L37 3QP is a residential postcode situated on Watchyard Lane, Formby, Liverpool, L37 with 28 addresses.
It ranks as the 664th largest and most expensive of the 763 postcodes in the L37 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 flats.
L37 3QP is a residential postcode situated on Watchyard Lane, Formby, Liverpool, L37 with 28 addresses.
It ranks as the 664th largest and most expensive of the 763 postcodes in the L37 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 flats.
Sale prices range from £56,950 for 2 bedroom leasehold flats (645 ft2) to £62,893 for 2 bedroom leasehold flats (818 ft2) .
Monthly rental prices range from £392 pcm for 2 bed flats to £401 pcm for 2 bed flats.
The gross rental yield is between 7.6% and 8.3%.
The average value per square foot is £80.
The last sale in L37 3QP sold for £63,000 on 1st June 2023. Since then prices are down an average of 3.0%.
The current average value in the postcode is £60,792.
The L37 3QP Sales Market has increased by 23.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1% | £60,792 |
| April 2025 | -1% | £61,423 |
| April 2024 | -0.8% | £62,055 |
| April 2023 | 6.3% | £62,565 |
| April 2022 | 4.6% | £58,851 |
| April 2021 | 2.2% | £56,275 |
| April 2020 | -0.4% | £55,074 |
| April 2019 | 4.3% | £55,279 |
| April 2018 | 3.3% | £52,995 |
| April 2017 | 4.2% | £51,281 |
| April 2016 | -0.5% | £49,200 |
| April 2015 | 3.3% | £49,458 |
| April 2014 | 1.3% | £47,898 |
| April 2013 | 2.1% | £47,277 |
| April 2012 | -2% | £46,322 |
| April 2011 | -0.7% | £47,271 |
| April 2010 | -2.7% | £47,626 |
| April 2009 | -11.4% | £48,961 |
| April 2008 | 0.1% | £55,234 |
| April 2007 | 0% | £55,204 |
The current average rental value in the postcode is £398.
The L37 3QP Rental Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £398pcm |
| April 2025 | 4.7% | £389pcm |
| April 2024 | 7.4% | £372pcm |
| April 2023 | 4.3% | £346pcm |
| April 2022 | 4.7% | £332pcm |
| April 2021 | 3.3% | £317pcm |
| April 2020 | 3.4% | £307pcm |
| April 2019 | 0.1% | £297pcm |
| April 2018 | 0.9% | £296pcm |
| April 2017 | 0% | £294pcm |
| April 2016 | 2.1% | £294pcm |
| April 2015 | 0.4% | £288pcm |
| April 2014 | 0.9% | £287pcm |
| April 2013 | -0.2% | £284pcm |
| April 2012 | -0.6% | £285pcm |
| April 2011 | 1.9% | £286pcm |
| April 2010 | -4.1% | £281pcm |
| April 2009 | -5.3% | £293pcm |
| April 2008 | 3% | £309pcm |
| April 2007 | 0% | £300pcm |
The last sale was on 1st June 2023 for £63,000 and since then the market in the area has decreased by 3.0%. The postcode has had a total of 26 sales since 1995.
L37 3QP has seen 1 sale in the last three years and no sales in the last twelve months.
L37 3QP is the 664th largest and the most expensive postcode out of the 763 postcodes in the L37 area.
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The closest station to L37 3QP is Freshfield station which is 1.4 kilometres away.
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