Postcode district

AL9

140 for-sale listings18 to-let listingsWarm market

Median asking price

£800K

Across 140 for-sale listings

Growth, 3 years

+3.6%

A year, annualised

Gross yield

5.0%

Indicative, from listing medians

Days on market

100

Average time on market

Investment overview

Median asking price

£800K

Average £1.1M, range £160K to £5.0M

Gross yield

5.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.6%
5 yr+2.1%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

100 days average time on market

Median asking rent

£3,300/mo

Of 18 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

158

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£800K

Asking price range

£160K to £5.0M

Homes analysed

5,304

Behind the growth and area averages

For-sale listings equal 2.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

5.0%

  • Moderate indicative gross yield of 5.0%
  • Median asking rent £3K a month

HMO

Weak

Median asking price

£800K

  • High entry price (£800K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+3.6% a year

  • Prices rising +3.6% a year over 3 years
  • Slow exits: 100 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 140 in AL9.