Postcode district

BH7

61 for-sale listings9 to-let listingsWarm market

Median asking price

£475K

Across 61 for-sale listings

Growth, 3 years

+4.4%

A year, annualised

Gross yield

2.7%

Indicative, from listing medians

Days on market

84

Average time on market

Investment overview

Median asking price

£475K

Average £461K, range £70K to £980K

Gross yield

2.7%

Weak

Indicative gross yield from listing medians

Price growth

3 yr+4.4%
5 yr+3.9%
10 yr+5.8%

% a year, annualised over each horizon

Market heat

Warm

84 days average time on market

Median asking rent

£1,050/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

70

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

Median asking price

£475K

Asking price range

£70K to £980K

Homes analysed

5,354

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.7%

  • Low indicative gross yield of 2.7% limits rental returns
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£475K

  • High entry price (£475K) squeezes HMO returns
  • 24% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+4.4% a year

  • Prices rising +4.4% a year over 3 years
  • 84 days average time on market
  • Long-run growth of +5.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 61 in BH7.