Postcode district

SK12

58 for-sale listings8 to-let listingsWarm market

Median asking price

£495K

Across 58 for-sale listings

Growth, 3 years

+5.7%

A year, annualised

Gross yield

2.8%

Indicative, from listing medians

Days on market

97

Average time on market

Investment overview

Median asking price

£495K

Average £586K, range £50K to £2.9M

Gross yield

2.8%

Weak

Indicative gross yield from listing medians

Price growth

3 yr+5.7%
5 yr+5.4%
10 yr+5.8%

% a year, annualised over each horizon

Market heat

Warm

97 days average time on market

Median asking rent

£1,175/mo

Of 8 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

66

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

Median asking price

£495K

Asking price range

£50K to £2.9M

Homes analysed

9,149

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.8%

  • Low indicative gross yield of 2.8% limits rental returns
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£495K

  • High entry price (£495K) squeezes HMO returns
  • 8% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+5.7% a year

  • Prices rising +5.7% a year over 3 years
  • Slow exits: 97 days average time on market
  • Long-run growth of +5.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 58 in SK12.