Postcode district

L23

89 for-sale listings10 to-let listingsWarm market

Median asking price

£400K

Across 89 for-sale listings

Growth, 3 years

+1.7%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

76

Average time on market

Investment overview

Median asking price

£400K

Average £476K, range £88K to £1.8M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.7%
5 yr+1.4%
10 yr+3.9%

% a year, annualised over each horizon

Market heat

Warm

76 days average time on market

Median asking rent

£1,425/mo

Of 10 to-let listings

Most common type

Semi detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

99

For sale and to let

Median asking price

£400K

Asking price range

£88K to £1.8M

Homes analysed

14,362

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+1.7% a year

  • Prices rising +1.7% a year over 3 years
  • 76 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 89 in L23.