Postcode district

SA62

120 for-sale listings9 to-let listingsCool market

Median asking price

£350K

Across 120 for-sale listings

Growth, 3 years

-0.2%

A year, annualised

Gross yield

3.1%

Indicative, from listing medians

Days on market

139

Average time on market

Investment overview

Median asking price

£350K

Average £373K, range £40K to £1.4M

Gross yield

3.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.2%
5 yr+3.3%
10 yr+4.6%

% a year, annualised over each horizon

Market heat

Cool

139 days average time on market

Median asking rent

£900/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

129

For sale and to let. Excludes 30 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

3.1%

  • Moderate indicative gross yield of 3.1%
  • Median asking rent £900 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

-0.2% a year

  • Prices moving -0.2% a year over 3 years raises resale risk
  • Slow exits: 139 days average time on market
  • Long-run growth of +4.6% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 120 in SA62.