Postcode district

L38

14 for-sale listings0 to-let listingsWarm market

Median asking price

£438K

Across 14 for-sale listings

Growth, 3 years

+0.2%

A year, annualised

Gross yield

-

No to-let listings

Days on market

93

Average time on market

Investment overview

Median asking price

£438K

Average £418K, range £240K to £650K

Gross yield

-

No to-let listings

Price growth

3 yr+0.2%
5 yr+1.4%
10 yr+4.0%

% a year, annualised over each horizon

Market heat

Warm

93 days average time on market

Median asking rent

-

No to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

14

For sale and to let

Median asking price

£438K

Asking price range

£240K to £650K

Homes analysed

1,156

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • There are no to-let listings in L38, so rental yield cannot be measured.

HMO

Weak

Median asking price

£438K

  • High entry price (£438K) squeezes HMO returns
  • 6% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.2% a year

  • Prices moving +0.2% a year over 3 years raises resale risk
  • Slow exits: 93 days average time on market
  • Long-run growth of +4.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 14 in L38.