Postcode district

M18

24 for-sale listings20 to-let listingsWarm market

Median asking price

£210K

Across 24 for-sale listings

Growth, 3 years

-0.6%

A year, annualised

Gross yield

6.0%

Indicative, from listing medians

Days on market

78

Average time on market

Investment overview

Median asking price

£210K

Average £239K, range £100K to £400K

Gross yield

6.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.6%
5 yr+4.5%
10 yr+7.7%

% a year, annualised over each horizon

Market heat

Warm

78 days average time on market

Median asking rent

£1,048/mo

Of 20 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

44

For sale and to let

Median asking price

£210K

Asking price range

£100K to £400K

Homes analysed

11,809

Behind the growth and area averages

For-sale listings equal 0.2% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.0%

  • Indicative gross yield of 6.0% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£210K

  • Moderate entry price (£210K)
  • 29% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-0.6% a year

  • Prices moving -0.6% a year over 3 years raises resale risk
  • 78 days average time on market
  • Long-run growth of +7.7% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 24 in M18.