Postcode district

OL7

55 for-sale listings9 to-let listingsCool market

Median asking price

£250K

Across 55 for-sale listings

Growth, 3 years

+5.4%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

131

Average time on market

Investment overview

Median asking price

£250K

Average £278K, range £110K to £700K

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+5.4%
5 yr+5.3%
10 yr+6.2%

% a year, annualised over each horizon

Market heat

Cool

131 days average time on market

Median asking rent

£1,000/mo

Of 9 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

64

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

Median asking price

£250K

Asking price range

£110K to £700K

Homes analysed

8,027

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 18% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+5.4% a year

  • Prices rising +5.4% a year over 3 years
  • Slow exits: 131 days average time on market
  • Long-run growth of +6.2% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 55 in OL7.