Postcode district

SR1

19 for-sale listings60 to-let listingsWarm market

Median asking price

£75K

Across 19 for-sale listings

Growth, 3 years

-9.9%

A year, annualised

Gross yield

10.2%

Indicative, from listing medians

Days on market

110

Average time on market

Investment overview

Median asking price

£75K

Average £89K, range £40K to £190K

Gross yield

10.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-9.9%
5 yr-0.2%
10 yr+1.5%

% a year, annualised over each horizon

Market heat

Warm

110 days average time on market

Median asking rent

£638/mo

Of 60 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

79

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

Median asking price

£75K

Asking price range

£40K to £190K

Homes analysed

3,922

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

10.2%

  • Indicative gross yield of 10.2% from listing medians
  • Median asking rent £638 a month

HMO

Strong

Median asking price

£75K

  • Low entry price (£75K) keeps conversion costs viable
  • 29% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-9.9% a year

  • Prices moving -9.9% a year over 3 years raises resale risk
  • Slow exits: 110 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 19 in SR1.