Postcode district

B74

104 for-sale listings23 to-let listingsWarm market

Median asking price

£463K

Across 104 for-sale listings

Growth, 3 years

+0.4%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£463K

Average £642K, range £70K to £4.5M

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.4%
5 yr+0.5%
10 yr+3.4%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£1,900/mo

Of 23 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

127

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£463K

Asking price range

£70K to £4.5M

Homes analysed

13,997

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£463K

  • High entry price (£463K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.4% a year

  • Prices moving +0.4% a year over 3 years raises resale risk
  • Slow exits: 92 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 104 in B74.