L37 vs PR8: house prices per square metre compared
L37 (Formby) has a median of £3,150 per m² against £2,390 in PR8 (Birkdale). L37 is the more expensive of the two: PR8 is 24.1% cheaper per m². The figures come from 269 and 650 matched sales in the last 12 months of HM Land Registry data.
£327,500, the median sale price in L37, buys about 104 m² there and about 137 m² in PR8, a difference of 33 m² at each district’s own median. Over the 10 years to Q1 2026, PR8 moved +4.0% a year against L37 at +3.5% a year, before inflation.
Sales in the last 12 months.
| Measure | L37High confidence Formby, Liverpool £3,150median per m² | PR8High confidence Birkdale, Southport £2,390median per m² | Difference |
|---|---|---|---|
| Median price per m² | £3,150 | £2,390 | −24.1% |
| Median sale price | £327,500 | £238,500 | −27.2% |
| Middle 60% of salesp20 to p80 | £2,580–£3,790 | £1,900–£2,940 | |
| Sales (last 12 months) | 295 | 700 | +405 |
| With a matched floor areaThe denominator behind each median per unit area | 269 | 650 | +381 |
| Mean floor area (matched sales) | 116 m² | 109 m² | −6.0% |
| Annual change over 9.8 years | +3.5% a year | +4.0% a year | +0.5 pts |
| By property typeMedian price per m² for each property type sold in the last 12 months. | |||
| Detached | £3,350n = 100 | £2,920n = 144 | −12.8% |
| Semi-detached | £3,080n = 123 | £2,360n = 324 | −23.4% |
| Terraced | no sales | £2,080n = 55 | n/a |
| Flat | no sales | £2,070n = 127 | n/a |
| Difference: L37 minus PR8. | |||
| All L37 sold prices | All PR8 sold prices |
Each trend line is that district’s own quarterly median price per square metre, scaled to its own range: compare directions, not heights. Gaps are quarters with too few matched sales to publish a median.
Frequently asked questions
Why compare L37 and PR8 on price per square metre rather than price?
A raw sale price mostly reflects how big homes are; price per square metre corrects for size, so L37 and PR8 can be compared on what a buyer actually gets for the money. Both figures here are medians of sold price divided by EPC floor area, from HM Land Registry sales, computed the same way for both areas.
Why do L37 and PR8 show different numbers of sales?
The two districts are different sizes and trade at different rates, and each figure is computed over the matched sales its own area produced in its stated window. The matched-sale count is printed beside each median because it is that median's own denominator.
Compare other areas
Or browse the league tables for the most expensive and best value districts, every comparison page, or the free dataset behind these figures.
Contains HM Land Registry data © Crown copyright and database right 2026 · Licensed under the Open Government Licence v3.0 · Floor areas from the Energy Performance of Buildings Register · how these figures are made