Liverpool, known for its rich cultural heritage and dynamic waterfront, has seen remarkable growth in various suburbs over the past 14 years. This article highlights the top 10 areas in Liverpool where property prices have soared between 2010 and 2024. Ranked from the most to the least increase within this top 10, we will explore why these suburbs have become some of the most desirable places to live and invest in the city.
1. Aigburth
Property Price Growth: 2010-2024
Aigburth has witnessed an incredible property price increase from 2010 to 2024, making it the fastest-growing suburb in Liverpool. Located south of the city centre, Aigburth combines the charm of riverside living with excellent amenities.
Why the Growth?
Aigburth’s popularity has soared due to its proximity to Sefton Park, one of Liverpool’s most beautiful green spaces, and its vibrant Lark Lane area, which is filled with independent cafes, restaurants, and shops. The suburb’s Victorian terraces and period properties have attracted professionals and families alike, drawn by the blend of scenic views, strong community spirit, and easy access to the city centre via public transport. The area’s schools are also highly rated, making it a desirable location for families looking to settle in Liverpool.
2. Allerton
Property Price Growth: 2010-2024
Allerton has seen significant property price rises making it one of the most sought-after suburbs in Liverpool’s south.
Why the Growth?
Allerton’s growth can be attributed to its high-quality housing stock, including spacious detached and semi-detached homes, which have attracted a steady influx of middle-class families. The area boasts excellent schools, parks, and amenities, including the popular Allerton Road, known for its array of shops, restaurants, and bars. Additionally, its proximity to Liverpool John Lennon Airport and major road networks makes Allerton an attractive option for professionals who travel frequently. The area’s reputation for safety and community spirit has further enhanced its appeal, driving significant growth in property prices.
3. Woolton
Property Price Growth: 2010-2024
Woolton, a leafy suburb in South Liverpool. Known for its village-like atmosphere, Woolton has become one of the city’s most desirable residential areas.
Why the Growth?
Woolton’s appeal lies in its picturesque surroundings, historic landmarks, and strong community vibe. The suburb is home to several heritage sites, including Woolton Hall and St. Peter’s Church, where The Beatles’ John Lennon and Paul McCartney first met. The village centre offers a range of independent shops, cafes, and restaurants, while the nearby Calderstones Park provides ample green space. The combination of excellent schools, low crime rates, and easy access to both the city centre and the countryside has made Woolton a magnet for families and retirees, leading to a steady rise in property prices.
4. Childwall
Property Price Growth: 2010-2024
Childwall has seen a significant property price. Located in South Liverpool, Childwall is known for its quiet, family-friendly environment.
Why the Growth?
Childwall’s growth is driven by its reputation as a safe and stable residential area with excellent schools, including Childwall Sports & Science Academy. The suburb features a mix of housing, from traditional semi-detached homes to modern developments, appealing to a wide range of buyers. Childwall’s green spaces, such as Childwall Woods and Calderstones Park, add to its appeal, offering residents a tranquil environment while still being within easy reach of the city centre. The area’s strong community ties and well-maintained public spaces have also contributed to its desirability, resulting in a substantial increase in property prices.
5. Wavertree
Property Price Growth: 2010-2024
This central Liverpool suburb has become increasingly popular among young professionals and families.
Why the Growth?
Wavertree’s appeal lies in its central location, offering easy access to both the city centre and the Knowledge Quarter, home to several universities and research institutions. The area has a diverse housing stock, including affordable Victorian terraces and larger family homes, making it attractive to a wide range of buyers. Wavertree’s popular parks, such as Wavertree Playground and Wavertree Botanic Gardens, provide ample recreational opportunities. Additionally, the area’s growing number of independent cafes, restaurants, and shops, particularly along Smithdown Road, have enhanced its reputation as a vibrant and up-and-coming suburb, driving property prices upward.
6. Mossley Hill
Property Price Growth: 2010-2024
This South Liverpool suburb is known for its affluent feel and attractive housing options.
Why the Growth?
Mossley Hill’s growth has been fuelled by its picturesque streets, excellent schools, and close proximity to Sefton Park. The area’s Victorian and Edwardian homes are highly sought after by professionals and families who value the blend of suburban tranquillity and urban convenience. The local amenities, including the popular Penny Lane and Allerton Road, offer a variety of shops, restaurants, and cafes that cater to the area’s affluent residents. Mossley Hill’s strong transport links, including easy access to Liverpool Lime Street Station, have also contributed to its rising property prices, making it one of Liverpool’s most desirable suburbs.
7. Crosby
Property Price Growth: 2010-2024
Crosby, a coastal suburb north of Liverpool. Known for its stunning beaches and family-friendly environment, Crosby has become a top choice for those looking to escape the city’s hustle and bustle.
Why the Growth?
Crosby’s appeal lies in its coastal location, offering residents access to beautiful beaches and outdoor activities, including the famous Antony Gormley art installation, “Another Place.” The suburb’s excellent schools, such as Merchant Taylors’ School, and its vibrant community have made it a popular choice for families. Additionally, Crosby’s proximity to Liverpool city centre, coupled with its more relaxed, seaside atmosphere, has attracted buyers looking for a balance between city and coastal living. The ongoing regeneration of nearby areas, such as the Liverpool Waters project, has further boosted Crosby’s property market, leading to significant price increases.
8. West Derby
Property Price Growth: 2010-2024
This historic suburb, located in the north-east of Liverpool, is known for its village-like feel and strong community ties.
Why the Growth?
