Postcode district

OL8

64 for-sale listings8 to-let listingsWarm market

Median asking price

£230K

Across 64 for-sale listings

Growth, 3 years

+8.2%

A year, annualised

Gross yield

6.7%

Indicative, from listing medians

Days on market

91

Average time on market

Investment overview

Median asking price

£230K

Average £257K, range £90K to £725K

Gross yield

6.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+8.2%
5 yr+8.4%
10 yr+7.5%

% a year, annualised over each horizon

Market heat

Warm

91 days average time on market

Median asking rent

£1,275/mo

Of 8 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

72

For sale and to let

Median asking price

£230K

Asking price range

£90K to £725K

Homes analysed

16,995

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.7%

  • Indicative gross yield of 6.7% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£230K

  • Moderate entry price (£230K)
  • 18% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+8.2% a year

  • Prices rising +8.2% a year over 3 years
  • Slow exits: 91 days average time on market
  • Long-run growth of +7.5% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 64 in OL8.