Postcode District:
L1
Postcode District Name:
Liverpool
Location:
The L1 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Central, Liverpool, Princes Park, Riverside.
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Amenities:
Notes:
If you have any comments about L1 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about L1" section.
A Mouseprice property guide for L1 Liverpool is coming soon. In the meantime, please have a look at the raw data and statistics about L1 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
 The size of the property market in L1 is 1308 homes.
Given that the nominal growth rate in this postcode district (L1) has been about 15.5% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
The average property in this postcode district was valued at £169686 over the last 3 months.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 8.1.
New transactions as a percentage of overall sales are 58.8%.
Housing stock:
Over half of the properties in the area are Flats, at 50.2% of the total housing stock.
For those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 2.9% are this type.
The property in this area caters well for retirees and young couples who do not have large families.
A high proportion of property in this area is socially rented.
A lower than average proportion of property in this area is owner occupied. This suggests that there is a very healthy rental market.
The average price of a two bed property in this area is less that the national average of £187894 at £174429.
Who lives here:
The population of this postcode district is 2783.
This is one of the youngest places in the country, with an average age of 26.
Single people make up 67.9% of the population in this postcode district.
Average working hours in this area for men are 37 and for women are 30.
This area has 21.3 people per square kilometre.
This area has high unemployment at 7.1%. Those in work tend to find jobs in the Wholesale & Retail or Construction sectors.
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