Postcode district

LU5

128 for-sale listings18 to-let listingsWarm market

Median asking price

£383K

Across 128 for-sale listings

Growth, 3 years

-2.9%

A year, annualised

Gross yield

4.4%

Indicative, from listing medians

Days on market

70

Average time on market

Investment overview

Median asking price

£383K

Average £377K, range £60K to £760K

Gross yield

4.4%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.9%
5 yr+1.0%
10 yr+3.7%

% a year, annualised over each horizon

Market heat

Warm

70 days average time on market

Median asking rent

£1,400/mo

Of 18 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

146

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£383K

Asking price range

£60K to £760K

Homes analysed

21,142

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.4%

  • Moderate indicative gross yield of 4.4%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£383K

  • High entry price (£383K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-2.9% a year

  • Prices moving -2.9% a year over 3 years raises resale risk
  • 70 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 128 in LU5.