,940	£1,746	33
2018	£123,432	£1,643	23
2017	£114,387	£1,571	31
2016	£104,626	£1,521	34
2015	£94,101	£1,238	34
2014	£76,633	£1,068	15
2013	£82,124	£1,197	17
2012	£79,324	£1,077	17
2011	£80,081	£1,124	18
2010	£92,741	£1,194	11
2009	£91,581	£1,131	8
2008	£94,558	£1,460	24
2007	£113,256	£1,422	60
2006	£89,725	£1,088	34
2005	£78,589	£997	37
2004	£73,593	£900	45
2003	£51,607	£681	52
2002	£45,676	£587	36
2001	£38,895	£454	21
2000	£37,590	£456	30
1999	£31,593	£393	25
1998	£33,142	£518	17
1997	£33,038	£464	25
1996	£40,065	£466	13
1995	£32,471	£439	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£156,333	£2,912	6
2023	£179,347	£2,382	18
2022	£185,795	£2,376	21
2021	£149,187	£1,826	15
2020	£133,429	£1,765	14
2019	£125,813	£1,724	23
2018	£122,576	£1,569	22
2017	£112,868	£1,416	14
2016	£100,882	£1,271	17
2015	£85,974	£1,091	25
2014	£75,530	£1,039	15
2013	£68,818	£949	11
2012	£80,000	£1,176	1
2011	£88,075	£1,229	6
2010	£70,500	£752	4
2009	£73,875	£997	8
2008	£140,683	£1,439	15
2007	£132,070	£1,508	47
2006	£93,542	£1,258	25
2005	£72,378	£998	23
2004	£71,321	£987	26
2003	£38,936	£552	27
2002	£43,499	£559	18
2001	£40,191	£622	22
2000	£30,731	£390	13
1999	£25,621	£294	16
1998	£34,558	£435	12
1997	£32,089	£473	14
1996	£32,869	£536	13
1995	£38,806	£552	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,500		1
2023	£114,500	£2,388	8
2022	£105,056	£1,852	9
2021	£105,667	£1,758	9
2020	£83,750	£1,427	4
2019	£74,880	£1,492	5
2018	£81,650	£1,519	6
2017	£68,300	£1,311	5
2016	£94,875	£1,423	4
2015	£60,825	£1,236	6
2014	£70,500	£1,327	4
2013	£59,750	£1,200	2
2012	£52,500	£1,046	2
2011	£52,562	£1,226	4
2009	£108,248	£1,792	15
2008	£107,524	£1,947	18
2007	£120,008	£2,135	39
2006	£85,000	£1,616	1
2005	£67,667	£1,578	3
2004	£73,333	£1,366	3
2002	£49,500	£962	2
2001	£41,500	£613	2
2000	£27,998	£699	2
1999	£29,950	£483	1
1998	£32,450	£596	2
1997	£20,500	£465	2
1996	£31,250	£500	2
1995	£39,000	£736	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£420,000	£3,206	1
2022	£180,000	£3,214	1
2021	£293,667	£2,628	3
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
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	£91,130	£656	5
2001	£72,993	£951	7
2000	£73,875	£993	4
1999	£63,779	£621	7
1998	£53,290	£634	5
1997	£45,252	£434	6
1996	£25,000	£431	1
1995	£68,917	£620	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£242,000	£2,814	1
2021	£183,667	£3,138	3
2020	£650,000	£16,667	1
2019	£109,000	£814	2
2018	£145,000		1
2017	£56,250		1

House Type in M27 8RH area

The most common house types in the M27 8RH postcode area are Semi-detached (84), Flat (29), and Terraced (23).

Total	142
Semi-detached	84
Flat	29
Terraced	23
commercial building	4
Detached	2
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (38), and Social rented: Other social rented (32).

Social rented: Rents from council or Local Authority	38
Social rented: Other social rented	32
Owned: Owns with a mortgage or loan	31
Owned: Owns outright	27
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	3
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the M27 8RH have 2 people in household (47), and 1 person in household (46).

2 people in household	47
1 person in household	46
4 people in household	21
3 people in household	18
5 people in household	8
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0