Postcode district

L22

54 for-sale listings22 to-let listingsCool market

Median asking price

£197K

Across 54 for-sale listings

Growth, 3 years

+5.4%

A year, annualised

Gross yield

5.4%

Indicative, from listing medians

Days on market

109

Average time on market

Investment overview

Median asking price

£197K

Average £216K, range £40K to £930K

Gross yield

5.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+5.4%
5 yr+5.4%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Cool

109 days average time on market

Median asking rent

£885/mo

Of 22 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

76

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

Median asking price

£197K

Asking price range

£40K to £930K

Homes analysed

7,266

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.4%

  • Indicative gross yield of 5.4% from listing medians
  • Median asking rent £885 a month

HMO

Strong

Median asking price

£197K

  • Low entry price (£197K) keeps conversion costs viable
  • 26% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+5.4% a year

  • Prices rising +5.4% a year over 3 years
  • Slow exits: 109 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 54 in L22.