Postcode district

S2

96 for-sale listings41 to-let listingsWarm market

Median asking price

£168K

Across 96 for-sale listings

Growth, 3 years

+0.8%

A year, annualised

Gross yield

5.9%

Indicative, from listing medians

Days on market

73

Average time on market

Investment overview

Median asking price

£168K

Average £174K, range £39K to £670K

Gross yield

5.9%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.8%
5 yr+4.0%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

73 days average time on market

Median asking rent

£825/mo

Of 41 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

137

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

Median asking price

£168K

Asking price range

£39K to £670K

Homes analysed

26,516

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.9%

  • Indicative gross yield of 5.9% from listing medians
  • Median asking rent £825 a month

HMO

Strong

Median asking price

£168K

  • Low entry price (£168K) keeps conversion costs viable
  • 26% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

+0.8% a year

  • Prices moving +0.8% a year over 3 years raises resale risk
  • 73 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 96 in S2.