Postcode district

GL2

152 for-sale listings33 to-let listingsWarm market

Median asking price

£330K

Across 152 for-sale listings

Growth, 3 years

-0.7%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

63

Average time on market

Investment overview

Median asking price

£330K

Average £349K, range £38K to £1.0M

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.7%
5 yr+2.7%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

63 days average time on market

Median asking rent

£1,350/mo

Of 33 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

185

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

Median asking price

£330K

Asking price range

£38K to £1.0M

Homes analysed

28,567

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£330K

  • Moderate entry price (£330K)
  • 15% 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
  • 63 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 152 in GL2.