Postcode district

M28

180 for-sale listings31 to-let listingsWarm market

Median asking price

£340K

Across 180 for-sale listings

Growth, 3 years

-1.8%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

67

Average time on market

Investment overview

Median asking price

£340K

Average £425K, range £85K to £1.8M

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.8%
5 yr+2.0%
10 yr+4.4%

% a year, annualised over each horizon

Market heat

Warm

67 days average time on market

Median asking rent

£1,400/mo

Of 31 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

211

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£340K

Asking price range

£85K to £1.8M

Homes analysed

20,341

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

£340K

  • Moderate entry price (£340K)
  • 14% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-1.8% a year

  • Prices moving -1.8% a year over 3 years raises resale risk
  • 67 days average time on market
  • Long-run growth of +4.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 180 in M28.