Postcode district

L21

54 for-sale listings9 to-let listingsWarm market

Median asking price

£163K

Across 54 for-sale listings

Growth, 3 years

+4.4%

A year, annualised

Gross yield

5.9%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£163K

Average £182K, range £85K to £525K

Gross yield

5.9%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+4.4%
5 yr+6.4%
10 yr+5.4%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£795/mo

Of 9 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

63

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£163K

Asking price range

£85K to £525K

Homes analysed

12,443

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.9%

  • Indicative gross yield of 5.9% from listing medians
  • Median asking rent £795 a month

HMO

Strong

Median asking price

£163K

  • Low entry price (£163K) keeps conversion costs viable
  • 17% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+4.4% a year

  • Prices rising +4.4% a year over 3 years
  • 79 days average time on market
  • Long-run growth of +5.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 54 in L21.