Postcode district

L13

96 for-sale listings36 to-let listingsWarm market

Median asking price

£170K

Across 96 for-sale listings

Growth, 3 years

+3.8%

A year, annualised

Gross yield

6.3%

Indicative, from listing medians

Days on market

84

Average time on market

Investment overview

Median asking price

£170K

Average £179K, range £31K to £440K

Gross yield

6.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.8%
5 yr+4.9%
10 yr+5.6%

% a year, annualised over each horizon

Market heat

Warm

84 days average time on market

Median asking rent

£888/mo

Of 36 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

132

For sale and to let

Median asking price

£170K

Asking price range

£31K to £440K

Homes analysed

15,301

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.3%

  • Indicative gross yield of 6.3% from listing medians
  • Median asking rent £888 a month

HMO

Strong

Median asking price

£170K

  • Low entry price (£170K) keeps conversion costs viable
  • 26% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.8% a year

  • Prices rising +3.8% a year over 3 years
  • 84 days average time on market
  • Long-run growth of +5.6% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 96 in L13.