Postcode district

LL29

64 for-sale listings5 to-let listingsWarm market

Median asking price

£325K

Across 64 for-sale listings

Growth, 3 years

+1.8%

A year, annualised

Gross yield

2.8%

Indicative, from listing medians

Days on market

91

Average time on market

Investment overview

Median asking price

£325K

Average £325K, range £100K to £750K

Gross yield

2.8%

Weak

Indicative gross yield from listing medians

Price growth

3 yr+1.8%
5 yr+1.1%
10 yr+4.4%

% a year, annualised over each horizon

Market heat

Warm

91 days average time on market

Median asking rent

£750/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

69

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

Median asking price

£325K

Asking price range

£100K to £750K

Homes analysed

9,416

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.8%

  • Low indicative gross yield of 2.8% limits rental returns
  • Median asking rent £750 a month

HMO

Moderate

Median asking price

£325K

  • Moderate entry price (£325K)
  • 20% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.8% a year

  • Prices rising +1.8% a year over 3 years
  • Slow exits: 91 days average time on market
  • Long-run growth of +4.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 64 in LL29.