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L40 House Prices & Property Market

Sold-price evidence and a 9-signal market rating for the L40 postcode district, built from HM Land Registry, Bank of England, RICS, ONS and planning data. Index last computed Aug 2026.

46.96

Index / 100

Balanced

The L40 market is broadly balanced. Neither buyers nor sellers hold a significant advantage. Conditions are relatively stable, though mortgage affordability is showing mild signs of warming.

Median sold price

£230,000

+23.4% year on year

Sales last month

3

HM Land Registry

L40 sold price trend

MonthMedian priceSalesYoY
Jul 2025£210,00029
Aug 2025£290,00033
Sept 2025£335,0003
Oct 2025£321,5004
Nov 2025£340,0001
Dec 2025£231,0004
Jan 2026£410,0003-18.4%
Feb 2026£410,00019+35.5%
Mar 2026£395,0002+47.8%
Apr 2026£375,0003+1.0%
May 2026£249,9999-9.9%
Jun 2026£230,0003+23.4%

Source: HM Land Registry Price Paid Data. Months with few transactions can swing sharply.

What's driving the L40 rating

Price Momentum60
Supply & Demand0
Mortgage Affordability79
Sales Velocity50
Surveyor Sentiment50
Rental Yield50
New Listings Volume50
Planning Pipeline50
Local Employment50

Each signal scored 0–100 against 10 years of history. Full methodology.

Go deeper on L40

See street-level sold prices, an evidence-backed valuation range for your property, comparables and EPC £/sqft. Free to start.

L40 property market FAQs

What is the average house price in L40?

The median sold price in L40 is £230,000, based on HM Land Registry transactions, +23.4% year on year.

Is L40 a buyer's or seller's market right now?

L40 currently scores 46.96/100 on our 9-signal market index, placing it in the "Balanced" band. The L40 market is broadly balanced. Neither buyers nor sellers hold a significant advantage. Conditions are relatively stable, though mortgage affordability is showing mild signs of warming.

How long do homes take to sell in L40?

We don't currently have days-on-market data for L40.

Where does this data come from?

Sold prices come from HM Land Registry Price Paid Data. The market index combines 9 signals including price momentum, supply and demand, sales velocity, RICS surveyor sentiment, rental yield, planning pipeline and local employment. See our methodology page for full details.

Nearby postcode districts

L6 · 59L2 · 57L4 · 56L12 · 55L3 · 55L34 · 55L39 · 54L23 · 54

Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Figures are indicative market statistics, not a formal valuation. Methodology.