Postcode district

SO40

148 for-sale listings7 to-let listingsWarm market

Median asking price

£395K

Across 148 for-sale listings

Growth, 3 years

+1.0%

A year, annualised

Gross yield

5.0%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£395K

Average £415K, range £100K to £1.3M

Gross yield

5.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.0%
5 yr+2.1%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£1,650/mo

Of 7 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

155

For sale and to let. Excludes 8 that are not homes or not monthly rents

Median asking price

£395K

Asking price range

£100K to £1.3M

Homes analysed

18,209

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.0%

  • Indicative gross yield of 5.0% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£395K

  • High entry price (£395K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.0% a year

  • Prices rising +1.0% a year over 3 years
  • 88 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 148 in SO40.