Postcode district

B23

127 for-sale listings16 to-let listingsWarm market

Median asking price

£225K

Across 127 for-sale listings

Growth, 3 years

+2.3%

A year, annualised

Gross yield

6.3%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£225K

Average £229K, range £73K to £450K

Gross yield

6.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.3%
5 yr+3.6%
10 yr+4.8%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£1,185/mo

Of 16 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

143

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£225K

Asking price range

£73K to £450K

Homes analysed

20,975

Behind the growth and area averages

For-sale listings equal 0.6% 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 £1K a month

HMO

Moderate

Median asking price

£225K

  • Moderate entry price (£225K)
  • 24% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+2.3% a year

  • Prices rising +2.3% a year over 3 years
  • 80 days average time on market
  • Long-run growth of +4.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 127 in B23.