Postcode district

SO23

152 for-sale listings48 to-let listingsWarm market

Median asking price

£495K

Across 152 for-sale listings

Growth, 3 years

-3.1%

A year, annualised

Gross yield

3.5%

Indicative, from listing medians

Days on market

86

Average time on market

Investment overview

Median asking price

£495K

Average £615K, range £130K to £3.0M

Gross yield

3.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.1%
5 yr-1.1%
10 yr+1.9%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£1,462/mo

Of 48 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

200

For sale and to let

Median asking price

£495K

Asking price range

£130K to £3.0M

Homes analysed

11,698

Behind the growth and area averages

For-sale listings equal 1.3% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.5%

  • Moderate indicative gross yield of 3.5%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£495K

  • High entry price (£495K) squeezes HMO returns
  • 20% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-3.1% a year

  • Prices moving -3.1% a year over 3 years raises resale risk
  • 86 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 152 in SO23.