Postcode district

S61

59 for-sale listings6 to-let listingsWarm market

Median asking price

£180K

Across 59 for-sale listings

Growth, 3 years

+2.5%

A year, annualised

Gross yield

5.8%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£180K

Average £219K, range £80K to £540K

Gross yield

5.8%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.5%
5 yr+4.5%
10 yr+4.0%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£871/mo

Of 6 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

65

For sale and to let

Median asking price

£180K

Asking price range

£80K to £540K

Homes analysed

16,683

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.8%

  • Indicative gross yield of 5.8% from listing medians
  • Median asking rent £871 a month

HMO

Strong

Median asking price

£180K

  • Low entry price (£180K) keeps conversion costs viable
  • 12% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+2.5% a year

  • Prices rising +2.5% a year over 3 years
  • Slow exits: 92 days average time on market
  • Long-run growth of +4.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 59 in S61.