Postcode district

L7

46 for-sale listings33 to-let listingsCool market

Median asking price

£145K

Across 46 for-sale listings

Growth, 3 years

+0.3%

A year, annualised

Gross yield

6.2%

Indicative, from listing medians

Days on market

108

Average time on market

Investment overview

Median asking price

£145K

Average £169K, range £20K to £700K

Gross yield

6.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.3%
5 yr-0.7%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Cool

108 days average time on market

Median asking rent

£750/mo

Of 33 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

79

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

Median asking price

£145K

Asking price range

£20K to £700K

Homes analysed

12,462

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.2%

  • Indicative gross yield of 6.2% from listing medians
  • Median asking rent £750 a month

HMO

Strong

Median asking price

£145K

  • Low entry price (£145K) keeps conversion costs viable
  • 39% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

+0.3% a year

  • Prices moving +0.3% a year over 3 years raises resale risk
  • Slow exits: 108 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 46 in L7.