Postcode district

SS1

200 for-sale listings44 to-let listingsWarm market

Median asking price

£400K

Across 200 for-sale listings

Growth, 3 years

+3.0%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

86

Average time on market

Investment overview

Median asking price

£400K

Average £478K, range £72K to £2.3M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.0%
5 yr+3.0%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£1,372/mo

Of 44 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

244

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£400K

Asking price range

£72K to £2.3M

Homes analysed

15,003

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 33% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+3.0% a year

  • Prices rising +3.0% a year over 3 years
  • 86 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 200 in SS1.