Postcode district

M15

209 for-sale listings143 to-let listingsWarm market

Median asking price

£255K

Across 209 for-sale listings

Growth, 3 years

-12.4%

A year, annualised

Gross yield

6.6%

Indicative, from listing medians

Days on market

109

Average time on market

Investment overview

Median asking price

£255K

Average £303K, range £90K to £2.6M

Gross yield

6.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-12.4%
5 yr-8.1%
10 yr+2.9%

% a year, annualised over each horizon

Market heat

Warm

109 days average time on market

Median asking rent

£1,400/mo

Of 143 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

352

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£255K

Asking price range

£90K to £2.6M

Homes analysed

25,631

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.6%

  • Indicative gross yield of 6.6% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£255K

  • Moderate entry price (£255K)
  • 53% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-12.4% a year

  • Prices moving -12.4% a year over 3 years raises resale risk
  • Slow exits: 109 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 209 in M15.