Postcode district

M9

97 for-sale listings38 to-let listingsWarm market

Median asking price

£210K

Across 97 for-sale listings

Growth, 3 years

+5.5%

A year, annualised

Gross yield

6.1%

Indicative, from listing medians

Days on market

83

Average time on market

Investment overview

Median asking price

£210K

Average £213K, range £89K to £470K

Gross yield

6.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+5.5%
5 yr+7.0%
10 yr+7.3%

% a year, annualised over each horizon

Market heat

Warm

83 days average time on market

Median asking rent

£1,062/mo

Of 38 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

135

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

Median asking price

£210K

Asking price range

£89K to £470K

Homes analysed

19,546

Behind the growth and area averages

For-sale listings equal 0.5% 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

£210K

  • Moderate entry price (£210K)
  • 21% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+5.5% a year

  • Prices rising +5.5% a year over 3 years
  • 83 days average time on market
  • Long-run growth of +7.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 97 in M9.