West Derby’s growth can be attributed to its charming character, with well-preserved historic buildings, green spaces like Croxteth Country Park, and a strong sense of community. The area’s mix of affordable and mid-range housing has made it an attractive option for first-time buyers and families looking for value without compromising on lifestyle. West Derby’s local amenities, including independent shops, traditional pubs, and good schools, have added to its appeal, making it a steadily growing suburb in Liverpool’s real estate market.
9. Anfield
Property Price Growth: 2010-2024
Known primarily for its iconic football stadium, Anfield has undergone significant regeneration in recent years.
Why the Growth?
Anfield’s property market has been revitalized by the extensive regeneration projects aimed at improving housing and local amenities. The area around Anfield Stadium has seen the development of new homes, community spaces, and improved infrastructure, attracting both investors and residents. The ongoing transformation of Anfield has not only enhanced the area’s appeal but also significantly boosted property prices. The proximity to Liverpool city centre and the passionate community spirit surrounding Liverpool FC have also contributed to Anfield’s growing popularity as a residential area.
10. Garston
Property Price Growth: 2010-2024
Located near the River Mersey, Garston has seen steady growth due to its strategic location and affordable housing options.
Why the Growth?
Garston’s growth is driven by its location near Liverpool’s southern industrial areas, making it an attractive option for workers seeking affordable housing close to their place of employment. The suburb’s proximity to Liverpool John Lennon Airport and major road networks has also made it a convenient location for professionals who travel frequently. Over the past decade, Garston has benefited from various regeneration efforts, including the redevelopment of its waterfront and the introduction of new residential developments. The area offers a mix of housing types, from traditional terraces to modern apartments, appealing to both first-time buyers and investors. Additionally, Garston’s affordability compared to other Liverpool suburbs has attracted buyers looking for value, leading to a steady increase in property prices.
Conclusion: Liverpool’s Emerging Property Hotspots
Liverpool’s property market has shown remarkable resilience and growth over the past 14 years, with certain suburbs experiencing significant increases in property prices. The top 10 areas highlighted in this article have not only seen substantial financial appreciation but have also undergone transformations that make them highly desirable places to live.
Several factors have driven this growth, including:
- Regeneration and Development Projects: Many of Liverpool’s fastest-growing suburbs have benefited from significant regeneration efforts, which have revitalized local communities and improved living conditions. Areas like Anfield and West Derby have seen substantial investment in housing and infrastructure, attracting new residents and driving up property prices.
- Proximity to Green Spaces: Suburbs like Aigburth and Mossley Hill, which are close to Sefton Park and other green spaces, have become increasingly popular among families and professionals looking for a balance between urban living and nature. Access to parks and outdoor recreation has been a key factor in these areas’ property price growth.
- Cultural and Historical Appeal: Suburbs with strong cultural or historical ties, such as Woolton and West Derby, have retained their charm and appeal, attracting buyers who value the unique character of these areas. The preservation of historic buildings and the presence of community-driven events have helped to maintain high demand in these neighbourhoods.
- Quality of Schools: Areas with excellent schools, such as Allerton and Crosby, have seen strong demand from families looking to provide their children with the best education possible. The presence of high-performing schools has been a major draw for buyers, contributing to property price increases in these suburbs.
- Affordability: Despite the overall growth in property prices, some areas like Garston and Wavertree remain relatively affordable compared to other parts of Liverpool. This affordability has attracted first-time buyers and investors looking for long-term value, ensuring steady growth in these areas.
- Access to Employment Hubs: Suburbs with good transport links and proximity to employment centres, such as Wavertree and Garston, have seen increased demand from professionals looking for convenient commutes. The development of new infrastructure, including road and rail links, has further enhanced the appeal of these areas.
- Community Spirit and Safety: Suburbs like Woolton and Childwall, known for their strong community spirit and low crime rates, have become magnets for families seeking a safe and welcoming environment. These factors have helped to sustain demand and drive up property prices over the years.
- Coastal and Riverside Living: Coastal suburbs like Crosby have seen a surge in popularity due to their scenic locations and access to the beach. The desire for waterfront living, combined with the development of new amenities, has made these areas highly desirable, leading to significant property price growth.
- Economic Stability and Growth: Liverpool’s broader economic resilience has played a crucial role in the growth of its property market. The city’s ongoing regeneration, investment in infrastructure, and stable employment rates have created a positive environment for property investment, with many suburbs benefiting from this overall economic health.
- Long-Term Investment Potential: Many of the suburbs that have seen the most significant growth were identified early on as areas with strong investment potential. Savvy investors who recognized the opportunities presented by regeneration projects and other growth drivers have reaped substantial rewards as property prices in these areas have continued to rise.
Looking Ahead: The Future of Liverpool’s Property Market
As Liverpool continues to develop and evolve, the property market in these top 10 suburbs is likely to remain strong. However, as prices rise, potential buyers and investors may need to look beyond these areas to find the next emerging hotspots. Keeping an eye on upcoming regeneration projects, new infrastructure developments, and shifts in community demographics will be key to identifying where the next wave of growth is likely to occur.
For those considering buying property in Liverpool, understanding the factors that have driven growth in these top suburbs can provide valuable insights into making informed decisions. Whether you’re looking for a family home in a well-established area or seeking investment opportunities in an up-and-coming neighbourhood, Liverpool’s property market offers a diverse range of options.
Ultimately, the Liverpool property market’s success is built on a foundation of community, culture, and opportunity. The suburbs that have experienced the most significant growth from 2010 to 2024 are those that have embraced these values, creating environments where people want to live, work, and invest. As Liverpool continues to attract new residents and businesses, these areas will likely remain at the forefront of the city’s property market, offering both stability and growth potential for years to come.
