Postcode district

LA4

130 for-sale listings8 to-let listingsCool market

Median asking price

£195K

Across 130 for-sale listings

Growth, 3 years

+2.9%

A year, annualised

Gross yield

5.5%

Indicative, from listing medians

Days on market

101

Average time on market

Investment overview

Median asking price

£195K

Average £209K, range £45K to £595K

Gross yield

5.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.9%
5 yr+3.0%
10 yr+3.9%

% a year, annualised over each horizon

Market heat

Cool

101 days average time on market

Median asking rent

£895/mo

Of 8 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

138

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£195K

Asking price range

£45K to £595K

Homes analysed

13,421

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.5%

  • Indicative gross yield of 5.5% from listing medians
  • Median asking rent £895 a month

HMO

Strong

Median asking price

£195K

  • Low entry price (£195K) keeps conversion costs viable
  • 23% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+2.9% a year

  • Prices rising +2.9% a year over 3 years
  • Slow exits: 101 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 130 in LA4.