Postcode district

LS9

145 for-sale listings87 to-let listingsWarm market

Median asking price

£175K

Across 145 for-sale listings

Growth, 3 years

+0.4%

A year, annualised

Gross yield

6.9%

Indicative, from listing medians

Days on market

83

Average time on market

Investment overview

Median asking price

£175K

Average £207K, range £60K to £480K

Gross yield

6.9%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.4%
5 yr+2.6%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Warm

83 days average time on market

Median asking rent

£1,000/mo

Of 87 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

232

For sale and to let

Median asking price

£175K

Asking price range

£60K to £480K

Homes analysed

21,021

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.9%

  • Indicative gross yield of 6.9% from listing medians
  • Median asking rent £1K a month

HMO

Strong

Median asking price

£175K

  • Low entry price (£175K) keeps conversion costs viable
  • 31% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

+0.4% a year

  • Prices moving +0.4% a year over 3 years raises resale risk
  • 83 days average time on market
  • Long-run growth of +4.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 145 in LS9.