Postcode district

B47

31 for-sale listings1 to-let listingsCool market

Median asking price

£435K

Across 31 for-sale listings

Growth, 3 years

-0.5%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

95

Average time on market

Investment overview

Median asking price

£435K

Average £453K, range £169K to £825K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-0.5%
5 yr+1.9%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Cool

95 days average time on market

Median asking rent

£1,400/mo

Of 1 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

32

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

Median asking price

£435K

Asking price range

£169K to £825K

Homes analysed

4,577

Behind the growth and area averages

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

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in B47, too few for an indicative yield.

HMO

Weak

Median asking price

£435K

  • High entry price (£435K) squeezes HMO returns
  • 6% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.5% a year

  • Prices moving -0.5% a year over 3 years raises resale risk
  • Slow exits: 95 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 31 in B47.