Key indicators for buyers
The L43 market is moderately favourable for buyers. Prices are rising at 48.8%, which may favour acting sooner rather than later. Affordability has improved from a peak of 7.3x in 2021 to 6.1x today. Rising rents (£827/mo, +6.3%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
The average property in L43 sold for £31,153 in 1998, with a median of £25,750 across 16 transactions. Prices rose 48.8% compared to the previous year.
1998averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Wirral area
A home in Wirral costs 6.1x the local median salary — moderate, improving from a peak of 7.3x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Wirral area
Average monthly rent in Wirral is £827, up 6.3% 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 Wirral price of £31,153 with a 25% deposit (£8k), a 2-year fixed mortgage at 3.97% costs around £123 per month.
Monthly cost comparison based on current data
Uses L43 avg. price with Wirral rental data
Monthly mortgage payments (£123) are £704 less than renting (£827). However, buying requires an upfront deposit of £8k — 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 |
|---|---|---|---|
13, POWELL STREET, BIRKENHEAD L43 7RY | Terraced | £11,500 | 7 Aug 1998 |
ELDON HOUSE, VILLAGE ROAD, PRENTON L43 6TY | Detached | £125,000 | 30 Jun 1998 |
164, TOLLEMACHE ROAD, PRENTON L43 7SB | Terraced | £35,000 | 4 Jun 1998 |
162, TOLLEMACHE ROAD, PRENTON L43 7SB | Terraced | £36,000 | 30 Apr 1998 |
38, POWELL STREET, BIRKENHEAD L43 7RZ | Terraced | £25,500 | 14 Apr 1998 |
77, POWELL STREET, BIRKENHEAD L43 7RY | Terraced | £26,000 | 5 Mar 1998 |
20, POWELL STREET, BIRKENHEAD L43 7RZ | Terraced |
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.
| £20,000 |
| 20 Feb 1998 |
46, POWELL STREET, BIRKENHEAD L43 7RZ | Terraced | £20,000 | 20 Feb 1998 |
40, POWELL STREET, BIRKENHEAD L43 7RZ | Terraced | £20,000 | 20 Feb 1998 |
31, POWELL STREET, BIRKENHEAD L43 7RY | Terraced | £26,000 | 17 Feb 1998 |
160, TOLLEMACHE ROAD, PRENTON L43 7SB | Terraced | £37,500 | 16 Feb 1998 |
237, LANSDOWNE ROAD, PRENTON L43 7SG | Terraced | £28,950 | 12 Feb 1998 |
64, POWELL STREET, BIRKENHEAD L43 7RZ | Terraced | £23,000 | 6 Feb 1998 |
23, KIMBERLEY STREET, BIRKENHEAD L43 7RU | Semi-detached | £21,000 | 20 Jan 1998 |
229, LANSDOWNE ROAD, PRENTON L43 7SG | Terraced | £17,000 | 12 Jan 1998 |
78, POWELL STREET, BIRKENHEAD L43 7RZ | Terraced | £26,000 | 5 Jan 1998 |
52, POWELL STREET, BIRKENHEAD L43 7RZ | Terraced | £23,000 | 23 Dec 1997 |
50, POWELL STREET, BIRKENHEAD L43 7RZ | Terraced | £25,000 | 23 Dec 1997 |
73, POWELL STREET, BIRKENHEAD L43 7RY | Terraced | £26,000 | 19 Dec 1997 |
89, POWELL STREET, BIRKENHEAD L43 7RY | Terraced | £22,500 | 19 Dec 1997 |
The most recent recorded sale in L43 was a terraced property on Powell Street for £11,500 in August 1998. Across the last 20 sales, the median price was £25,500.