Liverpool Property Investment | If you already know why Liverpool is a great place for property investment, this article provides a thorough overview of property prices, rental trends, and forecasts for 2024 and beyond.
What Is The Average Property Price In Liverpool In 2024?
As of November 2024, the average property price in Liverpool stands at £188,744, according to the latest data from the Land Registry. This represents a modest increase of 5.2% compared to June 2023, reflecting Liverpool’s steady growth trajectory over the past decade.
Over the past ten years, property values in Liverpool have risen significantly, up by 54.5% from £113,846 in June 2014. Major development projects, such as the £5.5 billion Liverpool Waters regeneration scheme, and ongoing enhancements to city infrastructure drive this substantial appreciation.
These investments are not only revitalising the city but also reinforcing Liverpool’s attractiveness as a destination for property investment.
The combination of steady price increases and significant regeneration projects underscores Liverpool’s strong investment potential. For investors, this presents opportunities for capital growth in a favourable market environment, that is expected to continue delivering positive returns in the coming years.
How Does Liverpool Property Price Compare To Other UK Cities In 2024?
With an average property price of £188,744, Liverpool stands out as significantly more affordable compared to other major UK cities. For instance, Manchester’s average property price is £255,835, while in London, it reaches £511,279. Notably, Birmingham’s average price is also substantial at £240,835.
This relative affordability, coupled with Liverpool’s ongoing development and regeneration projects, positions the city as a highly attractive option for property investors. Liverpool offers a compelling balance between cost and growth potential. The city’s lower entry price provides investors with a unique opportunity to achieve substantial returns on investment.
Liverpool’s property market presents a promising landscape for both domestic and international investors, with the potential for capital appreciation and strong rental yields. The combination of affordability and favourable market conditions makes Liverpool a standout choice for those seeking solid investment opportunities in the UK property sector.
Recent Trends In Liverpool Property Prices
Liverpool has seen a robust increase in property prices over the past decade. As summarised below, the steady rise highlights the city’s long-term investment potential:
| Year | Avg. Price (At June) | Annual % Increase |
| 2014 | £113,846 | 5.15% |
| 2015 | £115,462 | 1.42% |
| 2016 | £119,708 | 3.68% |
| 2017 | £123,980 | 3.57% |
| 2018 | £129,473 | 4.43% |
| 2019 | £132,780 | 2.55% |
| 2020 | £137,383 | 3.47% |
| 2021 | £162,904 | 18.60% |
| 2022 | £173,630 | 6.60% |
| 2023 | £170,102 | -2.00% |
| 2024 | £188,744 | 5.20% |
| % Increase Over 10 Years | 54.50% |
Source: Land Registry
This data highlights a notable 54.5% increase in property values over the past decade, reflecting a strong upward trend. While there was a slight dip in 2023, the recovery in 2024 indicates a resilient market with ongoing potential for growth.
The consistent rise in property prices, coupled with significant regeneration projects and infrastructural improvements, enhances Liverpool’s attractiveness as an investment destination. Investors can benefit from the city’s solid performance and promising long-term prospects, making it an appealing option for those looking to capitalise on a growing property market.
Liverpool Economic Forecast In 2024
Growth might be tempered by external factors like trade barriers and global uncertainties. Despite this, Liverpool’s economy benefits from strong sectors such as digital technologies, healthcare, and manufacturing. These robust sectors enhance Liverpool’s appeal as a promising destination for long-term investments. Investors can expect substantial returns as these key sectors continue to develop.
Liverpool Supply And Demand In 2024
This ongoing discrepancy between supply and demand creates an advantageous environment for property investment. The persistent shortage of new housing contributes to upward pressure on property prices and rental rates.
As the demand for residential properties remains high, investors can capitalise on potential value appreciation and attractive rental yields. Liverpool’s current market dynamics make it a promising location for long-term investment, offering the potential for substantial returns as the city continues to expand and develop.
Liverpool Property Market Predictions 2024 And Beyond
The property market in Liverpool is expected to see steady growth over the coming years, driven by a combination of factors including limited housing supply and ongoing infrastructure enhancements. This favourable market condition presents significant opportunities for both local and international investors.
The city’s significant investment in infrastructure and development projects will further boost property values. With a constrained supply of new housing, demand remains high, contributing to positive trends in property appreciation.
Liverpool’s evolving market conditions offer promising prospects for investors seeking strong capital growth and a rewarding investment environment. As the city continues to develop and attract investment, the potential for substantial returns remains strong.
Liverpool Rental Market Predictions 2024 And Beyond
Liverpool’s rental market remains strong and attractive, offering some of the highest rental yields in the UK. The combination of strong tenant demand and a limited supply of new housing contributes to a favourable environment for rental investors.
The average gross rental yield in the UK currently stands at 5.60%, however, our investment properties in Liverpool consistently deliver rental yields of at least 6-7%, some of them even exceeding 10%.
For more information or tailored advice, please contact one of our investment experts at +44 (0)151 433 9300 or via email at contact@advantageinvestment.co.uk.
