Analysis of recent property sales -- official HM Land Registry data
The average house price in L48 (L48 0QU) is £137,871, based on 318 transactions recorded by HM Land Registry. The median price is £110,250, giving a price range from £10,000 to £2,000,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-16 | £174,950 | T | 75.0 m² |
| 2026-01-16 | £184,000 | T | 74.0 m² |
| 2026-01-12 | £94,000 | T | 88.0 m² |
| 2026-01-09 | £115,000 | T | 84.0 m² |
| 2026-01-09 | £118,000 | T | 80.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: L48
L48 saw 318 residential sales complete over the twelve-month window, a busy level of activity that makes the local price benchmarks more reliable than in thinner markets. Individual sales ranged from £10k to £2.00m, which is a normal spread for a postcode of this size.
The local market is dominated by terraced houses, which made up 79% of all sales in the sample. A terraced-house majority usually reflects Victorian or Edwardian stock — long runs of three- or four-storey houses that rarely come to market vacant.
The twelve-month trend is upward: comparing the first half of the window with the second, the median shifted by roughly +3.1%. Monthly volume was fairly consistent, giving the trend line a reliable shape.
Liquidity in L48 0QU is healthy: the high sale count makes it easier to benchmark a specific property against genuinely recent comparables rather than extrapolating from older deals. On the rental side, the estimated gross yield on a median-priced property here is around 9.8%, based on ONS regional rents.