Postcode district

BN7

154 for-sale listings10 to-let listingsCool market

Median asking price

£550K

Across 154 for-sale listings

Growth, 3 years

-0.0%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

98

Average time on market

Investment overview

Median asking price

£550K

Average £673K, range £170K to £3.0M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.0%
5 yr+0.1%
10 yr+2.1%

% a year, annualised over each horizon

Market heat

Cool

98 days average time on market

Median asking rent

£1,525/mo

Of 10 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

164

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

Median asking price

£550K

Asking price range

£170K to £3.0M

Homes analysed

9,745

Behind the growth and area averages

For-sale listings equal 1.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£550K

  • High entry price (£550K) 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
  • Slow exits: 98 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 154 in BN7.