Postcode district

LU6

119 for-sale listings15 to-let listingsWarm market

Median asking price

£360K

Across 119 for-sale listings

Growth, 3 years

+1.4%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

81

Average time on market

Investment overview

Median asking price

£360K

Average £409K, range £75K to £1.5M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.4%
5 yr+2.7%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

81 days average time on market

Median asking rent

£1,300/mo

Of 15 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

134

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

Median asking price

£360K

Asking price range

£75K to £1.5M

Homes analysed

15,483

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£360K

  • High entry price (£360K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+1.4% a year

  • Prices rising +1.4% a year over 3 years
  • 81 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 119 in LU6.