Postcode district

PO1

146 for-sale listings71 to-let listingsWarm market

Median asking price

£225K

Across 146 for-sale listings

Growth, 3 years

-1.1%

A year, annualised

Gross yield

7.1%

Indicative, from listing medians

Days on market

78

Average time on market

Investment overview

Median asking price

£225K

Average £280K, range £85K to £1.7M

Gross yield

7.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.1%
5 yr+1.8%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

78 days average time on market

Median asking rent

£1,325/mo

Of 71 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

217

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£225K

Asking price range

£85K to £1.7M

Homes analysed

16,193

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

7.1%

  • Indicative gross yield of 7.1% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£225K

  • Moderate entry price (£225K)
  • 28% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.1% a year

  • Prices moving -1.1% a year over 3 years raises resale risk
  • 78 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 146 in PO1.