Postcode district

B4

76 for-sale listings60 to-let listingsWarm market

Median asking price

£260K

Across 76 for-sale listings

Growth, 3 years

-7.6%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

83

Average time on market

Investment overview

Median asking price

£260K

Average £280K, range £100K to £540K

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-7.6%
5 yr+2.8%
10 yr+8.4%

% a year, annualised over each horizon

Market heat

Warm

83 days average time on market

Median asking rent

£1,100/mo

Of 60 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

136

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

Median asking price

£260K

Asking price range

£100K to £540K

Homes analysed

6,702

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£260K

  • Moderate entry price (£260K)
  • 57% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-7.6% a year

  • Prices moving -7.6% a year over 3 years raises resale risk
  • 83 days average time on market
  • Long-run growth of +8.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 76 in B4.