Postcode district

M12

23 for-sale listings12 to-let listingsWarm market

Median asking price

£260K

Across 23 for-sale listings

Growth, 3 years

+2.5%

A year, annualised

Gross yield

5.5%

Indicative, from listing medians

Days on market

51

Average time on market

Investment overview

Median asking price

£260K

Average £274K, range £165K to £455K

Gross yield

5.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.5%
5 yr+5.0%
10 yr+4.4%

% a year, annualised over each horizon

Market heat

Warm

51 days average time on market

Median asking rent

£1,198/mo

Of 12 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

35

For sale and to let

Median asking price

£260K

Asking price range

£165K to £455K

Homes analysed

7,439

Behind the growth and area averages

For-sale listings equal 0.3% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.5%

  • Indicative gross yield of 5.5% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£260K

  • Moderate entry price (£260K)
  • 23% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+2.5% a year

  • Prices rising +2.5% a year over 3 years
  • 51 days average time on market
  • Long-run growth of +4.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 23 in M12.