Postcode district

B42

81 for-sale listings13 to-let listingsWarm market

Median asking price

£240K

Across 81 for-sale listings

Growth, 3 years

+1.6%

A year, annualised

Gross yield

5.4%

Indicative, from listing medians

Days on market

94

Average time on market

Investment overview

Median asking price

£240K

Average £252K, range £80K to £700K

Gross yield

5.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.6%
5 yr+4.1%
10 yr+4.7%

% a year, annualised over each horizon

Market heat

Warm

94 days average time on market

Median asking rent

£1,075/mo

Of 13 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

94

For sale and to let

Median asking price

£240K

Asking price range

£80K to £700K

Homes analysed

11,279

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.4%

  • Indicative gross yield of 5.4% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£240K

  • Moderate entry price (£240K)
  • 21% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+1.6% a year

  • Prices rising +1.6% a year over 3 years
  • Slow exits: 94 days average time on market
  • Long-run growth of +4.7% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 81 in B42.