Postcode district

SA71

54 for-sale listings8 to-let listingsWarm market

Median asking price

£225K

Across 54 for-sale listings

Growth, 3 years

-0.1%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

98

Average time on market

Investment overview

Median asking price

£225K

Average £287K, range £85K to £1.5M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.1%
5 yr+2.1%
10 yr+1.8%

% a year, annualised over each horizon

Market heat

Warm

98 days average time on market

Median asking rent

£762/mo

Of 8 to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

62

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£225K

Asking price range

£85K to £1.5M

Homes analysed

5,461

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £762 a month

HMO

Moderate

Median asking price

£225K

  • Moderate entry price (£225K)
  • 12% of households rent privately
  • Most listings are bungalow

Flip

Weak

Growth, 3 years

-0.1% a year

  • Prices moving -0.1% a year over 3 years raises resale risk
  • Slow exits: 98 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 54 in SA71.