Postcode district

SK9

122 for-sale listings41 to-let listingsWarm market

Median asking price

£499K

Across 122 for-sale listings

Growth, 3 years

-1.5%

A year, annualised

Gross yield

5.2%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£499K

Average £638K, range £110K to £3.0M

Gross yield

5.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.5%
5 yr+0.4%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£2,150/mo

Of 41 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

163

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£499K

Asking price range

£110K to £3.0M

Homes analysed

19,251

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.2%

  • Indicative gross yield of 5.2% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£499K

  • High entry price (£499K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.5% a year

  • Prices moving -1.5% a year over 3 years raises resale risk
  • Slow exits: 90 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 122 in SK9.