Postcode district

SM6

99 for-sale listings59 to-let listingsWarm market

Median asking price

£390K

Across 99 for-sale listings

Growth, 3 years

-0.3%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

60

Average time on market

Investment overview

Median asking price

£390K

Average £458K, range £130K to £1.3M

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.3%
5 yr+0.1%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

60 days average time on market

Median asking rent

£1,575/mo

Of 59 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

158

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

Median asking price

£390K

Asking price range

£130K to £1.3M

Homes analysed

17,531

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£390K

  • High entry price (£390K) squeezes HMO returns
  • 16% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-0.3% a year

  • Prices moving -0.3% a year over 3 years raises resale risk
  • 60 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 99 in SM6.