Richmond Avenue - L40 7RB
Key Postcode Insights
L40 7RB is a residential postcode situated on Richmond Avenue, Burscough, Ormskirk, L40 with 46 addresses.
It ranks as the 519th largest and 96th most expensive of the 554 postcodes in the L40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 46 properties: 46 houses.
- Ave. Sale Price
- £235,400
- 10 Year change
- up 42.5%
- Ave. Rental Price
- £1,255pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £233/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
L40 7RB is a residential postcode situated on Richmond Avenue, Burscough, Ormskirk, L40 with 46 addresses.
It ranks as the 519th largest and 96th most expensive of the 554 postcodes in the L40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 46 properties: 46 houses.
- Ave. Sale Price
- £235,400
- 10 Year change
- up 42.5%
- Ave. Rental Price
- £1,255pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £233/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin L40 7RB
- 2 Richmond Mews Richmond Avenue
3 Bed Modern House
- 4 Richmond Mews Richmond Avenue
3 Bed Mid-century House
- 1 Richmond Avenue
4 Bed Modern House
- 5 Richmond Avenue
3 Bed Modern House
- 7 Richmond Avenue
Unknown
Sales Market Trends
The last sale in L40 7RB sold for £255,000 on 2nd March 2026. Since then prices are up an average of 1.5%.
The current average value in the postcode is £235,400.
The L40 7RB Sales Market has increased by 42.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £235,400 |
| June 2025 | 2.4% | £232,458 |
| June 2024 | 2.1% | £227,081 |
| June 2023 | 1.9% | £222,475 |
| June 2022 | 8.2% | £218,368 |
| June 2021 | 4.7% | £201,743 |
| June 2020 | 6.4% | £192,706 |
| June 2019 | 0.3% | £181,174 |
| June 2018 | 6.8% | £180,685 |
| June 2017 | 2.4% | £169,243 |
| June 2016 | 0.4% | £165,249 |
| June 2015 | 2.7% | £164,539 |
| June 2014 | 5.3% | £160,141 |
| June 2013 | -2.1% | £152,084 |
| June 2012 | 3.3% | £155,363 |
| June 2011 | -4.5% | £150,448 |
| June 2010 | 1.4% | £157,560 |
| June 2009 | -6.2% | £155,414 |
| June 2008 | 0.4% | £165,772 |
| June 2007 | 0% | £165,130 |
Rental Market Trends
The current average rental value in the postcode is £1,255.
The L40 7RB Rental Market has increased by 50.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,255pcm |
| June 2025 | 7.5% | £1,221pcm |
| June 2024 | 5.4% | £1,136pcm |
| June 2023 | 10.7% | £1,078pcm |
| June 2022 | 6.9% | £974pcm |
| June 2021 | 7.7% | £911pcm |
| June 2020 | -0.2% | £846pcm |
| June 2019 | 0.3% | £847pcm |
| June 2018 | 1.7% | £845pcm |
| June 2017 | -0.7% | £831pcm |
| June 2016 | 4.3% | £837pcm |
| June 2015 | 1.2% | £802pcm |
| June 2014 | 0.8% | £793pcm |
| June 2013 | 0.2% | £786pcm |
| June 2012 | -0.8% | £784pcm |
| June 2011 | 2.4% | £790pcm |
| June 2010 | 1.7% | £772pcm |
| June 2009 | -2.8% | £759pcm |
| June 2008 | -1.7% | £781pcm |
| June 2007 | 0% | £794pcm |
Sales History
The last sale was on 2nd March 2026 for £255,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 45 sales since 1995.
L40 7RB has seen 7 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£255,000 | 3 Bed House65, Richmond Avenue, Ormskirk, L40 7RB65, Richmond Avenue, Ormskirk, L40 7RB
- Sold Jun 2025£205,000 | 3 Bed House55, Richmond Avenue, Ormskirk, L40 7RB55, Richmond Avenue, Ormskirk, L40 7RB
- Sold Feb 2025£200,000 | 3 Bed House31, Richmond Avenue, Ormskirk, L40 7RB31, Richmond Avenue, Ormskirk, L40 7RB
- Sold Feb 2025£305,000 | 4 Bed House27, Richmond Avenue, Ormskirk, L40 7RB27, Richmond Avenue, Ormskirk, L40 7RB
- Sold Jul 2023£330,000 | 3 Bed House2 Richmond Mews, Richmond Avenue, Ormskirk, L40 7RB2 Richmond Mews, Richmond Avenue, Ormskirk, L40 7RB
Nearby Postcodes
L40 7RB is the 519th largest and the 96th most expensive postcode out of the 554 postcodes in the L40 area.
- L40 7RL, Elm Road, Burscough, Ormskirk, L40L40 7RL32 Addresses|66 m away
- L40 7RD, Richmond Avenue, Burscough, Ormskirk, L40L40 7RD47 Addresses|77 m away
- L40 7RJ, Elm Road, Burscough, Ormskirk, L40L40 7RJ28 Addresses|90 m away
- L40 7XB, Coach House Court, Burscough, Ormskirk, L40L40 7XB14 Addresses|117 m away
- L40 7UA, Richmond Avenue, Burscough, Ormskirk, L40L40 7UA21 Addresses|135 m away
Property Types
- 3 modern houses built after 1980
- 26 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 2 early-century houses built between 1912 and 1935
- 13 other addresses of unknown type
- modern house (3)
- mid-century house (26)
- house (2)
- early-century house (2)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (4)
- F (0)
- C (14)
- G (0)
- D (12)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Jul 2023£330,000 | 3 Bed House2 Richmond Mews, Richmond Avenue, Ormskirk, L40 7RB2 Richmond Mews, Richmond Avenue, Ormskirk, L40 7RB
- Sold Feb 2025£305,000 | 4 Bed House27, Richmond Avenue, Ormskirk, L40 7RB27, Richmond Avenue, Ormskirk, L40 7RB
- Sold Feb 2025£295,000 | 3 Bed HouseArlon, Richmond Avenue, Ormskirk, L40 7RDArlon, Richmond Avenue, Ormskirk, L40 7RD
Schools Nearby
- Burscough Lordsgate Township Church of England Primary School300 m away
- St John's Catholic Primary School, Burscough400 m away
- Burscough Village Primary School900 m away
- Burscough Priory Academy800 m away
- Ormskirk School3.5 km away
- Lathom High School : A Technology College5.0 km away
More reading links
Public Transport Nearby
The closest station to L40 7RB is Burscough Junction station, which is 400 metres away.
- Burscough Junction|400 m away
- Burscough Bridge|1.2 km away
- Hoscar|2.5 km away
- New Lane|2.5 km away
