Postcode district

HG3

127 for-sale listings17 to-let listingsWarm market

Median asking price

£450K

Across 127 for-sale listings

Growth, 3 years

-3.4%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£450K

Average £565K, range £40K to £2.3M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.4%
5 yr-1.3%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£1,395/mo

Of 17 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

144

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£450K

Asking price range

£40K to £2.3M

Homes analysed

14,431

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.4% a year

  • Prices moving -3.4% a year over 3 years raises resale risk
  • 79 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 127 in HG3.