Postcode district

M40

92 for-sale listings25 to-let listingsWarm market

Median asking price

£245K

Across 92 for-sale listings

Growth, 3 years

+3.0%

A year, annualised

Gross yield

5.9%

Indicative, from listing medians

Days on market

73

Average time on market

Investment overview

Median asking price

£245K

Average £261K, range £80K to £475K

Gross yield

5.9%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.0%
5 yr+5.2%
10 yr+7.0%

% a year, annualised over each horizon

Market heat

Warm

73 days average time on market

Median asking rent

£1,200/mo

Of 25 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

117

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£245K

Asking price range

£80K to £475K

Homes analysed

20,839

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.9%

  • Indicative gross yield of 5.9% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£245K

  • Moderate entry price (£245K)
  • 19% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+3.0% a year

  • Prices rising +3.0% a year over 3 years
  • 73 days average time on market
  • Long-run growth of +7.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 92 in M40.