Postcode district

SM4

200 for-sale listings30 to-let listingsCool market

Median asking price

£525K

Across 200 for-sale listings

Growth, 3 years

+1.6%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

103

Average time on market

Investment overview

Median asking price

£525K

Average £508K, range £135K to £975K

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.6%
5 yr+1.7%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Cool

103 days average time on market

Median asking rent

£2,125/mo

Of 30 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

230

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

Median asking price

£525K

Asking price range

£135K to £975K

Homes analysed

14,745

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£525K

  • High entry price (£525K) squeezes HMO returns
  • 18% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+1.6% a year

  • Prices rising +1.6% a year over 3 years
  • Slow exits: 103 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 200 in SM4.