Postcode district

LE2

211 for-sale listings131 to-let listingsWarm market

Median asking price

£275K

Across 211 for-sale listings

Growth, 3 years

+0.7%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

67

Average time on market

Investment overview

Median asking price

£275K

Average £312K, range £65K to £769K

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.7%
5 yr+1.6%
10 yr+4.8%

% a year, annualised over each horizon

Market heat

Warm

67 days average time on market

Median asking rent

£950/mo

Of 131 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

342

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

Median asking price

£275K

Asking price range

£65K to £769K

Homes analysed

51,932

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £950 a month

HMO

Moderate

Median asking price

£275K

  • Moderate entry price (£275K)
  • 28% of households rent privately
  • Most listings are semi 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 +4.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 211 in LE2.