Postcode district

BN41

75 for-sale listings15 to-let listingsWarm market

Median asking price

£385K

Across 75 for-sale listings

Growth, 3 years

+0.0%

A year, annualised

Gross yield

5.6%

Indicative, from listing medians

Days on market

87

Average time on market

Investment overview

Median asking price

£385K

Average £392K, range £190K to £700K

Gross yield

5.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.0%
5 yr+1.9%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

87 days average time on market

Median asking rent

£1,800/mo

Of 15 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

90

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

Median asking price

£385K

Asking price range

£190K to £700K

Homes analysed

9,443

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.6%

  • Indicative gross yield of 5.6% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£385K

  • High entry price (£385K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

+0.0% a year

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

Recent listings

The 6 most recently updated for-sale listings, a sample of 75 in BN41.