A spotlight on Liverpool: Formby is the most searched for location

May 11, 2023
Love or Hate Rightmove
  • All eyes are on Liverpool this week as it hosts the Eurovision Song Contest and new analysis from the UK’s biggest property website Rightmove reveals the latest trends in the city and its surrounding areas
  • Formby is the most searched for location around the Liverpool area, followed by Crosby & Maghull
  • The average asking price for a home in Liverpool is now £208,120, while the average asking rent is £1,000 per calendar month:
    • Average asking prices are up 4%, while average rents are up 7%
  • A bigger proportion of renters are looking to move away from Liverpool in the search of cheaper rents further from the city, while a bigger proportion of buyers are looking to stay
  • See the most viewed home near Liverpool last month: https://www.rightmove.co.uk/properties/129007829#/?channel=RES_BUY

 

 

New data from the UK’s biggest property website Rightmove reveals the latest trends in the city of Liverpool and its surrounding areas as the city hosts the Eurovision Song Contest.

 

Formby is the most searched for location to buy a home around the Liverpool area, followed by Crosby & Maghull.

 

The average asking price for a home in Liverpool is now £208,120, while the average asking rent is £1,000 per calendar month.

 

Average asking prices for a home have risen by 4% in Liverpool over the last year, while rents have risen by 7%.

 

A bigger proportion of buyers are now staying in cities like Liverpool compared with last year, while a bigger proportion of renters are looking outside of cities to find a cheaper place to live or get more for their money further out.

 

Nearly two-thirds (64%) of would-be buyers living in Liverpool are enquiring to see homes within the city, compared to 61% last year.

 

In contrast, while 65% of renters living in Liverpool are looking to move within the city, this is down from 67% last year.

 

The most viewed home near Liverpool during April was in Formby: https://www.rightmove.co.uk/properties/129007829#/?channel=RES_BUY

 

Rightmove’s property expert Tim Bannister said: “Cities like Liverpool have become more popular with buyers again as people find a balance between flexible working patterns and being near to an office space and the amenities of a large city. For renters it’s a slightly different story, as record rents and a shortage of available homes means many renters need to cast their net wider and look outside of cities to find an available home within their budget.”

 

Most searched for locations around Liverpool
Formby
Crosby
Maghull
Woolton
Aigburth
West Derby
Huyton
Allerton
Childwall
Kirkby

 

Rightmove

UK Property news updates shared directly from Rightmove PLC - the country's leading property portal.

You May Also Enjoy

Estate Agents should not all look the same
Estate Agent Talk

When Estate Agents Decide to Go Solo

Leaving an established estate agency to work independently gives experienced agents more control over fees, client service and working hours. It also brings responsibility for compliance, cash flow and every part of the customer experience. Before handing in your notice, test the idea against realistic sales volumes, local competition and the amount of time you…
Read More →
Estate Agent Talk

What Should Buyers Ask Before Reserving a New Build?

Research from Skipton Building Society has found that 44% of aspiring first time buyers would rather buy a new build than an older property, with just 30% favouring an older build. Modern fittings and appliances were the biggest draw, cited by over half of those who preferred a new build, alongside the promise of lower…
Read More →
Breaking News

The UK cities with the largest property price increases revealed

A new study has unveiled the most challenging UK cities for first-time buyers. Newry leads Northern Ireland’s ranking, with a property price increase of 12.8%, while Hull leads Great Britain’s ranking, recording an increase of 6.6%. The research examined data from HM Land Registry to reveal the cities that have faced the highest property price…
Read More →
Breaking News

The UK’s Most Expensive Property Hotspots Revealed

More than one in three homes sold in Camden last year fetched at least £1 million, making it the UK’s leading million-pound property hotspot in a new study of England and Wales. But despite London’s dominance at the top of the rankings, the research reveals a surprising trend: median sale prices in several expensive London…
Read More →
Breaking News

Lloyds House Price Index – October 2026

House prices in October 2026 were 1.2% lower compared to the same month a year earlier. House prices fall in October as market remains subdued • House prices fell by -0.6% in October, following a -0. 1% decrease in September • The average property price is now £29 6 ,285 , compared to £29 8…
Read More →
Breaking News

Britain’s most affordable towns revealed

Britain’s most affordable towns revealed, where homes cost less than two years worth of household earnings   Zoopla reveals 36 British towns where a typical home is worth less than twice the combined annual earnings of two local full-time workers Across Great Britain, a typical home costs 4.3 times annual household earnings, compared with just…
Read More →