District market report

L1 property market

£1,340/mo typical 2-bed flat rent

110 days typical time on market

£140k median asking price

Based on 480 listings on the market · L1 district · as at 31 Aug 2026

Market temperature

110 daystypical time on the market 42% slower than North West

19%of homes already sale agreed 33pp fewer than North West

11%cut their asking price in the last 28 days in line with North West

5.7%typical cut, when sellers reduce

Compared with North West. "Sale agreed" means the seller has accepted an offer (shown as Sold STC on portals); the sale hasn't completed yet.

How each kind of property is selling

Segment	On market	Under offer	Days on market	Stale >90d	Sample
Studio flat	81	25%	199	64%	n=81
2 bed flat	176	23%	125	67%	n=176
1 bed flat	190	10%	97	56%	n=190

Buying here? The Good Buy Guide for L1 ranks these segments and shows negotiating room.

Rents

Home	Typical rent	Range	Confidence	Sample
Studio flat	£777/mo	£700–£935	high confidence	n=41
1 bed flat	£950/mo	£751–£1,216	high confidence	n=67
2 bed flat	£1,340/mo	£1,019–£1,504	high confidence	n=96
3 bed flat	£2,075/mo	£1,562–£2,495	high confidence	n=31

Confidence reflects the listings behind each figure: High 30+, Medium 10–29, Low under 10 recent listings for that exact size and area.

Check a specific home in the Rent Checker.

Yields and long-term growth

Segment	Gross yield	Rent	Price basis
1 bed flat	16.2%	£950/mo	£71k
2 bed flat	15.6%	£1,340/mo	£103k

Type	5 yrs	10 yrs	20 yrs
Flat/Maisonette	-7.7%	-5.9%	-22.7%

Investing round here? Open the Area Workbench for sector-by-sector rents and yields.

The housing stock

50%built 2000+

22%built pre–1919

22%built 1980–1999

2,422 m²typical registered plot (houses)

What does this era of housing typically need? The Good Buy Guide covers condition by era.

Buying here?Which kinds of property are the good buys the Good Buy Guide. Investing here?Sector-by-sector rents, yields and letting speed in the Workbench. Renting or letting?What a specific home rents for, in the Rent Checker.

About these figures. Statistics are aggregate figures from the uSurv Listings Index, compiled from publicly advertised residential listings across the UK, aggregated from multiple online sources, together with HM Land Registry price paid data, the EPC register and ONS statistics (Open Government Licence v3.0). Small samples are suppressed rather than published. No individual listing content is reproduced.