Postcode district

AL6

123 for-sale listings9 to-let listingsWarm market

Median asking price

£850K

Across 123 for-sale listings

Growth, 3 years

-1.8%

A year, annualised

Gross yield

3.5%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£850K

Average £1.0M, range £190K to £4.3M

Gross yield

3.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.8%
5 yr+0.4%
10 yr+1.4%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£2,500/mo

Of 9 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

132

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£850K

Asking price range

£190K to £4.3M

Homes analysed

5,284

Behind the growth and area averages

For-sale listings equal 2.3% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.5%

  • Moderate indicative gross yield of 3.5%
  • Median asking rent £3K a month

HMO

Weak

Median asking price

£850K

  • High entry price (£850K) squeezes HMO returns
  • 8% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.8% a year

  • Prices moving -1.8% a year over 3 years raises resale risk
  • Slow exits: 92 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 123 in AL6.