Postcode district

BL4

99 for-sale listings21 to-let listingsWarm market

Median asking price

£190K

Across 99 for-sale listings

Growth, 3 years

+4.3%

A year, annualised

Gross yield

5.7%

Indicative, from listing medians

Days on market

77

Average time on market

Investment overview

Median asking price

£190K

Average £201K, range £31K to £450K

Gross yield

5.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+4.3%
5 yr+5.7%
10 yr+6.9%

% a year, annualised over each horizon

Market heat

Warm

77 days average time on market

Median asking rent

£895/mo

Of 21 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

120

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£190K

Asking price range

£31K to £450K

Homes analysed

15,757

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.7%

  • Indicative gross yield of 5.7% from listing medians
  • Median asking rent £895 a month

HMO

Strong

Median asking price

£190K

  • Low entry price (£190K) keeps conversion costs viable
  • 15% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+4.3% a year

  • Prices rising +4.3% a year over 3 years
  • 77 days average time on market
  • Long-run growth of +6.9% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 99 in BL4.