Postcode district

LN3

114 for-sale listings3 to-let listingsWarm market

Median asking price

£282K

Across 114 for-sale listings

Growth, 3 years

-0.2%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

99

Average time on market

Investment overview

Median asking price

£282K

Average £314K, range £125K to £700K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-0.2%
5 yr+2.0%
10 yr+3.6%

% a year, annualised over each horizon

Market heat

Warm

99 days average time on market

Median asking rent

£1,300/mo

Of 3 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

117

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

Median asking price

£282K

Asking price range

£125K to £700K

Homes analysed

4,828

Behind the growth and area averages

For-sale listings equal 2.4% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in LN3, too few for an indicative yield.

HMO

Moderate

Median asking price

£282K

  • Moderate entry price (£282K)
  • 10% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.2% a year

  • Prices moving -0.2% a year over 3 years raises resale risk
  • Slow exits: 99 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 114 in LN3.