Postcode district

LL18

50 for-sale listings12 to-let listingsHot market

Median asking price

£190K

Across 50 for-sale listings

Growth, 3 years

+1.3%

A year, annualised

Gross yield

5.7%

Indicative, from listing medians

Days on market

39

Average time on market

Investment overview

Median asking price

£190K

Average £224K, range £5K to £1.6M

Gross yield

5.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.3%
5 yr+2.4%
10 yr+4.0%

% a year, annualised over each horizon

Market heat

Hot

39 days average time on market

Median asking rent

£895/mo

Of 12 to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

62

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

Strong

Gross yield

5.7%

  • Indicative gross yield of 5.7% from listing medians
  • 39 days average time on market
  • Median asking rent £895 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

Strong

Growth, 3 years

+1.3% a year

  • Prices rising +1.3% a year over 3 years
  • Fast exits: 39 days average time on market
  • Long-run growth of +4.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 50 in LL18.