Postcode district

BL9

140 for-sale listings21 to-let listingsWarm market

Median asking price

£300K

Across 140 for-sale listings

Growth, 3 years

+7.2%

A year, annualised

Gross yield

4.0%

Indicative, from listing medians

Days on market

67

Average time on market

Investment overview

Median asking price

£300K

Average £309K, range £110K to £1.3M

Gross yield

4.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+7.2%
5 yr+5.3%
10 yr+5.3%

% a year, annualised over each horizon

Market heat

Warm

67 days average time on market

Median asking rent

£995/mo

Of 21 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

161

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

Median asking price

£300K

Asking price range

£110K to £1.3M

Homes analysed

23,470

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.0%

  • Moderate indicative gross yield of 4.0%
  • Median asking rent £995 a month

HMO

Moderate

Median asking price

£300K

  • Moderate entry price (£300K)
  • 18% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+7.2% a year

  • Prices rising +7.2% a year over 3 years
  • 67 days average time on market
  • Long-run growth of +5.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 140 in BL9.