Postcode district

M46

69 for-sale listings9 to-let listingsWarm market

Median asking price

£200K

Across 69 for-sale listings

Growth, 3 years

+4.4%

A year, annualised

Gross yield

5.4%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£200K

Average £260K, range £80K to £1.2M

Gross yield

5.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+4.4%
5 yr+5.2%
10 yr+5.2%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£895/mo

Of 9 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

78

For sale and to let

Median asking price

£200K

Asking price range

£80K to £1.2M

Homes analysed

11,209

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.4%

  • Indicative gross yield of 5.4% from listing medians
  • Median asking rent £895 a month

HMO

Moderate

Median asking price

£200K

  • Moderate entry price (£200K)
  • 15% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+4.4% a year

  • Prices rising +4.4% a year over 3 years
  • 80 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 69 in M46.