Postcode district

S71

116 for-sale listings19 to-let listingsWarm market

Median asking price

£198K

Across 116 for-sale listings

Growth, 3 years

+4.3%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

95

Average time on market

Investment overview

Median asking price

£198K

Average £242K, range £80K to £850K

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+4.3%
5 yr+4.3%
10 yr+4.5%

% a year, annualised over each horizon

Market heat

Warm

95 days average time on market

Median asking rent

£795/mo

Of 19 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

135

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£198K

Asking price range

£80K to £850K

Homes analysed

22,442

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £795 a month

HMO

Strong

Median asking price

£198K

  • Low entry price (£198K) keeps conversion costs viable
  • 12% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+4.3% a year

  • Prices rising +4.3% a year over 3 years
  • Slow exits: 95 days average time on market
  • Long-run growth of +4.5% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 116 in S71.