Neighbourhood · Liverpool

Wavertree Penny Lane: house prices and how the area is changing

Official figures for the Wavertree Penny Lane neighbourhood of Liverpool, England (ONS area Liverpool 042). Headline figures assembled 16 October 2026. Postcodes L15, L18. Figures that read a point use the neighbourhood's centre, near L15 5BW.

A middle-income neighbourhood, with signals pointing away from gentrification

Wavertree Penny Lane is a middle-income neighbourhood. But area signals point away from gentrification against Liverpool (5 of 18 signals falling, none rising). Houses here typically resell for £265,000 (median resale price, 2023-2025). Recorded crime is lower than across Liverpool (0.5 times the borough's rate), schools nearby are improving slower than the council's and the nearest station, Mossley Hill, is about a 16-minute walk from the neighbourhood's centre.

The neighbourhood in brief, from the figures on this page. Summary updated 16 October 2026; source dates are shown below.

Typical house price

£265,000

Median resale price of houses in the neighbourhood, 2023-2025; +43% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Middle income

How well off the neighbourhood is now, from household income, home prices and deprivation.

Source: ONS, HM Land Registry, MHCLG Indices of Deprivation

Signs of gentrification

Moving the other way

Weighted balance -0.26; 0 of 18 signals up, 5 down, against the borough.

Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)

Deprivation

Decile 5 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 5 small areas range from decile 4 to 9.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£52,800

ONS estimate for the neighbourhood (modelled, with a margin of error).

Source: Office for National Statistics

Recorded crime

0.5 times the borough's rate

Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.

Source: Police.uk

Schools getting better

Slower than the council's

Nearby state schools' latest Ofsted inspections and results, against the council's schools.

Source: Ofsted, Department for Education

Where Wavertree Penny Lane sits in Liverpool

Typical house price: joint 14th highest of the 59 neighbourhoods in Liverpool with enough house sales for one
Average household income: 10th highest of 61 neighbourhoods in Liverpool

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 16 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.

Prices over time in Wavertree Penny Lane

Median resale price of houses each year here and across Liverpool, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Median resale price of flats each year here and across Liverpool, 2002 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Source: HM Land Registry Price Paid Data, held locally and checked 16 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

0 of 18 counted signals point towards rising affluence against Liverpool, 5 the other way and 13 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.

Falling behind the borough

Recent price momentum
Residents aged 25 to 29
Single-person households under 65
Income deprivation ranking
Schools improving

Stations and schools nearby

Nearest station

Mossley Hill Railway station, about a 16-minute walk from the neighbourhood's centre (1.2 km in a straight line). About 6.1 trains an hour leave between 07:00 and 19:00 on a weekday: Northern and West Midlands Railway or London Northwestern to Liverpool Lime Street (about 10 min); West Midlands Railway or London Northwestern to Birmingham New Street (about 88 min).

Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.

Nearest state schools

Nearest state primary school Greenbank Primary School 480 m from the neighbourhood's centre. Ofsted: Good (Jul 2024).
Nearest state secondary school The Blue Coat School 350 m from the neighbourhood's centre. Ofsted: Good (Nov 2022).

Schools: Department for Education, Get Information about Schools (13 October 2026); inspections: Ofsted's management information as at 31 August 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Wavertree Penny Lane

What is the typical house price in Wavertree Penny Lane?

£265,000. Median resale price of houses in the neighbourhood, 2023-2025; +43% against 2017-2019.

How does Wavertree Penny Lane compare with the rest of Liverpool?

Typical house price: joint 14th highest of the 59 neighbourhoods in Liverpool with enough house sales for one. Average household income: 10th highest of 61 neighbourhoods in Liverpool.

Is Wavertree Penny Lane an affluent area?

Middle income. How well off the neighbourhood is now, from household income, home prices and deprivation.

Is Wavertree Penny Lane gentrifying?

Moving the other way. Weighted balance -0.26; 0 of 18 signals up, 5 down, against the borough.

What is the nearest station to Wavertree Penny Lane?

Mossley Hill. Railway station, about a 16-minute walk from the neighbourhood's centre (1.2 km in a straight line). About 6.1 trains an hour leave between 07:00 and 19:00 on a weekday: Northern and West Midlands Railway or London Northwestern to Liverpool Lime Street (about 10 min); West Midlands Railway or London Northwestern to Birmingham New Street (about 88 min).

Which state schools are nearest to Wavertree Penny Lane?

Nearest state primary school. Greenbank Primary School. 480 m from the neighbourhood's centre. Ofsted: Good (Jul 2024). Nearest state secondary school. The Blue Coat School. 350 m from the neighbourhood's centre. Ofsted: Good (Nov 2022).

Each answer repeats a figure shown above, with its source there.

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Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.