Local market reports › L area › L37
Formby market report L37, Liverpool
The L37 (Formby) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 11,456 registered sales in L37 (Liverpool) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in L37 (Liverpool) sold for £330,500 in 2026, the median of 142 registered sales, up 10% on five years earlier. The mean was £376,500, and by floor area homes here have averaged about £3,170 per square metre over the last five years. The figures cover 11,456 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
L37 is the postcode district covering Formby, Great Altcar, Little Altcar in Liverpool. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where L37 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in L37
In the L37 property market, the 2026 median sale price is £330,500, from 142 registered sales; the mean, the "average house price" most sites quote, is £376,500, sitting somewhat above it, as happens wherever a market carries an expensive tail.
Price per square metre in L37
A square metre of L37 home has cost about £3,170 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
England and Wales as a whole trade at a £285,000 median, leaving L37 16% above the national figure.
A typical L37 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £330,500 | £330,500 | 142 |
| 2025 | £343,000 | £351,202 | 413 |
| 2024 | £321,000 | £341,289 | 404 |
| 2023 | £307,000 | £337,318 | 328 |
| 2022 | £320,000 | £375,237 | 419 |
| 2021 | £300,000 | £379,839 | 612 |
| 2020 | £295,000 | £382,769 | 377 |
| 2019 | £280,000 | £367,013 | 333 |
| 2018 | £261,000 | £347,918 | 327 |
| 2017 | £268,000 | £365,525 | 413 |
| 2016 | £245,000 | £342,757 | 404 |
| 2015 | £230,000 | £324,990 | 309 |
| 2014 | £216,500 | £307,143 | 334 |
| 2013 | £205,000 | £294,975 | 272 |
| 2012 | £213,800 | £314,687 | 250 |
| 2011 | £209,000 | £315,510 | 206 |
| 2010 | £218,500 | £342,664 | 235 |
| 2009 | £190,000 | £305,427 | 248 |
| 2008 | £225,500 | £369,642 | 198 |
| 2007 | £235,000 | £398,625 | 407 |
| 2006 | £209,000 | £362,797 | 433 |
| 2005 | £210,000 | £373,715 | 321 |
| 2004 | £201,000 | £365,055 | 369 |
| 2003 | £155,000 | £285,548 | 399 |
| 2002 | £135,000 | £254,001 | 419 |
| 2001 | £114,000 | £219,159 | 433 |
| 2000 | £94,000 | £184,475 | 438 |
| 1999 | £90,000 | £179,365 | 478 |
| 1998 | £85,000 | £171,579 | 425 |
| 1997 | £75,000 | £153,810 | 416 |
| 1996 | £74,000 | £156,063 | 396 |
| 1995 | £75,000 | £163,038 | 298 |
In cash terms the typical L37 home went from £75,000 in 1995 to £330,500 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 103%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2007; the current median sits about 17% below that. Someone who bought at the 2007 peak has not yet seen that price back in real terms.
Year-on-year change in the L37 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2004 (+29.7% on the year before); the weakest, 2009 (−15.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 46% of the typed total. A detached home currently trades at £500,000 against £200,000 for a flat, 2.5 times the price.
Median by property type, L37
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £500,000 | 59 | 4,577 |
| Semi-detached | £298,000 | 59 | 5,235 |
| Terraced | £232,500 | 8 | 458 |
| Flats | £200,000 | 16 | 1,186 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.6% | −5.9% |
| 5 years (since 2021) | +2.0% | −2.7% |
| 10 years (since 2016) | +3.0% | −0.4% |
| 20 years (since 2006) | +2.3% | −0.5% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Sales activity in L37
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The monthly pulse, last five years
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
L37 recorded 299 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 341 sales a year recently, against 402 a year before 2008. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What tenants pay around L37
The local authority for L37 is Sefton, and its ONS average private rent currently stands at £928 a month (May 2026 figures). Size sets most of the rent: one-beds average £616 a month here against £1,400 for four or more bedrooms.
Average monthly rent by size, Sefton
ONS Price Index of Private Rents, May 2026.
Set against the £330,500 median sold price, £928 a month is £11,136 a year, a gross yield of 3.4%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
How L37 trades
L37 sits 2 of 40 in its area's price order, well inside the expensive end.
Common questions on L37 (Formby)
Are property prices falling in L37 (Formby)?
Is L37 (Formby) a good place to buy a house?
How much did a house sell for in L37 (Formby)?
Will L37 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 10% over five years in cash but down 13% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in L37 right now
Everything above is what homes in L37 sold for. Turning to what is actually available: 179 homes on the market right now, from 3 agents publishing to HomesIndex, at a typical asking price 9% above the L37 median sold price.
Of everything listed here, 20% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- Formby, Liverpool, Merseyside, Liverpool
- Formby, Liverpool, Merseyside, Liverpool
- Formby, Liverpool, Merseyside, Liverpool
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every L37 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in L
The Land Registry record, split by size: what each kind of home actually sold for across the L area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £247,500 | £342,995 (+39%) | £545,000 (+59%) | £755,000 (+39%) |
| Semi-detached | £160,000 | £194,995 (+22%) | £245,000 (+26%) | £350,000 (+43%) | £445,000 (+27%) |
| Terraced | £118,000 | £140,000 (+19%) | £165,000 (+18%) | £235,000 (+42%) | £317,050 (+35%) |
| Flat | £118,000 | £160,000 (+36%) | £230,000 (+44%) | £343,750 (+49%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
L37 ranks 28 of 40 in the L area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
L area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside L37, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| L37 1 | £510,000 | 18 |
| L37 2 | £427,500 | 34 |
| L37 3 | £298,000 | 27 |
| L37 4 | £230,000 | 14 |
| L37 6 | £297,500 | 25 |
| L37 7 | £380,000 | 9 |
| L37 8 | £240,000 | 15 |
How L37 compares nearby
Same city, different markets. The neighbouring districts of the L area, dearest first:
| District | Median | 5-year |
|---|---|---|
| L38 | £387,500 | +29% |
| L37 (this report) | £330,500 | +10% |
| L18 | £321,000 | +7% |
| L40 | £296,000 | +8% |
| L16 | £293,500 | +7% |
| L39 | £280,000 | +15% |
| L23 | £266,500 | +7% |
| L25 | £260,000 | +7% |
| L31 | £255,000 | +19% |
| L19 | £245,000 | +23% |
| L17 | £235,000 | +8% |
| L26 | £234,000 | +26% |
| L22 | £231,800 | +19% |
| L12 | £230,000 | +27% |
| L29 | £225,800 | -27% |
| L34 | £220,000 | +8% |
| L15 | £205,200 | +22% |
| L35 | £200,000 | +20% |
| L10 | £190,500 | +13% |
| L14 | £185,000 | +16% |
| L24 | £185,000 | +19% |
| L36 | £180,000 | +9% |
| L3 | £175,000 | +3% |
| L11 | £170,000 | +42% |
Before you sell in L37: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at L37's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim L37.
Go deeper
Behind the answers sits the same Land Registry record as this page, with L37 already set as the subject. Free, one click sign in.
Two maps carry on from here: every L37 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.