Postcode district

OL1

36 for-sale listings10 to-let listingsWarm market

Median asking price

£273K

Across 36 for-sale listings

Growth, 3 years

+10.0%

A year, annualised

Gross yield

2.9%

Indicative, from listing medians

Days on market

100

Average time on market

Investment overview

Median asking price

£273K

Average £329K, range £80K to £1.0M

Gross yield

2.9%

Weak

Indicative gross yield from listing medians

Price growth

3 yr+10.0%
5 yr+7.5%
10 yr+8.1%

% a year, annualised over each horizon

Market heat

Warm

100 days average time on market

Median asking rent

£662/mo

Of 10 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

46

For sale and to let

Median asking price

£273K

Asking price range

£80K to £1.0M

Homes analysed

10,215

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.9%

  • Low indicative gross yield of 2.9% limits rental returns
  • Median asking rent £662 a month

HMO

Moderate

Median asking price

£273K

  • Moderate entry price (£273K)
  • 17% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+10.0% a year

  • Prices rising +10.0% a year over 3 years
  • Slow exits: 100 days average time on market
  • Long-run growth of +8.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 36 in OL1.