Postcode district

LE18

130 for-sale listings28 to-let listingsWarm market

Median asking price

£290K

Across 130 for-sale listings

Growth, 3 years

-0.7%

A year, annualised

Gross yield

4.0%

Indicative, from listing medians

Days on market

67

Average time on market

Investment overview

Median asking price

£290K

Average £343K, range £130K to £780K

Gross yield

4.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.7%
5 yr+2.5%
10 yr+4.5%

% a year, annualised over each horizon

Market heat

Warm

67 days average time on market

Median asking rent

£975/mo

Of 28 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

158

For sale and to let

Median asking price

£290K

Asking price range

£130K to £780K

Homes analysed

16,037

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.0%

  • Moderate indicative gross yield of 4.0%
  • Median asking rent £975 a month

HMO

Moderate

Median asking price

£290K

  • Moderate entry price (£290K)
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.7% a year

  • Prices moving -0.7% a year over 3 years raises resale risk
  • 67 days average time on market
  • Long-run growth of +4.5% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 130 in LE18.