Postcode district

LL16

13 for-sale listings1 to-let listingsCool market

Median asking price

£525K

Across 13 for-sale listings

Growth, 3 years

+4.3%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

130

Average time on market

Investment overview

Median asking price

£525K

Average £502K, range £200K to £950K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+4.3%
5 yr+1.2%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Cool

130 days average time on market

Median asking rent

£1,000/mo

Of 1 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

14

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

Median asking price

£525K

Asking price range

£200K to £950K

Homes analysed

7,086

Behind the growth and area averages

For-sale listings equal 0.2% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in LL16, too few for an indicative yield.

HMO

Weak

Median asking price

£525K

  • High entry price (£525K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+4.3% a year

  • Prices rising +4.3% a year over 3 years
  • Slow exits: 130 days average time on market
  • Long-run growth of +4.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 13 in LL16.