Analysis of recent property sales -- official HM Land Registry data
The average house price in L38 (L38 0AA) is £394,694, based on 18 transactions recorded by HM Land Registry. The median price is £343,000, giving a price range from £236,000 to £675,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2025-12-15 | £295,000 | D | 78.0 m² |
| 2025-11-25 | £635,000 | D | 199.0 m² |
| 2025-09-04 | £467,500 | D | 159.0 m² |
| 2025-08-22 | £595,000 | D | 223.0 m² |
| 2025-08-22 | £675,000 | D | 170.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: L38
Across the last twelve months, 18 residential sales in L38 produced a median price of £343k. Individual sales ranged from £236k to £675k, which is a normal spread for a postcode of this size.
The local market is dominated by detached houses, which made up 72% of all sales in the sample, while semi-detached houses accounted for 22%. Detached-house dominance points to lower-density suburban or village character, with meaningfully larger lot sizes than the UK average.
The twelve-month trend is upward: comparing the first half of the window with the second, the median shifted by roughly +76.0%. Monthly transaction counts were uneven, which means any single month's median can move sharply on a handful of sales — the twelve-month view is the more reliable benchmark.
The L38 0AA dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 3.1%, based on ONS regional rents.