Postcode district

L20

107 for-sale listings45 to-let listingsWarm market

Median asking price

£130K

Across 107 for-sale listings

Growth, 3 years

+2.9%

A year, annualised

Gross yield

8.3%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£130K

Average £142K, range £950 to £425K

Gross yield

8.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.9%
5 yr+5.9%
10 yr+5.5%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£900/mo

Of 45 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

152

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£130K

Asking price range

£950 to £425K

Homes analysed

17,290

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

8.3%

  • Indicative gross yield of 8.3% from listing medians
  • Median asking rent £900 a month

HMO

Strong

Median asking price

£130K

  • Low entry price (£130K) keeps conversion costs viable
  • 22% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+2.9% a year

  • Prices rising +2.9% a year over 3 years
  • 79 days average time on market
  • Long-run growth of +5.5% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 107 in L20.