Postcode district

SA15

194 for-sale listings19 to-let listingsWarm market

Median asking price

£180K

Across 194 for-sale listings

Growth, 3 years

+3.6%

A year, annualised

Gross yield

5.7%

Indicative, from listing medians

Days on market

99

Average time on market

Investment overview

Median asking price

£180K

Average £228K, range £50K to £765K

Gross yield

5.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.6%
5 yr+4.2%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

99 days average time on market

Median asking rent

£850/mo

Of 19 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

213

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£180K

Asking price range

£50K to £765K

Homes analysed

17,358

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.7%

  • Indicative gross yield of 5.7% from listing medians
  • Median asking rent £850 a month

HMO

Strong

Median asking price

£180K

  • Low entry price (£180K) keeps conversion costs viable
  • 16% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.6% a year

  • Prices rising +3.6% a year over 3 years
  • Slow exits: 99 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 194 in SA15.