Postcode district

SA9

121 for-sale listings5 to-let listingsWarm market

Median asking price

£240K

Across 121 for-sale listings

Growth, 3 years

+0.3%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

95

Average time on market

Investment overview

Median asking price

£240K

Average £272K, range £65K to £750K

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.3%
5 yr+4.4%
10 yr+5.4%

% a year, annualised over each horizon

Market heat

Warm

95 days average time on market

Median asking rent

£825/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

126

For sale and to let. Excludes 14 that are not homes or not monthly rents

Median asking price

£240K

Asking price range

£65K to £750K

Homes analysed

7,439

Behind the growth and area averages

For-sale listings equal 1.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £825 a month

HMO

Moderate

Median asking price

£240K

  • Moderate entry price (£240K)
  • 9% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.3% a year

  • Prices moving +0.3% a year over 3 years raises resale risk
  • Slow exits: 95 days average time on market
  • Long-run growth of +5.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 121 in SA9.