Postcode district

BN3

322 for-sale listings209 to-let listingsWarm market

Median asking price

£450K

Across 322 for-sale listings

Growth, 3 years

0.0%

A year, annualised

Gross yield

4.7%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£450K

Average £547K, range £150K to £2.5M

Gross yield

4.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr0.0%
5 yr+1.5%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£1,750/mo

Of 209 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

531

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

Median asking price

£450K

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

£450K

  • High entry price (£450K) squeezes HMO returns
  • 35% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

0.0% a year

  • Prices moving 0.0% a year over 3 years raises resale risk
  • 90 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 322 in BN3.