Postcode district

LN8

131 for-sale listings5 to-let listingsWarm market

Median asking price

£300K

Across 131 for-sale listings

Growth, 3 years

-3.2%

A year, annualised

Gross yield

3.5%

Indicative, from listing medians

Days on market

94

Average time on market

Investment overview

Median asking price

£300K

Average £345K, range £50K to £1.5M

Gross yield

3.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.2%
5 yr-0.5%
10 yr+4.0%

% a year, annualised over each horizon

Market heat

Warm

94 days average time on market

Median asking rent

£875/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

136

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£300K

Asking price range

£50K to £1.5M

Homes analysed

9,559

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.5%

  • Moderate indicative gross yield of 3.5%
  • Median asking rent £875 a month

HMO

Moderate

Median asking price

£300K

  • Moderate entry price (£300K)
  • 16% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.2% a year

  • Prices moving -3.2% a year over 3 years raises resale risk
  • Slow exits: 94 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 131 in LN8.