Postcode district

L40

62 for-sale listings2 to-let listingsWarm market

Median asking price

£420K

Across 62 for-sale listings

Growth, 3 years

+0.3%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

78

Average time on market

Investment overview

Median asking price

£420K

Average £527K, range £64K to £2.0M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+0.3%
5 yr+0.3%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Warm

78 days average time on market

Median asking rent

£1,050/mo

Of 2 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

64

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£420K

Asking price range

£64K to £2.0M

Homes analysed

9,866

Behind the growth and area averages

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

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in L40, too few for an indicative yield.

HMO

Weak

Median asking price

£420K

  • High entry price (£420K) squeezes HMO returns
  • 9% 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
  • 78 days average time on market
  • Long-run growth of +4.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 62 in L40.