Postcode district

B38

78 for-sale listings7 to-let listingsWarm market

Median asking price

£265K

Across 78 for-sale listings

Growth, 3 years

+4.5%

A year, annualised

Gross yield

6.1%

Indicative, from listing medians

Days on market

99

Average time on market

Investment overview

Median asking price

£265K

Average £331K, range £70K to £975K

Gross yield

6.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+4.5%
5 yr+2.1%
10 yr+4.0%

% a year, annualised over each horizon

Market heat

Warm

99 days average time on market

Median asking rent

£1,350/mo

Of 7 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

85

For sale and to let

Median asking price

£265K

Asking price range

£70K to £975K

Homes analysed

9,327

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.1%

  • Indicative gross yield of 6.1% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£265K

  • Moderate entry price (£265K)
  • 10% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+4.5% a year

  • Prices rising +4.5% a year over 3 years
  • Slow exits: 99 days average time on market
  • Long-run growth of +4.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 78 in B38.