Postcode district

M29

71 for-sale listings11 to-let listingsWarm market

Median asking price

£293K

Across 71 for-sale listings

Growth, 3 years

+2.0%

A year, annualised

Gross yield

5.5%

Indicative, from listing medians

Days on market

86

Average time on market

Investment overview

Median asking price

£293K

Average £346K, range £100K to £1.1M

Gross yield

5.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.0%
5 yr+5.1%
10 yr+5.2%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£1,350/mo

Of 11 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

82

For sale and to let

Median asking price

£293K

Asking price range

£100K to £1.1M

Homes analysed

10,884

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.5%

  • Indicative gross yield of 5.5% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£293K

  • Moderate entry price (£293K)
  • 12% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+2.0% a year

  • Prices rising +2.0% a year over 3 years
  • 86 days average time on market
  • Long-run growth of +5.2% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 71 in M29.