Market outlook for L75
Key indicators for buyers
The L75 market is moderately favourable for buyers. Prices are rising at 264.6%, which may favour acting sooner rather than later. Rising rents (£914/mo, +5.9%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
The average property in L75 sold for £1,440,000 in 2024, with a median of £1,440,000 across 1 transactions. Prices rose 264.6% compared to the previous year.
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Sefton area
A home in Sefton costs 7.0x the local median salary — moderate, improving from a peak of 7.1x in 2006.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Sefton area
Average monthly rent in Sefton is £914, up 5.9% 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 Sefton price of £1,440,000 with a 25% deposit (£360k), a 2-year fixed mortgage at 3.97% costs around £5,683 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses L75 avg. price with Sefton rental data
Monthly mortgage payments (£5,683) are £4,769 more than renting (£914). However, buying requires an upfront deposit of £360k — it would take around 30000 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 |
|---|---|---|---|
ST. JOHNS HOUSE, MERTON ROAD L75 1BQ | Other | £1,440,000 | 30 Jan 2024 |
UNIT 4, PINNACLE HOUSE, STANLEY ROAD L75 2LL | Other | £395,000 | 29 Oct 2015 |
The most recent recorded sale in L75 was a other property on Merton Road for £1,440,000 in January 2024. Across the last 2 sales, the median price was £1,440,000.
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.