Postcode district

AL7

135 for-sale listings13 to-let listingsWarm market

Median asking price

£350K

Across 135 for-sale listings

Growth, 3 years

+0.8%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

84

Average time on market

Investment overview

Median asking price

£350K

Average £366K, range £120K to £800K

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.8%
5 yr+2.5%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Warm

84 days average time on market

Median asking rent

£1,500/mo

Of 13 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

148

For sale and to let

Median asking price

£350K

Asking price range

£120K to £800K

Homes analysed

16,772

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

+0.8% a year

  • Prices moving +0.8% a year over 3 years raises resale risk
  • 84 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 135 in AL7.