Postcode district

B27

90 for-sale listings10 to-let listingsWarm market

Median asking price

£263K

Across 90 for-sale listings

Growth, 3 years

+2.3%

A year, annualised

Gross yield

5.5%

Indicative, from listing medians

Days on market

74

Average time on market

Investment overview

Median asking price

£263K

Average £267K, range £105K to £650K

Gross yield

5.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.3%
5 yr+3.4%
10 yr+4.9%

% a year, annualised over each horizon

Market heat

Warm

74 days average time on market

Median asking rent

£1,200/mo

Of 10 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

100

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

Median asking price

£263K

Asking price range

£105K to £650K

Homes analysed

10,921

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.5%

  • Indicative gross yield of 5.5% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£263K

  • Moderate entry price (£263K)
  • 23% 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
  • 74 days average time on market
  • Long-run growth of +4.9% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 90 in B27.