Postcode district

GL56

43 for-sale listings4 to-let listingsCool market

Median asking price

£575K

Across 43 for-sale listings

Growth, 3 years

-0.4%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

113

Average time on market

Investment overview

Median asking price

£575K

Average £1.1M, range £200K to £5.7M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-0.4%
5 yr+2.6%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Cool

113 days average time on market

Median asking rent

£2,250/mo

Of 4 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

47

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

Median asking price

£575K

Asking price range

£200K to £5.7M

Homes analysed

5,972

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in GL56, too few for an indicative yield.

HMO

Weak

Median asking price

£575K

  • High entry price (£575K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.4% a year

  • Prices moving -0.4% a year over 3 years raises resale risk
  • Slow exits: 113 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 43 in GL56.