Postcode district

LE5

138 for-sale listings83 to-let listingsWarm market

Median asking price

£290K

Across 138 for-sale listings

Growth, 3 years

+1.3%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

72

Average time on market

Investment overview

Median asking price

£290K

Average £332K, range £68K to £1.1M

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.3%
5 yr+2.8%
10 yr+4.9%

% a year, annualised over each horizon

Market heat

Warm

72 days average time on market

Median asking rent

£1,150/mo

Of 83 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

221

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

Median asking price

£290K

Asking price range

£68K to £1.1M

Homes analysed

31,949

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£290K

  • Moderate entry price (£290K)
  • 21% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+1.3% a year

  • Prices rising +1.3% a year over 3 years
  • 72 days average time on market
  • Long-run growth of +4.9% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 138 in LE5.