Postcode district

BN3

287 for-sale listings145 to-let listingsWarm market

Median asking price

£430K

Across 287 for-sale listings

Growth, 3 years

-1.0%

A year, annualised

Gross yield

4.7%

Indicative, from listing medians

Days on market

86

Average time on market

Investment overview

Median asking price

£430K

Average £527K, range £150K to £2.5M

Gross yield

4.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.0%
5 yr+1.4%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£1,700/mo

Of 145 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

432

For sale and to let. Excludes 8 that are not homes or not monthly rents

Median asking price

£430K

Asking price range

£150K to £2.5M

Homes analysed

43,235

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.7%

  • Moderate indicative gross yield of 4.7%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£430K

  • High entry price (£430K) squeezes HMO returns
  • 35% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.0% a year

  • Prices moving -1.0% a year over 3 years raises resale risk
  • 86 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 287 in BN3.