Postcode district

LN1

171 for-sale listings41 to-let listingsWarm market

Median asking price

£265K

Across 171 for-sale listings

Growth, 3 years

-1.7%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

60

Average time on market

Investment overview

Median asking price

£265K

Average £315K, range £90K to £1.8M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.7%
5 yr-0.6%
10 yr+3.3%

% a year, annualised over each horizon

Market heat

Warm

60 days average time on market

Median asking rent

£1,000/mo

Of 41 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

212

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£265K

Asking price range

£90K to £1.8M

Homes analysed

17,251

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£265K

  • Moderate entry price (£265K)
  • 26% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-1.7% a year

  • Prices moving -1.7% a year over 3 years raises resale risk
  • 60 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 171 in LN1.