Postcode district

BS16

420 for-sale listings42 to-let listingsWarm market

Median asking price

£350K

Across 420 for-sale listings

Growth, 3 years

+1.0%

A year, annualised

Gross yield

5.6%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£350K

Average £382K, range £90K to £1.9M

Gross yield

5.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.0%
5 yr+2.5%
10 yr+3.8%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£1,638/mo

Of 42 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

462

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£350K

Asking price range

£90K to £1.9M

Homes analysed

42,663

Behind the growth and area averages

For-sale listings equal 1.0% 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

£350K

  • High entry price (£350K) squeezes HMO returns
  • 17% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

+1.0% a year

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

Recent listings

The 6 most recently updated for-sale listings, a sample of 420 in BS16.