Postcode district

L33

33 for-sale listings8 to-let listingsWarm market

Median asking price

£160K

Across 33 for-sale listings

Growth, 3 years

+7.2%

A year, annualised

Gross yield

7.1%

Indicative, from listing medians

Days on market

61

Average time on market

Investment overview

Median asking price

£160K

Average £167K, range £5K to £360K

Gross yield

7.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+7.2%
5 yr+6.9%
10 yr+6.0%

% a year, annualised over each horizon

Market heat

Warm

61 days average time on market

Median asking rent

£950/mo

Of 8 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

41

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

Median asking price

£160K

Asking price range

£5K to £360K

Homes analysed

8,344

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

7.1%

  • Indicative gross yield of 7.1% from listing medians
  • Median asking rent £950 a month

HMO

Strong

Median asking price

£160K

  • Low entry price (£160K) keeps conversion costs viable
  • 17% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+7.2% a year

  • Prices rising +7.2% a year over 3 years
  • 61 days average time on market
  • Long-run growth of +6.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 33 in L33.