Postcode district

SR8

141 for-sale listings21 to-let listingsWarm market

Median asking price

£95K

Across 141 for-sale listings

Growth, 3 years

+4.5%

A year, annualised

Gross yield

7.6%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£95K

Average £137K, range £30K to £545K

Gross yield

7.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+4.5%
5 yr+2.5%
10 yr+2.1%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£600/mo

Of 21 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

162

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£95K

Asking price range

£30K to £545K

Homes analysed

17,532

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

7.6%

  • Indicative gross yield of 7.6% from listing medians
  • Median asking rent £600 a month

HMO

Strong

Median asking price

£95K

  • Low entry price (£95K) keeps conversion costs viable
  • 17% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+4.5% a year

  • Prices rising +4.5% a year over 3 years
  • 90 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 141 in SR8.