Market outlook for L3
Key indicators for buyers
The L3 market looks favourable for buyers. Prices have softened (-75.2%), which could present a buying opportunity. Affordability has improved from a peak of 5.2x in 2007 to 4.7x today. Rising rents (£888/mo, +6.6%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Liverpool area
A home in Liverpool costs 4.7x the local median salary — relatively affordable, improving from a peak of 5.2x in 2007.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Liverpool area
Average monthly rent in Liverpool is £888, up 6.6% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Liverpool price of £129,700 with a 25% deposit (£32k), a 2-year fixed mortgage at 3.97% costs around £512 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses L3 avg. price with Liverpool rental data
Monthly mortgage payments (£512) are £376 less than renting (£888). However, buying requires an upfront deposit of £32k — it would take around 4 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 59, 44, PALL MALL L3 6EL | Flat/Maisonette | £143,500 | 26 Jan 2026 |
APARTMENT 123, THE ALBANY, 8, OLD HALL STREET L3 9EL | Flat/Maisonette | £175,000 | 22 Jan 2026 |
57, BISPHAM HOUSE, LACE STREET L3 2BP | Flat/Maisonette | £35,000 | 16 Jan 2026 |
250, SOUTH FERRY QUAY L3 4EH | Flat/Maisonette | £185,000 | 9 Jan 2026 |
FLAT 16, 40, PALL MALL L3 6ES | Flat/Maisonette | £110,000 | 9 Jan 2026 |
293, SOUTH FERRY QUAY L3 4EE | Terraced | £425,000 | 19 Dec 2025 |
APARTMENT 601, 15, MANN ISLAND L3 1ER |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.