Postcode district

GL6

187 for-sale listings9 to-let listingsWarm market

Median asking price

£525K

Across 187 for-sale listings

Growth, 3 years

-4.4%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

100

Average time on market

Investment overview

Median asking price

£525K

Average £619K, range £120K to £3.0M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-4.4%
5 yr-1.8%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

100 days average time on market

Median asking rent

£1,600/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

196

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£525K

Asking price range

£120K to £3.0M

Homes analysed

11,820

Behind the growth and area averages

For-sale listings equal 1.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£525K

  • High entry price (£525K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-4.4% a year

  • Prices moving -4.4% a year over 3 years raises resale risk
  • Slow exits: 100 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 187 in GL6.