Postcode district

M41

80 for-sale listings9 to-let listingsWarm market

Median asking price

£372K

Across 80 for-sale listings

Growth, 3 years

+3.8%

A year, annualised

Gross yield

3.5%

Indicative, from listing medians

Days on market

91

Average time on market

Investment overview

Median asking price

£372K

Average £434K, range £135K to £1.2M

Gross yield

3.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.8%
5 yr+4.0%
10 yr+5.2%

% a year, annualised over each horizon

Market heat

Warm

91 days average time on market

Median asking rent

£1,100/mo

Of 9 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

89

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

Median asking price

£372K

Asking price range

£135K to £1.2M

Homes analysed

18,585

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

3.5%

  • Moderate indicative gross yield of 3.5%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£372K

  • High entry price (£372K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+3.8% a year

  • Prices rising +3.8% a year over 3 years
  • Slow exits: 91 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 80 in M41.