Postcode district

DA15

110 for-sale listings29 to-let listingsWarm market

Median asking price

£500K

Across 110 for-sale listings

Growth, 3 years

+0.6%

A year, annualised

Gross yield

4.0%

Indicative, from listing medians

Days on market

77

Average time on market

Investment overview

Median asking price

£500K

Average £536K, range £190K to £1.2M

Gross yield

4.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.6%
5 yr+1.8%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

77 days average time on market

Median asking rent

£1,650/mo

Of 29 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

139

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

Median asking price

£500K

Asking price range

£190K to £1.2M

Homes analysed

12,113

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.0%

  • Moderate indicative gross yield of 4.0%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£500K

  • High entry price (£500K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

+0.6% a year

  • Prices moving +0.6% a year over 3 years raises resale risk
  • 77 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 110 in DA15.