Postcode district

B79

114 for-sale listings9 to-let listingsWarm market

Median asking price

£318K

Across 114 for-sale listings

Growth, 3 years

-2.4%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

99

Average time on market

Investment overview

Median asking price

£318K

Average £342K, range £150K to £750K

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.4%
5 yr+0.6%
10 yr+3.8%

% a year, annualised over each horizon

Market heat

Warm

99 days average time on market

Median asking rent

£1,100/mo

Of 9 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

£318K

Asking price range

£150K to £750K

Homes analysed

12,041

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£318K

  • Moderate entry price (£318K)
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.4% a year

  • Prices moving -2.4% a year over 3 years raises resale risk
  • Slow exits: 99 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 114 in B79.