Postcode district

DA2

158 for-sale listings23 to-let listingsWarm market

Median asking price

£400K

Across 158 for-sale listings

Growth, 3 years

+1.2%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

93

Average time on market

Investment overview

Median asking price

£400K

Average £451K, range £75K to £1.8M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.2%
5 yr+2.0%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

93 days average time on market

Median asking rent

£1,500/mo

Of 23 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

181

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£400K

Asking price range

£75K to £1.8M

Homes analysed

10,050

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+1.2% a year

  • Prices rising +1.2% a year over 3 years
  • Slow exits: 93 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 158 in DA2.