Postcode district

M16

156 for-sale listings155 to-let listingsWarm market

Median asking price

£273K

Across 156 for-sale listings

Growth, 3 years

+15.6%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

57

Average time on market

Investment overview

Median asking price

£273K

Average £288K, range £70K to £820K

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+15.6%
5 yr+5.6%
10 yr+6.7%

% a year, annualised over each horizon

Market heat

Warm

57 days average time on market

Median asking rent

£1,115/mo

Of 155 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

311

For sale and to let

Median asking price

£273K

Asking price range

£70K to £820K

Homes analysed

17,518

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£273K

  • Moderate entry price (£273K)
  • 29% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+15.6% a year

  • Prices rising +15.6% a year over 3 years
  • 57 days average time on market
  • Long-run growth of +6.7% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 156 in M16.