Postcode district

FY7

166 for-sale listings11 to-let listingsWarm market

Median asking price

£175K

Across 166 for-sale listings

Growth, 3 years

+3.0%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

93

Average time on market

Investment overview

Median asking price

£175K

Average £190K, range £45K to £850K

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.0%
5 yr+2.4%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

93 days average time on market

Median asking rent

£750/mo

Of 11 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

177

For sale and to let

Median asking price

£175K

Asking price range

£45K to £850K

Homes analysed

12,910

Behind the growth and area averages

For-sale listings equal 1.3% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £750 a month

HMO

Strong

Median asking price

£175K

  • Low entry price (£175K) keeps conversion costs viable
  • 22% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.0% a year

  • Prices rising +3.0% 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 166 in FY7.