Postcode district

B1

94 for-sale listings89 to-let listingsWarm market

Median asking price

£169K

Across 94 for-sale listings

Growth, 3 years

-10.6%

A year, annualised

Gross yield

7.8%

Indicative, from listing medians

Days on market

65

Average time on market

Investment overview

Median asking price

£169K

Average £193K, range £70K to £450K

Gross yield

7.8%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-10.6%
5 yr-4.5%
10 yr+0.4%

% a year, annualised over each horizon

Market heat

Warm

65 days average time on market

Median asking rent

£1,100/mo

Of 89 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

183

For sale and to let

Median asking price

£169K

Asking price range

£70K to £450K

Homes analysed

8,943

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

7.8%

  • Indicative gross yield of 7.8% from listing medians
  • Median asking rent £1K a month

HMO

Strong

Median asking price

£169K

  • Low entry price (£169K) keeps conversion costs viable
  • 59% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-10.6% a year

  • Prices moving -10.6% a year over 3 years raises resale risk
  • 65 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 94 in B1.