Postcode district

DA7

153 for-sale listings13 to-let listingsWarm market

Median asking price

£500K

Across 153 for-sale listings

Growth, 3 years

-0.7%

A year, annualised

Gross yield

4.0%

Indicative, from listing medians

Days on market

101

Average time on market

Investment overview

Median asking price

£500K

Average £497K, range £190K to £1.0M

Gross yield

4.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.7%
5 yr+0.9%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

101 days average time on market

Median asking rent

£1,650/mo

Of 13 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

166

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

Median asking price

£500K

Asking price range

£190K to £1.0M

Homes analysed

14,462

Behind the growth and area averages

For-sale listings equal 1.1% 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
  • 10% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-0.7% a year

  • Prices moving -0.7% a year over 3 years raises resale risk
  • Slow exits: 101 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 153 in DA7.