Postcode district

B45

136 for-sale listings8 to-let listingsWarm market

Median asking price

£315K

Across 136 for-sale listings

Growth, 3 years

-0.7%

A year, annualised

Gross yield

4.7%

Indicative, from listing medians

Days on market

68

Average time on market

Investment overview

Median asking price

£315K

Average £421K, range £50K to £1.9M

Gross yield

4.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.7%
5 yr+2.3%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

68 days average time on market

Median asking rent

£1,225/mo

Of 8 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

144

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£315K

Asking price range

£50K to £1.9M

Homes analysed

14,407

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.7%

  • Moderate indicative gross yield of 4.7%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£315K

  • Moderate entry price (£315K)
  • 11% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-0.7% a year

  • Prices moving -0.7% a year over 3 years raises resale risk
  • 68 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 136 in B45.