Postcode district

M8

75 for-sale listings23 to-let listingsWarm market

Median asking price

£255K

Across 75 for-sale listings

Growth, 3 years

+0.5%

A year, annualised

Gross yield

6.1%

Indicative, from listing medians

Days on market

106

Average time on market

Investment overview

Median asking price

£255K

Average £286K, range £100K to £700K

Gross yield

6.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.5%
5 yr+2.4%
10 yr+5.8%

% a year, annualised over each horizon

Market heat

Warm

106 days average time on market

Median asking rent

£1,300/mo

Of 23 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

98

For sale and to let

Median asking price

£255K

Asking price range

£100K to £700K

Homes analysed

12,576

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.1%

  • Indicative gross yield of 6.1% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£255K

  • Moderate entry price (£255K)
  • 34% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

+0.5% a year

  • Prices moving +0.5% a year over 3 years raises resale risk
  • Slow exits: 106 days average time on market
  • Long-run growth of +5.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 75 in M8.