Postcode district

M5

345 for-sale listings63 to-let listingsWarm market

Median asking price

£250K

Across 345 for-sale listings

Growth, 3 years

+5.2%

A year, annualised

Gross yield

6.2%

Indicative, from listing medians

Days on market

93

Average time on market

Investment overview

Median asking price

£250K

Average £261K, range £100K to £550K

Gross yield

6.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+5.2%
5 yr+0.4%
10 yr+5.1%

% a year, annualised over each horizon

Market heat

Warm

93 days average time on market

Median asking rent

£1,300/mo

Of 63 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

408

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

Median asking price

£250K

Asking price range

£100K to £550K

Homes analysed

14,004

Behind the growth and area averages

For-sale listings equal 2.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.2%

  • Indicative gross yield of 6.2% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 49% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+5.2% a year

  • Prices rising +5.2% a year over 3 years
  • Slow exits: 93 days average time on market
  • Long-run growth of +5.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 345 in M5.