Postcode district

B62

84 for-sale listings12 to-let listingsWarm market

Median asking price

£350K

Across 84 for-sale listings

Growth, 3 years

+1.5%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

107

Average time on market

Investment overview

Median asking price

£350K

Average £422K, range £105K to £1.5M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.5%
5 yr+2.3%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

107 days average time on market

Median asking rent

£1,250/mo

Of 12 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

96

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

Median asking price

£350K

Asking price range

£105K to £1.5M

Homes analysed

11,086

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.5% a year

  • Prices rising +1.5% a year over 3 years
  • Slow exits: 107 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 84 in B62.