Postcode district

L18

94 for-sale listings12 to-let listingsWarm market

Median asking price

£375K

Across 94 for-sale listings

Growth, 3 years

+2.1%

A year, annualised

Gross yield

3.8%

Indicative, from listing medians

Days on market

71

Average time on market

Investment overview

Median asking price

£375K

Average £453K, range £110K to £1.8M

Gross yield

3.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+2.1%
5 yr+2.4%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Warm

71 days average time on market

Median asking rent

£1,200/mo

Of 12 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

106

For sale and to let

Median asking price

£375K

Asking price range

£110K to £1.8M

Homes analysed

12,365

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.8%

  • Moderate indicative gross yield of 3.8%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£375K

  • High entry price (£375K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+2.1% a year

  • Prices rising +2.1% a year over 3 years
  • 71 days average time on market
  • Long-run growth of +4.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 94 in L18.