LRZ 7240 Number Plate Value

Key Factors Behind This Valuation

• 7 auction hammer prices for these letters in this format, median £1,260
• 800 DVLA retail stock movements, median £399
• 50+ equivalent reads live in DVLA stock from £399
• Initials read: LRZ

How LRZ 7240 Reads

LRZ read score 55/100

Reads naturally as a set of initials.

Name and word reads carry the deepest demand: a plate that spells something real appeals to every matching buyer at once, and that pool never empties.

Auction Evidence

We hold 7 auction hammer prices for plates sharing these letters in this same plate format, with a median of £1,260, anchoring the band to what buyers actually pay rather than asking prices.

Registration Provenance

• First registered 30 Sep 2003
• 5 recorded keepers
• 1 plate transfer on record (previously YK53LCF)
• Most recent cherished transfer: 24 Mar 2025

Previous registrations carried by the associated vehicle: YK53LCF

Sourced from the Vehicle Data Global registration record.

The Full Story

LRZ 7240 is a northern Irish (dateless) registration.

It reads best as the initials LRZ. Reads naturally as a set of initials. Initials plates hold a steady audience: everyone shares their initials with thousands of other drivers.

On the numbers: a longer number, which keeps things affordable rather than collectable.

Best of all, we hold real market evidence for plates like this one: 7 auction hammer prices sharing these letters in the same plate format, with a typical (median) result of £1,260. Hammer prices are actual sold prices, the strongest evidence there is, and they are what this band is built on.

Alongside that, our estimate draws on 800 priced movements from recent ni format movements generally in our DVLA stock tracking, with a typical (median) price of £399. Worth knowing: these are DVLA retail asking prices for NEW stock at fixed price bands, so the resale market usually prices above them once a plate is no longer available new.

Search interest on our own site for this read has been quiet over the last three months (0 searches), which feeds the demand side of the picture.