Postcode district

S3

51 for-sale listings94 to-let listingsWarm market

Median asking price

£125K

Across 51 for-sale listings

Growth, 3 years

-6.6%

A year, annualised

Gross yield

7.7%

Indicative, from listing medians

Days on market

60

Average time on market

Investment overview

Median asking price

£125K

Average £148K, range £30K to £535K

Gross yield

7.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-6.6%
5 yr+1.3%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

60 days average time on market

Median asking rent

£800/mo

Of 94 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

145

For sale and to let

Median asking price

£125K

Asking price range

£30K to £535K

Homes analysed

17,086

Behind the growth and area averages

For-sale listings equal 0.3% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

7.7%

  • Indicative gross yield of 7.7% from listing medians
  • Median asking rent £800 a month

HMO

Strong

Median asking price

£125K

  • Low entry price (£125K) keeps conversion costs viable
  • 55% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-6.6% a year

  • Prices moving -6.6% a year over 3 years raises resale risk
  • 60 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 51 in S3.