Postcode district

BN15

248 for-sale listings12 to-let listingsWarm market

Median asking price

£375K

Across 248 for-sale listings

Growth, 3 years

-0.7%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£375K

Average £408K, range £23K to £1.8M

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.7%
5 yr+2.8%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£1,488/mo

Of 12 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

260

For sale and to let. Excludes 9 that are not homes or not monthly rents

Median asking price

£375K

Asking price range

£23K to £1.8M

Homes analysed

13,385

Behind the growth and area averages

For-sale listings equal 1.9% 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

Weak

Median asking price

£375K

  • High entry price (£375K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-0.7% a year

  • Prices moving -0.7% a year over 3 years raises resale risk
  • Slow exits: 92 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 248 in BN15.