Postcode district

BB9

98 for-sale listings35 to-let listingsWarm market

Median asking price

£175K

Across 98 for-sale listings

Growth, 3 years

+7.9%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

85

Average time on market

Investment overview

Median asking price

£175K

Average £230K, range £45K to £1.6M

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+7.9%
5 yr+4.3%
10 yr+6.5%

% a year, annualised over each horizon

Market heat

Warm

85 days average time on market

Median asking rent

£695/mo

Of 35 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

133

For sale and to let

Median asking price

£175K

Asking price range

£45K to £1.6M

Homes analysed

20,112

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £695 a month

HMO

Strong

Median asking price

£175K

  • Low entry price (£175K) keeps conversion costs viable
  • 23% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+7.9% a year

  • Prices rising +7.9% a year over 3 years
  • 85 days average time on market
  • Long-run growth of +6.5% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 98 in BB9.