L37 1LB is a residential postcode situated on Montagu Road, Formby, Liverpool, L37 with 2 addresses.
It ranks as the 20th largest and 574th most expensive of the 763 postcodes in the L37 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
L37 1LB is a residential postcode situated on Montagu Road, Formby, Liverpool, L37 with 2 addresses.
It ranks as the 20th largest and 574th most expensive of the 763 postcodes in the L37 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
Sale prices range from £306,863 for 3 bedroom leasehold houses with a garden (1,087 ft2) to £630,866 for 5 bedroom leasehold houses with a garden (2,626 ft2) .
Monthly rental prices range from £1,408 pcm for 3 bed houses to £2,154 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 5.5%.
The average value per square foot is £261.
The last sale in L37 1LB sold for £416,000 on 8th January 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £468,864.
The L37 1LB Sales Market has increased by 39.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £468,864 |
| April 2025 | 0.8% | £468,766 |
| April 2024 | -1.2% | £464,937 |
| April 2023 | 7.7% | £470,519 |
| April 2022 | 6.6% | £436,699 |
| April 2021 | 5.8% | £409,525 |
| April 2020 | -0.1% | £387,144 |
| April 2019 | 5.3% | £387,693 |
| April 2018 | 4.9% | £368,259 |
| April 2017 | 4.7% | £350,904 |
| April 2016 | 1.2% | £335,086 |
| April 2015 | 4% | £330,985 |
| April 2014 | 2.9% | £318,328 |
| April 2013 | 4.8% | £309,340 |
| April 2012 | -0.6% | £295,177 |
| April 2011 | 0.1% | £296,957 |
| April 2010 | 3.5% | £296,734 |
| April 2009 | -9.8% | £286,566 |
| April 2008 | 0.6% | £317,738 |
| April 2007 | 0% | £315,985 |
The current average rental value in the postcode is £1,781.
The L37 1LB Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,781pcm |
| April 2025 | 6.6% | £1,723pcm |
| April 2024 | 6.8% | £1,617pcm |
| April 2023 | 6.2% | £1,513pcm |
| April 2022 | 6.5% | £1,425pcm |
| April 2021 | 6.9% | £1,338pcm |
| April 2020 | 3.4% | £1,251pcm |
| April 2019 | 1.2% | £1,210pcm |
| April 2018 | 2.5% | £1,195pcm |
| April 2017 | 0.5% | £1,166pcm |
| April 2016 | 3.8% | £1,159pcm |
| April 2015 | 1.1% | £1,117pcm |
| April 2014 | 2.4% | £1,105pcm |
| April 2013 | 2.6% | £1,079pcm |
| April 2012 | 1% | £1,051pcm |
| April 2011 | 2.9% | £1,041pcm |
| April 2010 | 2.3% | £1,012pcm |
| April 2009 | -3.8% | £989pcm |
| April 2008 | 3.5% | £1,028pcm |
| April 2007 | 0% | £994pcm |
The last sale was on 8th January 2019 for £416,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
L37 1LB has seen no sales in the last three years and no sales in the last twelve months.
L37 1LB is the 20th largest and the 574th most expensive postcode out of the 763 postcodes in the L37 area.
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The closest station to L37 1LB is Freshfield station which is 1.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around L37 1LB, 49.0% of property is privately owned outright and 41.4% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around L37 1LB, 17.0% of residents are recorded as possessing school level qualifications and 32.8% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around L37 1LB, the average age was 50.2 and the most common age was 72.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around L37 1LB, 0.7% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around L37 1LB, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.