Postcode district

SL0

123 for-sale listings23 to-let listingsCool market

Median asking price

£585K

Across 123 for-sale listings

Growth, 3 years

-0.1%

A year, annualised

Gross yield

2.9%

Indicative, from listing medians

Days on market

106

Average time on market

Investment overview

Median asking price

£585K

Average £724K, range £215K to £4.0M

Gross yield

2.9%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-0.1%
5 yr+1.4%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Cool

106 days average time on market

Median asking rent

£1,400/mo

Of 23 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

146

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

Median asking price

£585K

Asking price range

£215K to £4.0M

Homes analysed

4,924

Behind the growth and area averages

For-sale listings equal 2.5% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.9%

  • Low indicative gross yield of 2.9% limits rental returns
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£585K

  • High entry price (£585K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-0.1% a year

  • Prices moving -0.1% a year over 3 years raises resale risk
  • Slow exits: 106 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 123 in SL0.