Postcode district

SK16

51 for-sale listings8 to-let listingsWarm market

Median asking price

£230K

Across 51 for-sale listings

Growth, 3 years

+3.5%

A year, annualised

Gross yield

5.0%

Indicative, from listing medians

Days on market

87

Average time on market

Investment overview

Median asking price

£230K

Average £246K, range £125K to £500K

Gross yield

5.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.5%
5 yr+4.0%
10 yr+6.4%

% a year, annualised over each horizon

Market heat

Warm

87 days average time on market

Median asking rent

£962/mo

Of 8 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

59

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£230K

Asking price range

£125K to £500K

Homes analysed

9,192

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.0%

  • Indicative gross yield of 5.0% from listing medians
  • Median asking rent £962 a month

HMO

Moderate

Median asking price

£230K

  • Moderate entry price (£230K)
  • 14% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.5% a year

  • Prices rising +3.5% a year over 3 years
  • 87 days average time on market
  • Long-run growth of +6.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 51 in SK16.