Postcode district

L39

49 for-sale listings15 to-let listingsWarm market

Median asking price

£380K

Across 49 for-sale listings

Growth, 3 years

+0.3%

A year, annualised

Gross yield

1.8%

Indicative, from listing medians

Days on market

74

Average time on market

Investment overview

Median asking price

£380K

Average £606K, range £150K to £3.5M

Gross yield

1.8%

Weak

Indicative gross yield from listing medians

Price growth

3 yr+0.3%
5 yr+2.2%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

74 days average time on market

Median asking rent

£574/mo

Of 15 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

64

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

Median asking price

£380K

Asking price range

£150K to £3.5M

Homes analysed

15,624

Behind the growth and area averages

For-sale listings equal 0.3% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

1.8%

  • Low indicative gross yield of 1.8% limits rental returns
  • Median asking rent £574 a month

HMO

Weak

Median asking price

£380K

  • High entry price (£380K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.3% a year

  • Prices moving +0.3% a year over 3 years raises resale risk
  • 74 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 49 in L39.