Postcode district

L5

69 for-sale listings17 to-let listingsWarm market

Median asking price

£160K

Across 69 for-sale listings

Growth, 3 years

-4.5%

A year, annualised

Gross yield

5.6%

Indicative, from listing medians

Days on market

69

Average time on market

Investment overview

Median asking price

£160K

Average £157K, range £20K to £300K

Gross yield

5.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-4.5%
5 yr+4.0%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Warm

69 days average time on market

Median asking rent

£750/mo

Of 17 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

86

For sale and to let

Median asking price

£160K

Asking price range

£20K to £300K

Homes analysed

8,687

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.6%

  • Indicative gross yield of 5.6% from listing medians
  • Median asking rent £750 a month

HMO

Strong

Median asking price

£160K

  • Low entry price (£160K) keeps conversion costs viable
  • 21% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-4.5% a year

  • Prices moving -4.5% a year over 3 years raises resale risk
  • 69 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 69 in L5.