Postcode district

B76

110 for-sale listings13 to-let listingsWarm market

Median asking price

£375K

Across 110 for-sale listings

Growth, 3 years

+2.0%

A year, annualised

Gross yield

3.5%

Indicative, from listing medians

Days on market

86

Average time on market

Investment overview

Median asking price

£375K

Average £470K, range £120K to £2.9M

Gross yield

3.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+2.0%
5 yr+2.8%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£1,100/mo

Of 13 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

123

For sale and to let

Median asking price

£375K

Asking price range

£120K to £2.9M

Homes analysed

9,571

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.5%

  • Moderate indicative gross yield of 3.5%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£375K

  • High entry price (£375K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+2.0% a year

  • Prices rising +2.0% a year over 3 years
  • 86 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 110 in B76.