Postcode district

M6

129 for-sale listings155 to-let listingsWarm market

Median asking price

£250K

Across 129 for-sale listings

Growth, 3 years

-1.6%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

96

Average time on market

Investment overview

Median asking price

£250K

Average £268K, range £60K to £600K

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.6%
5 yr+4.8%
10 yr+6.0%

% a year, annualised over each horizon

Market heat

Warm

96 days average time on market

Median asking rent

£893/mo

Of 155 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

284

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

Median asking price

£250K

Asking price range

£60K to £600K

Homes analysed

17,899

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £893 a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 24% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.6% a year

  • Prices moving -1.6% a year over 3 years raises resale risk
  • Slow exits: 96 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 129 in M6.