Postcode district

LE9

160 for-sale listings34 to-let listingsWarm market

Median asking price

£295K

Across 160 for-sale listings

Growth, 3 years

+0.4%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

67

Average time on market

Investment overview

Median asking price

£295K

Average £339K, range £90K to £1.1M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.4%
5 yr+1.6%
10 yr+3.8%

% a year, annualised over each horizon

Market heat

Warm

67 days average time on market

Median asking rent

£1,000/mo

Of 34 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

194

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£295K

Asking price range

£90K to £1.1M

Homes analysed

27,505

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£295K

  • Moderate entry price (£295K)
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.4% a year

  • Prices moving +0.4% a year over 3 years raises resale risk
  • 67 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 160 in LE9.