Postcode district

LE14

64 for-sale listings6 to-let listingsWarm market

Median asking price

£440K

Across 64 for-sale listings

Growth, 3 years

+0.1%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£440K

Average £797K, range £180K to £18.0M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.1%
5 yr+0.1%
10 yr+3.9%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£1,572/mo

Of 6 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

70

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

Median asking price

£440K

Asking price range

£180K to £18.0M

Homes analysed

8,791

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£440K

  • High entry price (£440K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.1% a year

  • Prices moving +0.1% a year over 3 years raises resale risk
  • 79 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 64 in LE14.