Postcode district

M11

43 for-sale listings23 to-let listingsWarm market

Median asking price

£175K

Across 43 for-sale listings

Growth, 3 years

+2.4%

A year, annualised

Gross yield

7.5%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£175K

Average £205K, range £120K to £375K

Gross yield

7.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.4%
5 yr+3.1%
10 yr+5.0%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£1,100/mo

Of 23 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

66

For sale and to let

Median asking price

£175K

Asking price range

£120K to £375K

Homes analysed

10,789

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

7.5%

  • Indicative gross yield of 7.5% from listing medians
  • Median asking rent £1K a month

HMO

Strong

Median asking price

£175K

  • Low entry price (£175K) keeps conversion costs viable
  • 26% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+2.4% a year

  • Prices rising +2.4% a year over 3 years
  • 88 days average time on market
  • Long-run growth of +5.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 43 in M11.