Postcode district

S9

41 for-sale listings12 to-let listingsCool market

Median asking price

£160K

Across 41 for-sale listings

Growth, 3 years

+2.5%

A year, annualised

Gross yield

6.2%

Indicative, from listing medians

Days on market

110

Average time on market

Investment overview

Median asking price

£160K

Average £183K, range £80K to £840K

Gross yield

6.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.5%
5 yr+4.6%
10 yr+4.5%

% a year, annualised over each horizon

Market heat

Cool

110 days average time on market

Median asking rent

£825/mo

Of 12 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

53

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£160K

Asking price range

£80K to £840K

Homes analysed

11,662

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.2%

  • Indicative gross yield of 6.2% from listing medians
  • Median asking rent £825 a month

HMO

Strong

Median asking price

£160K

  • Low entry price (£160K) keeps conversion costs viable
  • 18% 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: 110 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 41 in S9.