Postcode district

M3

350 for-sale listings71 to-let listingsCool market

Median asking price

£240K

Across 350 for-sale listings

Growth, 3 years

+6.3%

A year, annualised

Gross yield

7.2%

Indicative, from listing medians

Days on market

142

Average time on market

Investment overview

Median asking price

£240K

Average £280K, range £30K to £1.9M

Gross yield

7.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+6.3%
5 yr+3.4%
10 yr+6.0%

% a year, annualised over each horizon

Market heat

Cool

142 days average time on market

Median asking rent

£1,450/mo

Of 71 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

421

For sale and to let

Median asking price

£240K

Asking price range

£30K to £1.9M

Homes analysed

16,577

Behind the growth and area averages

For-sale listings equal 2.1% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

7.2%

  • Indicative gross yield of 7.2% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£240K

  • Moderate entry price (£240K)
  • 63% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+6.3% a year

  • Prices rising +6.3% a year over 3 years
  • Slow exits: 142 days average time on market
  • Long-run growth of +6.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 350 in M3.