Postcode district

AL3

126 for-sale listings12 to-let listingsWarm market

Median asking price

£675K

Across 126 for-sale listings

Growth, 3 years

+1.0%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£675K

Average £768K, range £120K to £2.0M

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.0%
5 yr+1.6%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£2,350/mo

Of 12 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

138

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£675K

Asking price range

£120K to £2.0M

Homes analysed

12,597

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£675K

  • High entry price (£675K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+1.0% a year

  • Prices rising +1.0% a year over 3 years
  • 79 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 126 in AL3.