Postcode district

LA23

58 for-sale listings2 to-let listingsCool market

Median asking price

£150K

Across 58 for-sale listings

Growth, 3 years

-4.6%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

122

Average time on market

Investment overview

Median asking price

£150K

Average £426K, range £49K to £8.5M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-4.6%
5 yr-1.2%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Cool

122 days average time on market

Median asking rent

£948/mo

Of 2 to-let listings

Most common type

Park home

3 bedrooms on average

Market data

Listings

Summary

Homes listed

60

For sale and to let

Median asking price

£150K

Asking price range

£49K to £8.5M

Homes analysed

5,914

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in LA23, too few for an indicative yield.

HMO

Strong

Median asking price

£150K

  • Low entry price (£150K) keeps conversion costs viable
  • 20% of households rent privately
  • Most listings are park home

Flip

Weak

Growth, 3 years

-4.6% a year

  • Prices moving -4.6% a year over 3 years raises resale risk
  • Slow exits: 122 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 58 in LA23.