Postcode district

BB11

84 for-sale listings23 to-let listingsWarm market

Median asking price

£138K

Across 84 for-sale listings

Growth, 3 years

+9.8%

A year, annualised

Gross yield

5.2%

Indicative, from listing medians

Days on market

82

Average time on market

Investment overview

Median asking price

£138K

Average £178K, range £55K to £825K

Gross yield

5.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+9.8%
5 yr+8.1%
10 yr+4.9%

% a year, annualised over each horizon

Market heat

Warm

82 days average time on market

Median asking rent

£600/mo

Of 23 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

107

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£138K

Asking price range

£55K to £825K

Homes analysed

12,251

Behind the growth and area averages

For-sale listings equal 0.7% 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 £600 a month

HMO

Strong

Median asking price

£138K

  • Low entry price (£138K) keeps conversion costs viable
  • 25% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+9.8% a year

  • Prices rising +9.8% a year over 3 years
  • 82 days average time on market
  • Long-run growth of +4.9% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 84 in BB11.