Postcode district

B31

155 for-sale listings22 to-let listingsWarm market

Median asking price

£270K

Across 155 for-sale listings

Growth, 3 years

+1.5%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

65

Average time on market

Investment overview

Median asking price

£270K

Average £302K, range £80K to £850K

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.5%
5 yr+3.4%
10 yr+4.2%

% a year, annualised over each horizon

Market heat

Warm

65 days average time on market

Median asking rent

£1,098/mo

Of 22 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

177

For sale and to let

Median asking price

£270K

Asking price range

£80K to £850K

Homes analysed

26,258

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£270K

  • Moderate entry price (£270K)
  • 13% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+1.5% a year

  • Prices rising +1.5% a year over 3 years
  • 65 days average time on market
  • Long-run growth of +4.2% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 155 in B31.