Postcode district

HU1

66 for-sale listings49 to-let listingsCool market

Median asking price

£110K

Across 66 for-sale listings

Growth, 3 years

-7.0%

A year, annualised

Gross yield

9.0%

Indicative, from listing medians

Days on market

129

Average time on market

Investment overview

Median asking price

£110K

Average £120K, range £35K to £280K

Gross yield

9.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-7.0%
5 yr-3.5%
10 yr+1.3%

% a year, annualised over each horizon

Market heat

Cool

129 days average time on market

Median asking rent

£825/mo

Of 49 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

115

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

Median asking price

£110K

Asking price range

£35K to £280K

Homes analysed

3,520

Behind the growth and area averages

For-sale listings equal 1.9% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

9.0%

  • Indicative gross yield of 9.0% from listing medians
  • Median asking rent £825 a month

HMO

Strong

Median asking price

£110K

  • Low entry price (£110K) keeps conversion costs viable
  • 46% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-7.0% a year

  • Prices moving -7.0% a year over 3 years raises resale risk
  • Slow exits: 129 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 66 in HU1.