Postcode district

S40

87 for-sale listings9 to-let listingsWarm market

Median asking price

£220K

Across 87 for-sale listings

Growth, 3 years

-0.8%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

72

Average time on market

Investment overview

Median asking price

£220K

Average £271K, range £80K to £2.3M

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.8%
5 yr+0.5%
10 yr+2.9%

% a year, annualised over each horizon

Market heat

Warm

72 days average time on market

Median asking rent

£775/mo

Of 9 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

96

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£220K

Asking price range

£80K to £2.3M

Homes analysed

18,060

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £775 a month

HMO

Moderate

Median asking price

£220K

  • Moderate entry price (£220K)
  • 15% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-0.8% a year

  • Prices moving -0.8% a year over 3 years raises resale risk
  • 72 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 87 in S40.