Postcode district

LN2

182 for-sale listings26 to-let listingsWarm market

Median asking price

£270K

Across 182 for-sale listings

Growth, 3 years

+3.0%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

71

Average time on market

Investment overview

Median asking price

£270K

Average £312K, range £65K to £1.3M

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.0%
5 yr+0.9%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

71 days average time on market

Median asking rent

£950/mo

Of 26 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

208

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£270K

Asking price range

£65K to £1.3M

Homes analysed

21,477

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £950 a month

HMO

Moderate

Median asking price

£270K

  • Moderate entry price (£270K)
  • 19% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.0% a year

  • Prices rising +3.0% a year over 3 years
  • 71 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 182 in LN2.