Postcode district

B16

121 for-sale listings59 to-let listingsWarm market

Median asking price

£190K

Across 121 for-sale listings

Growth, 3 years

+3.3%

A year, annualised

Gross yield

6.3%

Indicative, from listing medians

Days on market

68

Average time on market

Investment overview

Median asking price

£190K

Average £243K, range £62K to £1.4M

Gross yield

6.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.3%
5 yr+0.2%
10 yr+5.8%

% a year, annualised over each horizon

Market heat

Warm

68 days average time on market

Median asking rent

£995/mo

Of 59 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

180

For sale and to let

Median asking price

£190K

Asking price range

£62K to £1.4M

Homes analysed

13,430

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.3%

  • Indicative gross yield of 6.3% from listing medians
  • Median asking rent £995 a month

HMO

Strong

Median asking price

£190K

  • Low entry price (£190K) keeps conversion costs viable
  • 43% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+3.3% a year

  • Prices rising +3.3% a year over 3 years
  • 68 days average time on market
  • Long-run growth of +5.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 121 in B16.