Postcode district

B94

50 for-sale listings6 to-let listingsWarm market

Median asking price

£763K

Across 50 for-sale listings

Growth, 3 years

-2.9%

A year, annualised

Gross yield

2.5%

Indicative, from listing medians

Days on market

109

Average time on market

Investment overview

Median asking price

£763K

Average £901K, range £125K to £3.0M

Gross yield

2.5%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-2.9%
5 yr+0.8%
10 yr+4.4%

% a year, annualised over each horizon

Market heat

Warm

109 days average time on market

Median asking rent

£1,600/mo

Of 6 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

56

For sale and to let

Median asking price

£763K

Asking price range

£125K to £3.0M

Homes analysed

3,393

Behind the growth and area averages

For-sale listings equal 1.5% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.5%

  • Low indicative gross yield of 2.5% limits rental returns
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£763K

  • High entry price (£763K) squeezes HMO returns
  • 8% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.9% a year

  • Prices moving -2.9% a year over 3 years raises resale risk
  • Slow exits: 109 days average time on market
  • Long-run growth of +4.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 50 in B94.