Postcode district

B12

120 for-sale listings106 to-let listingsCool market

Median asking price

£193K

Across 120 for-sale listings

Growth, 3 years

+3.4%

A year, annualised

Gross yield

6.2%

Indicative, from listing medians

Days on market

123

Average time on market

Investment overview

Median asking price

£193K

Average £213K, range £80K to £510K

Gross yield

6.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.4%
5 yr+5.5%
10 yr+7.6%

% a year, annualised over each horizon

Market heat

Cool

123 days average time on market

Median asking rent

£1,000/mo

Of 106 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

226

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

Median asking price

£193K

Asking price range

£80K to £510K

Homes analysed

9,005

Behind the growth and area averages

For-sale listings equal 1.3% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.2%

  • Indicative gross yield of 6.2% from listing medians
  • Median asking rent £1K a month

HMO

Strong

Median asking price

£193K

  • Low entry price (£193K) keeps conversion costs viable
  • 27% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+3.4% a year

  • Prices rising +3.4% a year over 3 years
  • Slow exits: 123 days average time on market
  • Long-run growth of +7.6% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 120 in B12.