Postcode district

HR8

79 for-sale listings6 to-let listingsWarm market

Median asking price

£385K

Across 79 for-sale listings

Growth, 3 years

-0.4%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

95

Average time on market

Investment overview

Median asking price

£385K

Average £492K, range £110K to £2.0M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.4%
5 yr+1.6%
10 yr+3.9%

% a year, annualised over each horizon

Market heat

Warm

95 days average time on market

Median asking rent

£1,052/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

85

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

Median asking price

£385K

Asking price range

£110K to £2.0M

Homes analysed

7,537

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£385K

  • High entry price (£385K) squeezes HMO returns
  • 17% 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: 95 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 79 in HR8.