Postcode district

L16

46 for-sale listings2 to-let listingsWarm market

Median asking price

£363K

Across 46 for-sale listings

Growth, 3 years

+1.1%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

88

Average time on market

Investment overview

Median asking price

£363K

Average £377K, range £230K to £625K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+1.1%
5 yr+3.2%
10 yr+4.4%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£1,348/mo

Of 2 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

48

For sale and to let

Median asking price

£363K

Asking price range

£230K to £625K

Homes analysed

6,564

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in L16, too few for an indicative yield.

HMO

Weak

Median asking price

£363K

  • High entry price (£363K) squeezes HMO returns
  • 6% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+1.1% a year

  • Prices rising +1.1% a year over 3 years
  • 88 days average time on market
  • Long-run growth of +4.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 46 in L16.