Postcode district

PO16

152 for-sale listings12 to-let listingsWarm market

Median asking price

£350K

Across 152 for-sale listings

Growth, 3 years

+1.1%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

84

Average time on market

Investment overview

Median asking price

£350K

Average £383K, range £120K to £1.1M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.1%
5 yr+2.6%
10 yr+3.7%

% a year, annualised over each horizon

Market heat

Warm

84 days average time on market

Median asking rent

£1,325/mo

Of 12 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

164

For sale and to let

Median asking price

£350K

Asking price range

£120K to £1.1M

Homes analysed

15,073

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+1.1% a year

  • Prices rising +1.1% a year over 3 years
  • 84 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 152 in PO16.