Postcode district

B7

2 for-sale listings1 to-let listingsWarm market

Median asking price

£175K

Across 2 for-sale listings

Growth, 3 years

-4.5%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

82

Average time on market

Investment overview

Median asking price

£175K

Average £175K, range £125K to £225K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-4.5%
5 yr+3.4%
10 yr+2.5%

% a year, annualised over each horizon

Market heat

Warm

82 days average time on market

Median asking rent

£1,018/mo

Of 1 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

3

For sale and to let

Median asking price

£175K

Asking price range

£125K to £225K

Homes analysed

3,932

Behind the growth and area averages

For-sale listings equal 0.1% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in B7, too few for an indicative yield.

HMO

Strong

Median asking price

£175K

  • Low entry price (£175K) keeps conversion costs viable
  • 11% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-4.5% a year

  • Prices moving -4.5% a year over 3 years raises resale risk
  • 82 days average time on market

Recent listings

The 2 most recently updated for-sale listings, a sample of 2 in B7.