Postcode district

ME1

163 for-sale listings33 to-let listingsWarm market

Median asking price

£310K

Across 163 for-sale listings

Growth, 3 years

-1.6%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

76

Average time on market

Investment overview

Median asking price

£310K

Average £363K, range £75K to £900K

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.6%
5 yr+1.1%
10 yr+3.0%

% a year, annualised over each horizon

Market heat

Warm

76 days average time on market

Median asking rent

£1,050/mo

Of 33 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

196

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£310K

Asking price range

£75K to £900K

Homes analysed

15,983

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£310K

  • Moderate entry price (£310K)
  • 19% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-1.6% a year

  • Prices moving -1.6% a year over 3 years raises resale risk
  • 76 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 163 in ME1.