Postcode district

GL17

144 for-sale listings7 to-let listingsCool market

Median asking price

£300K

Across 144 for-sale listings

Growth, 3 years

-5.4%

A year, annualised

Gross yield

3.8%

Indicative, from listing medians

Days on market

125

Average time on market

Investment overview

Median asking price

£300K

Average £385K, range £79K to £1.5M

Gross yield

3.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-5.4%
5 yr+0.8%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Cool

125 days average time on market

Median asking rent

£950/mo

Of 7 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

151

For sale and to let. Excludes 7 that are not homes or not monthly rents

Median asking price

£300K

Asking price range

£79K to £1.5M

Homes analysed

5,528

Behind the growth and area averages

For-sale listings equal 2.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.8%

  • Moderate indicative gross yield of 3.8%
  • Median asking rent £950 a month

HMO

Moderate

Median asking price

£300K

  • Moderate entry price (£300K)
  • 8% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-5.4% a year

  • Prices moving -5.4% a year over 3 years raises resale risk
  • Slow exits: 125 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 144 in GL17.