Postcode district

HX1

61 for-sale listings20 to-let listingsWarm market

Median asking price

£130K

Across 61 for-sale listings

Growth, 3 years

+9.1%

A year, annualised

Gross yield

6.4%

Indicative, from listing medians

Days on market

104

Average time on market

Investment overview

Median asking price

£130K

Average £159K, range £37K to £800K

Gross yield

6.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+9.1%
5 yr+6.5%
10 yr+5.8%

% a year, annualised over each horizon

Market heat

Warm

104 days average time on market

Median asking rent

£698/mo

Of 20 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

81

For sale and to let

Median asking price

£130K

Asking price range

£37K to £800K

Homes analysed

11,106

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.4%

  • Indicative gross yield of 6.4% from listing medians
  • Median asking rent £698 a month

HMO

Strong

Median asking price

£130K

  • Low entry price (£130K) keeps conversion costs viable
  • 31% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+9.1% a year

  • Prices rising +9.1% a year over 3 years
  • Slow exits: 104 days average time on market
  • Long-run growth of +5.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 61 in HX1.