Postcode district

BB2

154 for-sale listings34 to-let listingsWarm market

Median asking price

£250K

Across 154 for-sale listings

Growth, 3 years

+0.7%

A year, annualised

Gross yield

3.6%

Indicative, from listing medians

Days on market

65

Average time on market

Investment overview

Median asking price

£250K

Average £277K, range £60K to £1.5M

Gross yield

3.6%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.7%
5 yr+1.1%
10 yr+4.0%

% a year, annualised over each horizon

Market heat

Warm

65 days average time on market

Median asking rent

£750/mo

Of 34 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

188

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

Median asking price

£250K

Asking price range

£60K to £1.5M

Homes analysed

29,476

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.6%

  • Moderate indicative gross yield of 3.6%
  • Median asking rent £750 a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 17% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.7% a year

  • Prices moving +0.7% a year over 3 years raises resale risk
  • 65 days average time on market
  • Long-run growth of +4.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 154 in BB2.