Postcode district

L3

164 for-sale listings50 to-let listingsWarm market

Median asking price

£210K

Across 164 for-sale listings

Growth, 3 years

-1.0%

A year, annualised

Gross yield

5.7%

Indicative, from listing medians

Days on market

66

Average time on market

Investment overview

Median asking price

£210K

Average £223K, range £43K to £650K

Gross yield

5.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.0%
5 yr+1.8%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

66 days average time on market

Median asking rent

£1,000/mo

Of 50 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

214

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£210K

Asking price range

£43K to £650K

Homes analysed

19,736

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.7%

  • Indicative gross yield of 5.7% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£210K

  • Moderate entry price (£210K)
  • 61% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.0% a year

  • Prices moving -1.0% a year over 3 years raises resale risk
  • 66 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 164 in L3.