Postcode district

SR4

96 for-sale listings22 to-let listingsWarm market

Median asking price

£130K

Across 96 for-sale listings

Growth, 3 years

+3.9%

A year, annualised

Gross yield

6.7%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£130K

Average £155K, range £49K to £530K

Gross yield

6.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.9%
5 yr+3.7%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£725/mo

Of 22 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

118

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£130K

Asking price range

£49K to £530K

Homes analysed

19,512

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.7%

  • Indicative gross yield of 6.7% from listing medians
  • Median asking rent £725 a month

HMO

Strong

Median asking price

£130K

  • Low entry price (£130K) keeps conversion costs viable
  • 16% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.9% a year

  • Prices rising +3.9% a year over 3 years
  • 90 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 96 in SR4.