Postcode district

GL18

86 for-sale listings6 to-let listingsCool market

Median asking price

£368K

Across 86 for-sale listings

Growth, 3 years

-4.5%

A year, annualised

Gross yield

3.2%

Indicative, from listing medians

Days on market

114

Average time on market

Investment overview

Median asking price

£368K

Average £484K, range £128K to £3.5M

Gross yield

3.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-4.5%
5 yr-2.0%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Cool

114 days average time on market

Median asking rent

£972/mo

Of 6 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

92

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

Median asking price

£368K

Asking price range

£128K to £3.5M

Homes analysed

4,591

Behind the growth and area averages

For-sale listings equal 1.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.2%

  • Moderate indicative gross yield of 3.2%
  • Median asking rent £972 a month

HMO

Weak

Median asking price

£368K

  • High entry price (£368K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-4.5% a year

  • Prices moving -4.5% a year over 3 years raises resale risk
  • Slow exits: 114 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 86 in GL18.