Postcode district

SK8

109 for-sale listings24 to-let listingsWarm market

Median asking price

£410K

Across 109 for-sale listings

Growth, 3 years

+0.5%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

82

Average time on market

Investment overview

Median asking price

£410K

Average £439K, range £150K to £1.3M

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.5%
5 yr+3.0%
10 yr+4.4%

% a year, annualised over each horizon

Market heat

Warm

82 days average time on market

Median asking rent

£1,750/mo

Of 24 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

133

For sale and to let

Median asking price

£410K

Asking price range

£150K to £1.3M

Homes analysed

26,481

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£410K

  • High entry price (£410K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

+0.5% a year

  • Prices moving +0.5% a year over 3 years raises resale risk
  • 82 days average time on market
  • Long-run growth of +4.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 109 in SK8.