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Property Price Trends
L62 1HE
What are the historical property price trends?
Explore the yearly trends in property prices for the L62 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
L62
Most Expensive Property
£
Sold:
Cheapest Property
£
Sold:
£217,000
The average house price in Wirral was £217,000 in November 2024 (provisional), up 2.9% from November 2023. This was lower than the rise in the North West (5.7%) over the same period.
£767
Private rents rose to an average of £767 in December 2024, an annual increase of 8.2% from £708 in December 2023. This was lower than the rise in the North West (9.6%) over the year.
£184,000
The average price paid by first-time buyers was £184,000 in November 2024 (provisional). This was 3.5% higher than the average of £178,000 in November 2023 (revised).
£229,000
For homes bought with a mortgage, the average house price was £229,000 in November 2024 (provisional). This was 2.9% higher than the average of £223,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Wirral, E08000015). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in L62 1HE?
The graph below shows the five-year capital growth figures for properties for the L62 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in L62 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Merseyside?
Homebuyers
For homebuyers in Merseyside, the property market has been experiencing steady growth in house prices in recent years. Areas such as Liverpool city centre (L1), Wirral (CH48), and Southport (PR8) have seen an increase in demand, leading to higher property prices. The average house price in Merseyside is currently around £180,000, with prices expected to continue rising in the coming years. Availability of properties is relatively good, with a decent stock of both new builds and older properties on the market. Overall, Merseyside remains a popular choice for homebuyers looking for affordable housing in a vibrant location.
Renters
For renters in Merseyside, the rental market is competitive, particularly in popular areas such as Liverpool city centre (L1), Birkenhead (CH41), and Formby (L37). Rent prices have been increasing steadily, with the average rent for a one-bedroom property currently around £600 per month. Availability of rental properties can be limited, especially in sought-after areas, so renters are advised to act quickly when a suitable property becomes available. Despite the competitive market, Merseyside remains a popular choice for renters looking for a vibrant city lifestyle or coastal living.
Investors
For investors looking to buy property in Merseyside, the market offers good potential for growth and rental income. Areas such as Crosby (L23), Bootle (L20), and St Helens (WA10) are popular choices for investors due to their affordability and potential for high rental yields. The average rental yield in Merseyside is currently around 5%, making it an attractive option for buy-to-let investors. With the ongoing regeneration of areas such as Liverpool city centre and Wirral, the property market in Merseyside is expected to continue growing, making it a promising investment opportunity for investors.
Homebuyers
For homebuyers in Merseyside, the property market has been experiencing steady growth in house prices in recent years. Areas such as Liverpool city centre (L1), Wirral (CH48), and Southport (PR8) have seen an increase in demand, leading to higher property prices. The average house price in Merseyside is currently around £180,000, with prices expected to continue rising in the coming years. Availability of properties is relatively good, with a decent stock of both new builds and older properties on the market. Overall, Merseyside remains a popular choice for homebuyers looking for affordable housing in a vibrant location.
Renters
For renters in Merseyside, the rental market is competitive, particularly in popular areas such as Liverpool city centre (L1), Birkenhead (CH41), and Formby (L37). Rent prices have been increasing steadily, with the average rent for a one-bedroom property currently around £600 per month. Availability of rental properties can be limited, especially in sought-after areas, so renters are advised to act quickly when a suitable property becomes available. Despite the competitive market, Merseyside remains a popular choice for renters looking for a vibrant city lifestyle or coastal living.
Investors
For investors looking to buy property in Merseyside, the market offers good potential for growth and rental income. Areas such as Crosby (L23), Bootle (L20), and St Helens (WA10) are popular choices for investors due to their affordability and potential for high rental yields. The average rental yield in Merseyside is currently around 5%, making it an attractive option for buy-to-let investors. With the ongoing regeneration of areas such as Liverpool city centre and Wirral, the property market in Merseyside is expected to continue growing, making it a promising investment opportunity for investors.
Last updated on 31 Jul 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for L62 1HE
Estimated yield for property investors
%
Yield
The estimated yield for the L62 1HE postcode area is %, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in L62 1HE?
The recently sold properties table lists homes around L62 1HE that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|
Please note that house prices for properties sold in and around L62 1HE during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
