Postcode district

B46

90 for-sale listings5 to-let listingsWarm market

Median asking price

£400K

Across 90 for-sale listings

Growth, 3 years

+1.2%

A year, annualised

Gross yield

3.6%

Indicative, from listing medians

Days on market

97

Average time on market

Investment overview

Median asking price

£400K

Average £500K, range £105K to £2.5M

Gross yield

3.6%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.2%
5 yr+1.5%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

97 days average time on market

Median asking rent

£1,200/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

95

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

Median asking price

£400K

Asking price range

£105K to £2.5M

Homes analysed

5,962

Behind the growth and area averages

For-sale listings equal 1.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.6%

  • Moderate indicative gross yield of 3.6%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.2% a year

  • Prices rising +1.2% a year over 3 years
  • Slow exits: 97 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 90 in B46.