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242 Rake LaneHouse Prices / North West, Wirral, Rake Lane, CH45 1JR
Last updated May 2026
Key Building Insights
242 Rake Lane is a residential building situated on Rake Lane, Wallasey, CH45 with 2 addresses.
It ranks as the 237th largest and 343rd most expensive of the 885 buildings in the CH45 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Building Insights
242 Rake Lane is a residential building situated on Rake Lane, Wallasey, CH45 with 2 addresses.
It ranks as the 237th largest and 343rd most expensive of the 885 buildings in the CH45 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin 242 Rake Lane
Sale prices range from £78,522 for 3 bedroom leasehold flats (1,291 ft2) to £175,205 for 3 bedroom leasehold flats (1,291 ft2) .
Monthly rental prices range from £555 pcm for 3 bed flats to £1,044 pcm for 3 bed flats.
The gross rental yield is between 7.2% and 8.5%.
The average value per square foot is £98.
Average Sale Value
£126,863
Average Rental Value
£800 pcm
Average Rental Yield
7.6% /year
Average Value Per Sqft
£98 /ft2
Sales Market Trendsin 242 Rake Lane
The last sale in 242 Rake Lane sold for £305,000 on 18th October 2023. Since then prices are down an average of 0.0%.
The current average value in the building is £126,863.
The 242 Rake Lane Sales Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £126,863 |
| April 2025 | 4.5% | £126,658 |
| April 2024 | -1.5% | £121,154 |
| April 2023 | 1% | £123,033 |
| April 2022 | 7.2% | £121,846 |
| April 2021 | 7.5% | £113,624 |
| April 2020 | 5.2% | £105,652 |
| April 2019 | 5.1% | £100,431 |
| April 2018 | 2.6% | £95,531 |
| April 2017 | 1.4% | £93,095 |
| April 2016 | 2.9% | £91,799 |
| April 2015 | 2.1% | £89,230 |
| April 2014 | 0.2% | £87,417 |
| April 2013 | -0.8% | £87,274 |
| April 2012 | 1.4% | £87,974 |
| April 2011 | -3.5% | £86,729 |
| April 2010 | -1.6% | £89,897 |
| April 2009 | -11.8% | £91,404 |
| April 2008 | -1% | £103,643 |
| April 2007 | 0% | £104,702 |
Rental Market Trendsin 242 Rake Lane
The current average rental value in the building is £800.
The 242 Rake Lane Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £800pcm |
| April 2025 | 6.8% | £784pcm |
| April 2024 | 7% | £734pcm |
| April 2023 | 7.7% | £686pcm |
| April 2022 | 6% | £637pcm |
| April 2021 | 6.1% | £601pcm |
| April 2020 | 1.6% | £566pcm |
| April 2019 | 1.3% | £557pcm |
| April 2018 | -1.1% | £550pcm |
| April 2017 | 0.9% | £556pcm |
| April 2016 | 0.7% | £551pcm |
| April 2015 | 0.6% | £547pcm |
| April 2014 | -1.1% | £544pcm |
| April 2013 | -0.9% | £550pcm |
| April 2012 | -1.3% | £555pcm |
| April 2011 | 0.5% | £562pcm |
| April 2010 | -2.6% | £560pcm |
| April 2009 | -4.7% | £574pcm |
| April 2008 | 2.7% | £603pcm |
| April 2007 | 0% | £587pcm |
Explore Propertiesin 242, Rake Lane, Wallasey, CH45 1JR
Sales Historyin 242, Rake Lane, Wallasey, CH45 1JR
The last sale was on 18th October 2023 for £305,000 and since then the market in the area has remained stable. The building has had a total of 3 sales since 1995.
242, Rake Lane, Wallasey, CH45 1JR has seen 1 sale in the last three years and no sales in the last twelve months.
Property Typesin 242 Rake Lane
- 1 period flat built between 1800 and 1911
- 1 other address of unknown type
- period flat (1)
- Unknown (1)
Energy Efficiencyof properties in 242 Rake Lane
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Saleson Rake Lane, Wallasey, CH45
Schools Nearbyto 242, Rake Lane, Wallasey, CH45 1JR
The nearest primary school to 242, Rake Lane, Wallasey, CH45 1JR is New Brighton Primary School which is 368 metres away.
- 368mNew Brighton Primary School
- 542mSS Peter and Paul Catholic Primary School, a Voluntary Academy
- 623mMount Primary School
The nearest secondary school is The Oldershaw School which is 1.1 kilometres away.
- 1.1kmThe Oldershaw School
- 1.7kmSt Mary's Catholic College, A Voluntary Academy
- 2.1kmWeatherhead High School
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Public Transport Nearbyto 242, Rake Lane, Wallasey, CH45 1JR
The closest station to 242, Rake Lane, Wallasey, CH45 1JR is New Brighton station which is 800 metres away.
- 796mNew Brighton
- 1.9kmWallasey Grove Road
- 2.0kmWallasey Village
- 3.1kmBirkenhead North
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