Postcode district

LU7

233 for-sale listings19 to-let listingsWarm market

Median asking price

£425K

Across 233 for-sale listings

Growth, 3 years

-1.4%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£425K

Average £470K, range £105K to £3.8M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.4%
5 yr+0.8%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£1,300/mo

Of 19 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

252

For sale and to let

Median asking price

£425K

Asking price range

£105K to £3.8M

Homes analysed

28,771

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£425K

  • High entry price (£425K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.4% a year

  • Prices moving -1.4% a year over 3 years raises resale risk
  • 80 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 233 in LU7.