The L40 property market is dynamic, with prices differing between areas and over time. If you are looking to understand what is happening in your local area today, try our property market report which is customised to you and will provide an up to date valuation for your property.

The following is an annual summary based on Land Registry data.Detached houses currently fetch an average of £297,021, and flats: £207,000.

L40 Housing Market Summary

Average asking price£434,373

Average sale time14 weeks
Asking price change-1.4%
Average estate agent fee1.1%

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Prices in L40 by house size

Below we've broken property prices down by bedroom size, with average sold prices ranging from £243,738 - £1,200,862 - see what size property you can get with your budget.

House Size	Average sold price July 2026
1 bed	£243,738
2 beds	£224,923
3 beds	£327,221
4 beds	£570,432
5 beds	£1,200,862

How have prices changed?

The current average listing price is £505,540, up by 4.13% since six months ago. The chart below shows the average listing price for properties in L40.

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See how house prices have changed across the UK.

How long do properties take to sell in L40?

On average, properties take 14 weeks to sell in L40. This chart shows the average time property listings are online, before the property goes under offer or is removed from the market.

Find out how long your house would take to sell with our Moving Date estimator

Are properties achieving asking price?

On average, the asking price of properties are reduced by 1.4% in L40. This chart shows the average reduction of asking prices in L40. A good agent will value a property accurately and so shouldn't need to reduce asking price.

Properties for sale in L40

In order to identify the best estate agents in every area, we gather information on every property sale in the UK (including L40!). Here's a snapshot of the latest properties to buy in L40.

Activity

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About L40 house prices

The average asking price for a property in L40 is currently £434,373. Properties in L40 are spending an average of 14 weeks on the market before going under offer. Average listing prices in L40 have moved by 4.1% over the past six months.

L40 property prices by bedroom count

Property prices in L40 vary by bedroom count. The table above shows average prices for different property sizes based on the latest local market data available to GetAgent.

What affects house prices in L40?

House prices in L40 are influenced by location, proximity to schools and transport links, property size and condition, and broader local market conditions. Prices can vary significantly within a postcode area, so it is worth comparing current asking prices with completed-sale records from HM Land Registry.

Sell your home in L40

If you are considering selling in L40, understanding local sold prices is the starting point. The agent you choose has a direct impact on the price you actually achieve. GetAgent's comparison tool shows the performance of local estate agents in L40 - including average sale time, percentage of asking price achieved and verified customer reviews - based on real completed sales.

House prices in L40 - frequently asked questions

What is the average house price in L40?

The average asking price for a property in L40 is currently £434,373 based on GetAgent's market data. The table above shows the latest breakdown by property size.

Are house prices rising in L40?

Average listing prices in L40 have moved by 4.1% over the past six months according to GetAgent's data. For historical sold-price records, HM Land Registry publishes official completed-sale data.

How long does it take to sell a house in L40?

Properties in L40 are currently spending an average of 14 weeks on the market before going under offer, according to GetAgent's data. Sale times vary depending on the exact location, property type, asking price and the estate agent instructed.

Where can I find sold house prices in L40?

Sold house prices in L40 are published by HM Land Registry, which records completed residential sales in England and Wales. GetAgent displays this data alongside local market context on this page, updated monthly.

How do I value my home in L40?

The best way to understand what your home is worth in L40 is to combine an online valuation with in-person valuations from local estate agents. GetAgent's free online valuation tool gives an instant estimate based on sold prices and local market activity.

Estate agents

43 estate agents have listed properties for sale in L40 in the last 6 months. See which estate agents could get you the best price, along with reviews from people who've worked with them recently. Compare all estate agents in L40.

Explore house prices in postcodes near L40

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Useful Resources

Instant online house valuation

Compare estate agents

Cost of selling a house

Latest Market Update

How to sell your house

Estate Agents in L40

What not to fix when selling a house

How much
is your home worth?

It’s always worth knowing the value of your home. Discover the price of your property with an instant valuation. GetAgent tracks the figures, so you don’t have to.

How much
is your home worth?

It’s always worth knowing the value of your home. Discover the price of your property with an instant valuation. GetAgent tracks the figures, so you don’t have to.