Residential dwellings
9,657
Addressable residential units in the area (OS AddressBase).
L40 rents and yields
Asking rent £4,635/month · Gross yield 4.2% · 12 months, listings to Sep 2026
What is L40?
L40: residential dwellings 9,657.
HMO-shaped dwellings
0.1%
L40 has the lowest HMO-shaped dwellings of the 4 neighbouring postcode districts compared.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 9,527
- Mixed-use buildings
- 66%
- HMO-shaped units
- 13%
- EPC A or B
- 23%
- EPC D or worse
- 48%
What does L40 earn?
L40: asking rent £4,635/month (12 months to Sep 2026, 77 lets).
Asking rent
£4,635/month 12 months to Sep 2026
77 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 77 lets.
Gross yield, asking basis
4.2% 12 months to Sep 2026
103 lets
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 103 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
21 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
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 2nd of 4 postcode districts in West Lancashire for asking rent, at £4,635/month.
Asking rent · postcode districts in West Lancashire
L40 ranks 2nd of 4 postcode districts in West Lancashire for asking rent, at £4,635/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | PR8 | £10,524/month | 12 months to Sep 2026 · from monthly figures | 499 | measured |
| 2 | L40 | £4,635/month | 12 months to Sep 2026 · from monthly figures | 77 | indicative |
| 3 | L39 | £1,184/month | 12 months to Sep 2026 · from monthly figures | 332 | measured |
| 4 | WN8 | £910/month | 12 months to Sep 2026 · from monthly figures | 246 | measured |
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 4.2%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | PR8 | 5.6% | 12 months to Sep 2026 · from monthly figures · 10 of 12 months observed | 703 | measured |
| 2 | WN8 | 4.9% | 12 months to Sep 2026 · from monthly figures | 292 | measured |
| 3 | L40 | 4.2% | 12 months to Sep 2026 · from monthly figures | 103 | measured |
| 4 | L39 | 3.3% | 12 months to Sep 2026 · from monthly figures | 487 | measured |
Where next from L40?
- West LancashireThe wider market this area sits in.
- L39Neighbouring postcode district · Asking £3,963/m² · Sep 2026
- PR8Neighbouring postcode district · Asking £2,587/m² · Sep 2026
- WN8Neighbouring postcode district · Asking £3,007/m² · Sep 2026
- PR26Next door, in another authority · Asking £2,042/m² · Sep 2026
- PR4Next door, in another authority · Asking £2,988/m² · Sep 2026
- PR7Next door, in another authority · Asking £2,720/m² · Sep 2026
- PR9Next door, in another authority · Asking £2,311/m² · Sep 2026
- WN6Next door, in another authority · Asking £2,556/m² · Sep 2026
Questions about L40
- What is the average rent in L40?
- Homes to let in L40 asked a median £4,635/month over the 12 months to Sep 2026, 77 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in L40?
- 4.2% 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 Sep 2026, 103 lets.
- What kind of homes are in L40?
- L40 has 9,657 homes, 0.1% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about L40
- Property values in L40Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in L40Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in L40What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in L40What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in L40Registered completions from Price Paid, newest first.
- Planning applications in L40What was proposed, who decided it and whether it was approved.
- Estate agents in L40Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 77 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 103 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |