Postcode district

SO16

215 for-sale listings59 to-let listingsWarm market

Median asking price

£280K

Across 215 for-sale listings

Growth, 3 years

+1.9%

A year, annualised

Gross yield

5.8%

Indicative, from listing medians

Days on market

77

Average time on market

Investment overview

Median asking price

£280K

Average £329K, range £95K to £2.5M

Gross yield

5.8%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.9%
5 yr+2.8%
10 yr+3.8%

% a year, annualised over each horizon

Market heat

Warm

77 days average time on market

Median asking rent

£1,350/mo

Of 59 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

274

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£280K

Asking price range

£95K to £2.5M

Homes analysed

29,986

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.8%

  • Indicative gross yield of 5.8% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£280K

  • Moderate entry price (£280K)
  • 18% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+1.9% a year

  • Prices rising +1.9% a year over 3 years
  • 77 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 215 in SO16.