Key indicators for buyers
The L60 market is moderately favourable for buyers. Prices have softened (-78.8%), which could present a buying opportunity. 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 L60 sold for £85,000 in 2019, with a median of £85,000 across 1 transactions. Prices fell 78.8% compared to the previous year.
2019averages · 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 £85,000 with a 25% deposit (£21k), a 2-year fixed mortgage at 3.97% costs around £335 per month.
Monthly cost comparison based on current data
Uses L60 avg. price with Wirral rental data
Monthly mortgage payments (£335) are £492 less than renting (£827). However, buying requires an upfront deposit of £21k — it would take around 3 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
12A, RED DALE FLATS, HESWALL L60 7TA | Flat/Maisonette | £85,000 | 6 Sept 2019 |
GATE COTTAGE, 33, FARR HALL DRIVE, WIRRAL L60 4SH | Detached | £400,000 | 15 Aug 2008 |
12A, RED DALE FLATS, HESWALL L60 7TA | Flat/Maisonette | £70,000 | 19 Jul 2007 |
FLAT 3, FARR HALL, 8, FARR HALL DRIVE, WIRRAL L60 4SF | Flat/Maisonette | £203,000 | 7 Oct 2005 |
FLAT 3, FARR HALL, 8, FARR HALL DRIVE L60 4SF | Flat/Maisonette | £230,000 | 3 Dec 2004 |
GORSEFIELD, 22, DELAVOR ROAD L60 4RN | Detached | £189,000 | 6 Dec 2000 |
GORSEFIELD, 22, DELAVOR ROAD, WIRRAL |
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.
| Detached |
| £145,000 |
| 25 Sept 1998 |
FLAT 3, FARR HALL, 8, FARR HALL DRIVE, WIRRAL L60 4SF | Flat/Maisonette | £54,000 | 27 Feb 1998 |
The most recent recorded sale in L60 was a flat/maisonette property on Red Dale Flats for £85,000 in September 2019. Across the last 8 sales, the median price was £189,000.