Postcode district

LE7

131 for-sale listings8 to-let listingsWarm market

Median asking price

£440K

Across 131 for-sale listings

Growth, 3 years

+1.0%

A year, annualised

Gross yield

4.4%

Indicative, from listing medians

Days on market

69

Average time on market

Investment overview

Median asking price

£440K

Average £431K, range £120K to £1.6M

Gross yield

4.4%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.0%
5 yr+1.5%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

69 days average time on market

Median asking rent

£1,625/mo

Of 8 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

139

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

Median asking price

£440K

Asking price range

£120K to £1.6M

Homes analysed

23,709

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.4%

  • Moderate indicative gross yield of 4.4%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£440K

  • High entry price (£440K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.0% a year

  • Prices rising +1.0% a year over 3 years
  • 69 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 131 in LE7.