Postcode district

AL1

166 for-sale listings37 to-let listingsWarm market

Median asking price

£450K

Across 166 for-sale listings

Growth, 3 years

+0.3%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

74

Average time on market

Investment overview

Median asking price

£450K

Average £590K, range £135K to £2.9M

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.3%
5 yr+1.2%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Warm

74 days average time on market

Median asking rent

£1,850/mo

Of 37 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

203

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£450K

Asking price range

£135K to £2.9M

Homes analysed

18,083

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 23% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

+0.3% a year

  • Prices moving +0.3% a year over 3 years raises resale risk
  • 74 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 166 in AL1.