Postcode district

LL18

42 for-sale listings8 to-let listingsWarm market

Median asking price

£190K

Across 42 for-sale listings

Growth, 3 years

+1.9%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

58

Average time on market

Investment overview

Median asking price

£190K

Average £234K, range £5K to £1.6M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.9%
5 yr+2.6%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

58 days average time on market

Median asking rent

£712/mo

Of 8 to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

50

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£190K

Asking price range

£5K to £1.6M

Homes analysed

21,039

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £712 a month

HMO

Strong

Median asking price

£190K

  • Low entry price (£190K) keeps conversion costs viable
  • 21% of households rent privately
  • Most listings are bungalow

Flip

Moderate

Growth, 3 years

+1.9% a year

  • Prices rising +1.9% a year over 3 years
  • 58 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 42 in LL18.