Postcode district

LS16

110 for-sale listings22 to-let listingsWarm market

Median asking price

£408K

Across 110 for-sale listings

Growth, 3 years

+0.5%

A year, annualised

Gross yield

3.5%

Indicative, from listing medians

Days on market

77

Average time on market

Investment overview

Median asking price

£408K

Average £482K, range £125K to £1.8M

Gross yield

3.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.5%
5 yr+0.9%
10 yr+3.8%

% a year, annualised over each horizon

Market heat

Warm

77 days average time on market

Median asking rent

£1,200/mo

Of 22 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

132

For sale and to let

Median asking price

£408K

Asking price range

£125K to £1.8M

Homes analysed

18,072

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.5%

  • Moderate indicative gross yield of 3.5%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£408K

  • High entry price (£408K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.5% a year

  • Prices moving +0.5% a year over 3 years raises resale risk
  • 77 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 110 in LS16.