Postcode district

BH3

32 for-sale listings6 to-let listingsCool market

Median asking price

£850K

Across 32 for-sale listings

Growth, 3 years

-16.8%

A year, annualised

Gross yield

1.9%

Indicative, from listing medians

Days on market

103

Average time on market

Investment overview

Median asking price

£850K

Average £778K, range £200K to £1.6M

Gross yield

1.9%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-16.8%
5 yr-2.7%
10 yr+1.1%

% a year, annualised over each horizon

Market heat

Cool

103 days average time on market

Median asking rent

£1,375/mo

Of 6 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

38

For sale and to let

Median asking price

£850K

Asking price range

£200K to £1.6M

Homes analysed

2,449

Behind the growth and area averages

For-sale listings equal 1.3% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

1.9%

  • Low indicative gross yield of 1.9% limits rental returns
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£850K

  • High entry price (£850K) squeezes HMO returns
  • 35% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-16.8% a year

  • Prices moving -16.8% a year over 3 years raises resale risk
  • Slow exits: 103 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 32 in BH3.