Postcode district

BB5

241 for-sale listings35 to-let listingsWarm market

Median asking price

£150K

Across 241 for-sale listings

Growth, 3 years

+6.4%

A year, annualised

Gross yield

5.6%

Indicative, from listing medians

Days on market

86

Average time on market

Investment overview

Median asking price

£150K

Average £184K, range £55K to £675K

Gross yield

5.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+6.4%
5 yr+4.6%
10 yr+3.7%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£700/mo

Of 35 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

276

For sale and to let. Excludes 9 that are not homes or not monthly rents

Median asking price

£150K

Asking price range

£55K to £675K

Homes analysed

28,961

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.6%

  • Indicative gross yield of 5.6% from listing medians
  • Median asking rent £700 a month

HMO

Strong

Median asking price

£150K

  • Low entry price (£150K) keeps conversion costs viable
  • 21% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+6.4% a year

  • Prices rising +6.4% a year over 3 years
  • 86 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 241 in BB5.