Oak Drive - L40 5BU
Key Postcode Insights
L40 5BU is a residential postcode situated on Oak Drive, Burscough, Ormskirk, L40 with 5 addresses.
It ranks as the 92nd largest and 332nd most expensive of the 554 postcodes in the L40 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £369,790
- 10 Year change
- up 41.8%
- Ave. Rental Price
- £1,506pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £298/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
L40 5BU is a residential postcode situated on Oak Drive, Burscough, Ormskirk, L40 with 5 addresses.
It ranks as the 92nd largest and 332nd most expensive of the 554 postcodes in the L40 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £369,790
- 10 Year change
- up 41.8%
- Ave. Rental Price
- £1,506pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £298/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin L40 5BU
- 1 Oak Mews Oak Drive
4 Bed Modern House
- 2 Oak Mews Oak Drive
4 Bed Modern House
- 3 Oak Mews Oak Drive
3 Bed Modern House
- 4 Oak Mews Oak Drive
3 Bed Modern House
- 5 Oak Mews Oak Drive
4 Bed Modern House
Sales Market Trends
The last sale in L40 5BU sold for £345,000 on 7th August 2023. Since then prices are up an average of 4.7%.
The current average value in the postcode is £369,790.
The L40 5BU Sales Market has increased by 41.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £369,790 |
| June 2025 | 2.2% | £365,880 |
| June 2024 | 2% | £358,001 |
| June 2023 | 1.9% | £351,115 |
| June 2022 | 8.1% | £344,704 |
| June 2021 | 4.6% | £318,836 |
| June 2020 | 6.3% | £304,741 |
| June 2019 | 0.3% | £286,628 |
| June 2018 | 6.9% | £285,635 |
| June 2017 | 2.5% | £267,280 |
| June 2016 | 0.4% | £260,802 |
| June 2015 | 3% | £259,877 |
| June 2014 | 5.3% | £252,358 |
| June 2013 | -2.2% | £239,609 |
| June 2012 | 3.3% | £244,891 |
| June 2011 | -4.3% | £237,138 |
| June 2010 | 1.6% | £247,671 |
| June 2009 | -5.8% | £243,835 |
| June 2008 | 0.5% | £258,886 |
| June 2007 | 0% | £257,533 |
Rental Market Trends
The current average rental value in the postcode is £1,506.
The L40 5BU Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,506pcm |
| June 2025 | 7.3% | £1,467pcm |
| June 2024 | 5.3% | £1,367pcm |
| June 2023 | 10.7% | £1,298pcm |
| June 2022 | 6.7% | £1,173pcm |
| June 2021 | 7.6% | £1,099pcm |
| June 2020 | -0.2% | £1,022pcm |
| June 2019 | 0.4% | £1,024pcm |
| June 2018 | 1.9% | £1,020pcm |
| June 2017 | -0.7% | £1,001pcm |
| June 2016 | 4.2% | £1,008pcm |
| June 2015 | 1.4% | £968pcm |
| June 2014 | 0.9% | £954pcm |
| June 2013 | 0.2% | £946pcm |
| June 2012 | -0.7% | £944pcm |
| June 2011 | 2.6% | £950pcm |
| June 2010 | 1.9% | £926pcm |
| June 2009 | -2.4% | £909pcm |
| June 2008 | -1.4% | £932pcm |
| June 2007 | 0% | £945pcm |
Sales History
The last sale was on 7th August 2023 for £345,000 and since then the market in the area has increased by 4.7%. The postcode has had a total of 6 sales since 1995.
L40 5BU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£345,000 | 3 Bed House4 Oak Mews, Oak Drive, Ormskirk, L40 5BU4 Oak Mews, Oak Drive, Ormskirk, L40 5BU
- Sold Dec 2016£244,995 | 3 Bed House3 Oak Mews, Oak Drive, Ormskirk, L40 5BU3 Oak Mews, Oak Drive, Ormskirk, L40 5BU
- Sold Dec 2016£284,995 | 4 Bed House5 Oak Mews, Oak Drive, Ormskirk, L40 5BU5 Oak Mews, Oak Drive, Ormskirk, L40 5BU
- Sold Dec 2016£244,995 | 3 Bed House4 Oak Mews, Oak Drive, Ormskirk, L40 5BU4 Oak Mews, Oak Drive, Ormskirk, L40 5BU
- Sold Nov 2016£269,995 | 4 Bed House2 Oak Mews, Oak Drive, Ormskirk, L40 5BU2 Oak Mews, Oak Drive, Ormskirk, L40 5BU
Nearby Postcodes
L40 5BU is the 92nd largest and the 332nd most expensive postcode out of the 554 postcodes in the L40 area.
- L40 5BW, Primrose Close, Burscough, Ormskirk, L40L40 5BW7 Addresses|30 m away
- L40 5BR, Ivy Close, Burscough, Ormskirk, L40L40 5BR15 Addresses|55 m away
- L40 5BQ, Oak Drive, Burscough, Ormskirk, L40L40 5BQ12 Addresses|75 m away
- L40 5BT, Delph Drive, Burscough, Ormskirk, L40L40 5BT4 Addresses|76 m away
- L40 5BX, Orchid Way, Burscough, Ormskirk, L40L40 5BX6 Addresses|106 m away
Property Types
- 5 modern houses built after 1980
- modern house (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (5)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2025£575,000 | 4 Bed House15, Oak Drive, Ormskirk, L40 5BQ15, Oak Drive, Ormskirk, L40 5BQ
- Sold Sep 2021£485,000 | 4 Bed House15, Oak Drive, Ormskirk, L40 5BQ15, Oak Drive, Ormskirk, L40 5BQ
- Sold Aug 2023£345,000 | 3 Bed House4 Oak Mews, Oak Drive, Ormskirk, L40 5BU4 Oak Mews, Oak Drive, Ormskirk, L40 5BU
Schools Nearby
- Burscough Lordsgate Township Church of England Primary School800 m away
- Burscough Village Primary School800 m away
- Burscough Bridge St John's Church of England Primary School800 m away
- Burscough Priory Academy1.0 km away
- Ormskirk School4.0 km away
- Lathom High School : A Technology College4.8 km away
More reading links
Public Transport Nearby
The closest station to L40 5BU is Burscough Junction station, which is 500 metres away.
- Burscough Junction|500 m away
- Burscough Bridge|1.1 km away
- Hoscar|1.9 km away
- New Lane|2.8 km away