Postcode district

M17

14 for-sale listings11 to-let listingsCool market

Median asking price

£215K

Across 14 for-sale listings

Growth, 3 years

-6.8%

A year, annualised

Gross yield

6.1%

Indicative, from listing medians

Days on market

140

Average time on market

Investment overview

Median asking price

£215K

Average £210K, range £170K to £250K

Gross yield

6.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-6.8%
5 yr-0.3%
10 yr-13.1%

% a year, annualised over each horizon

Market heat

Cool

140 days average time on market

Median asking rent

£1,100/mo

Of 11 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

25

For sale and to let

Median asking price

£215K

Asking price range

£170K to £250K

Homes analysed

357

Behind the growth and area averages

For-sale listings equal 3.9% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.1%

  • Indicative gross yield of 6.1% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£215K

  • Moderate entry price (£215K)
  • 9% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-6.8% a year

  • Prices moving -6.8% a year over 3 years raises resale risk
  • Slow exits: 140 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 14 in M17.