Postcode district

SA62

112 for-sale listings7 to-let listingsWarm market

Median asking price

£350K

Across 112 for-sale listings

Growth, 3 years

+0.0%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

128

Average time on market

Investment overview

Median asking price

£350K

Average £369K, range £40K to £1.4M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.0%
5 yr+3.2%
10 yr+4.5%

% a year, annualised over each horizon

Market heat

Warm

128 days average time on market

Median asking rent

£950/mo

Of 7 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

119

For sale and to let. Excludes 25 that are not homes or not monthly rents

Median asking price

£350K

Asking price range

£40K to £1.4M

Homes analysed

11,438

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £950 a month

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.0% a year

  • Prices moving +0.0% a year over 3 years raises resale risk
  • Slow exits: 128 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 112 in SA62.