Postcode district

B93

36 for-sale listings7 to-let listingsWarm market

Median asking price

£563K

Across 36 for-sale listings

Growth, 3 years

-0.4%

A year, annualised

Gross yield

5.2%

Indicative, from listing medians

Days on market

81

Average time on market

Investment overview

Median asking price

£563K

Average £909K, range £170K to £4.5M

Gross yield

5.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.4%
5 yr+2.9%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Warm

81 days average time on market

Median asking rent

£2,450/mo

Of 7 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

43

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£563K

Asking price range

£170K to £4.5M

Homes analysed

8,744

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.2%

  • Indicative gross yield of 5.2% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£563K

  • High entry price (£563K) 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
  • 81 days average time on market
  • Long-run growth of +4.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 36 in B93.