Postcode district

DE1

89 for-sale listings67 to-let listingsWarm market

Median asking price

£165K

Across 89 for-sale listings

Growth, 3 years

-1.9%

A year, annualised

Gross yield

6.5%

Indicative, from listing medians

Days on market

89

Average time on market

Investment overview

Median asking price

£165K

Average £171K, range £40K to £550K

Gross yield

6.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.9%
5 yr-0.0%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Warm

89 days average time on market

Median asking rent

£900/mo

Of 67 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

156

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

Median asking price

£165K

Asking price range

£40K to £550K

Homes analysed

14,298

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.5%

  • Indicative gross yield of 6.5% from listing medians
  • Median asking rent £900 a month

HMO

Strong

Median asking price

£165K

  • Low entry price (£165K) keeps conversion costs viable
  • 41% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.9% a year

  • Prices moving -1.9% a year over 3 years raises resale risk
  • 89 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 89 in DE1.