Postcode district

L9

64 for-sale listings10 to-let listingsWarm market

Median asking price

£160K

Across 64 for-sale listings

Growth, 3 years

+5.1%

A year, annualised

Gross yield

6.1%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£160K

Average £177K, range £40K to £495K

Gross yield

6.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+5.1%
5 yr+5.3%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£810/mo

Of 10 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

74

For sale and to let

Median asking price

£160K

Asking price range

£40K to £495K

Homes analysed

15,154

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.1%

  • Indicative gross yield of 6.1% from listing medians
  • Median asking rent £810 a month

HMO

Strong

Median asking price

£160K

  • Low entry price (£160K) keeps conversion costs viable
  • 22% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+5.1% a year

  • Prices rising +5.1% a year over 3 years
  • 80 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 64 in L9.