marketcodeSold price per m²
£2,988/m² 12 months to Apr 2026
235 sales
+4.3% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
L40 property market
Sold £2,988/m² · Median sold £322,270 (235 sales) · Index +4.3% y/y · Turnover 3.0% · 12 months, sales to Apr 2026, listings to Aug 2026
What is L40?
- Buildings
- 7,532
- Mixed-use buildings
- 57%
- HMO-shaped units
- 15%
What does L40 cost?
L40: sold price per m² £2,988/m² (12 months to Apr 2026, 235 sales). +4.3% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£322,270 12 months to Apr 2026
235 sales
+4.3% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£334,418 12 months to Aug 2026
862 listings
+9.4% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does L40 earn?
L40: asking rent £4,271 a month (12 months to Jul 2026, 88 lets).
Asking rent
£4,271 a month 12 months to Jul 2026
88 lets
Gross yield, asking basis
4.1% 12 months to Aug 2026
110 lets
-8.7% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does L40 vary by home size?
Asking price in L40 runs from £214,921 for 2 bedrooms to £784,380 for 5+ bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £214,921 | 12 months to Aug 2026 | +4.4% on the previous 12 months | 194 |
| 3 bedrooms | £285,391 | 12 months to Aug 2026 | +5.6% on the previous 12 months | 303 |
| 4 bedrooms | £470,049 | 12 months to Aug 2026 | +7.6% on the previous 12 months | 266 |
| 5+ bedrooms | £784,380 | 12 months to Aug 2026 | — | 100 |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is L40?
L40: turnover 3.0% (12 months to Jan 2026, 285 sales). -8.1% on the previous 12 months.
Turnover
3.0% 12 months to Jan 2026
285 sales
-8.1% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
386 12 months to Jan 2026
386 sales
-7% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
533 12 months to Jul 2026
533 listings
Who is active in L40?
22 agents listed homes for sale in L40; the three largest took 47% of the listings.
- Agents active
- 22
- Top three agents’ share
- 47%
- New homes among listings
- 5.9%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns L40?
Corporate landlords hold 85% of the 567 units in L40 whose freeholder is classified; 95% of all units are not yet classified.
- Corporate landlords85% of classified · 482 units
- Housing associations7.6% of classified · 43 units
- Individuals (not traceable in bulk)6.9% of classified · 39 units
- RMC0.5% of classified · 3 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does L40 rank?
L40 ranks 1st of 4 postcode districts in West Lancashire for sold price per m², at £2,988/m².
Sold price per m² · postcode districts in West Lancashire
L40 ranks 1st of 4 postcode districts in West Lancashire for sold price per m², at £2,988/m².
Gross yield, asking basis · postcode districts in West Lancashire
L40 ranks 3rd of 4 postcode districts in West Lancashire for gross yield, asking basis, at 4.1%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | PR8 | 5.3% | 832 | measured |
| 2 |
Where next from L40?
- West LancashireThe wider market this area sits in.
- L39Neighbouring postcode district · £3,773/m²
- PR8Neighbouring postcode district · £2,757/m²
- WN8Neighbouring postcode district · £2,317/m²
- PR26Next door, in another authority · £2,585/m²
- PR4Next door, in another authority · £3,020/m²
- PR7Next door, in another authority · £2,855/m²
- PR9Next door, in another authority · £2,150/m²
- WN6Next door, in another authority · £2,720/m²
- Homes for sale in L40Live sale listings, the same place and cohort.
- Homes to rent in L40Live lettings, the same place.
- Completed sales in L40Registered completions, newest first.
- Planning applications in L40Applications and decisions on record.
- Buildings in L40Every building with its units, parcel and freeholder.
- Land in L40Parcels, titles and adjacent ownership.
- Properties in L40Every addressable home with its floor area, tenure and last sale.
- Estate agents in L40Who actually lists here, ranked by volume over 12 months.
Questions about L40
- What is the median house price in L40?
- Homes in L40 sold for a median £322,270 over the 12 months to Apr 2026, 235 sales. Per square metre that is £2,988/m². Registered completions, not asking prices.
- How have house prices in L40 changed?
- +4.3% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in L40?
- Homes to let in L40 asked a median £4,271 a month over the 12 months to Jul 2026, 88 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in L40?
- 4.1% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 110 lets. -8.7% on the previous 12 months.
- How quickly do homes sell in L40?
- 3.0% of the homes in L40 changed hands over the 12 months to Jan 2026, 285 sales.
Where these figures come from, and what is not published
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 235 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 235 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 862 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 533 listings |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 88 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 110 lets |
| Turnover | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 285 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 386 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 533 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 574 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 288 listings |
| Live listings | MarketCode market evidence | on 20 Sep 2026 | 20 Sep 2026 | — |
- Asking to sold
- Only 5 observed months: the 12-month figure needs 6; the monthly line is drawn.
- Days to completion
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.