Key indicators for buyers
The L69 market is moderately favourable for buyers. 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.
Yearly averages · HM Land Registry Price Paid Data
The average property in L69 sold for £2,500 in 2017, with a median of £2,500 across 1 transactions.
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.
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Liverpool price of £2,500 with a 25% deposit (£625), a 2-year fixed mortgage at 3.97% costs around £10 per month.
Monthly cost comparison based on current data
Uses L69 avg. price with Liverpool rental data
Monthly mortgage payments (£10) are £878 less than renting (£888). However, buying requires an upfront deposit of £625 — it would take around 1 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
CELL SITE 74772, CIVIL ENGINEERING BUILDING UNIVERSITY OF LIVERPOOL, BROWNLOW STREET L69 3GQ | Other | £2,500 | 26 Jul 2017 |
The most recent recorded sale in L69 was a other property on Brownlow Street for £2,500 in July 2017. Across the last 1 sales, the median price was £2,500.
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.