Postcode district

OL11

90 for-sale listings15 to-let listingsWarm market

Median asking price

£250K

Across 90 for-sale listings

Growth, 3 years

+5.1%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£250K

Average £337K, range £80K to £1.4M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+5.1%
5 yr+5.7%
10 yr+4.7%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£895/mo

Of 15 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

105

For sale and to let

Median asking price

£250K

Asking price range

£80K to £1.4M

Homes analysed

20,312

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £895 a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 16% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+5.1% a year

  • Prices rising +5.1% a year over 3 years
  • Slow exits: 92 days average time on market
  • Long-run growth of +4.7% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 90 in OL11.