Postcode district

B9

32 for-sale listings9 to-let listingsWarm market

Median asking price

£242K

Across 32 for-sale listings

Growth, 3 years

+0.7%

A year, annualised

Gross yield

6.7%

Indicative, from listing medians

Days on market

108

Average time on market

Investment overview

Median asking price

£242K

Average £261K, range £100K to £620K

Gross yield

6.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.7%
5 yr+4.2%
10 yr+5.7%

% a year, annualised over each horizon

Market heat

Warm

108 days average time on market

Median asking rent

£1,350/mo

Of 9 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

41

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

Median asking price

£242K

Asking price range

£100K to £620K

Homes analysed

7,878

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.7%

  • Indicative gross yield of 6.7% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£242K

  • Moderate entry price (£242K)
  • 24% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

+0.7% a year

  • Prices moving +0.7% a year over 3 years raises resale risk
  • Slow exits: 108 days average time on market
  • Long-run growth of +5.7% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 32 in B9.