Postcode district

BL7

91 for-sale listings9 to-let listingsWarm market

Median asking price

£325K

Across 91 for-sale listings

Growth, 3 years

+5.1%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

97

Average time on market

Investment overview

Median asking price

£325K

Average £466K, range £130K to £2.2M

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+5.1%
5 yr+3.0%
10 yr+4.9%

% a year, annualised over each horizon

Market heat

Warm

97 days average time on market

Median asking rent

£1,300/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

100

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

Median asking price

£325K

Asking price range

£130K to £2.2M

Homes analysed

7,109

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£325K

  • Moderate entry price (£325K)
  • 11% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+5.1% a year

  • Prices rising +5.1% a year over 3 years
  • Slow exits: 97 days average time on market
  • Long-run growth of +4.9% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 91 in BL7.