Postcode district

M23

57 for-sale listings6 to-let listingsWarm market

Median asking price

£275K

Across 57 for-sale listings

Growth, 3 years

+2.8%

A year, annualised

Gross yield

5.8%

Indicative, from listing medians

Days on market

77

Average time on market

Investment overview

Median asking price

£275K

Average £317K, range £110K to £775K

Gross yield

5.8%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.8%
5 yr+5.5%
10 yr+6.7%

% a year, annualised over each horizon

Market heat

Warm

77 days average time on market

Median asking rent

£1,322/mo

Of 6 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

63

For sale and to let

Median asking price

£275K

Asking price range

£110K to £775K

Homes analysed

14,954

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.8%

  • Indicative gross yield of 5.8% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£275K

  • Moderate entry price (£275K)
  • 13% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+2.8% a year

  • Prices rising +2.8% a year over 3 years
  • 77 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 57 in M23.