Postcode district

TS23

66 for-sale listings13 to-let listingsWarm market

Median asking price

£138K

Across 66 for-sale listings

Growth, 3 years

+2.3%

A year, annualised

Gross yield

6.1%

Indicative, from listing medians

Days on market

94

Average time on market

Investment overview

Median asking price

£138K

Average £164K, range £65K to £400K

Gross yield

6.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.3%
5 yr+2.6%
10 yr+2.9%

% a year, annualised over each horizon

Market heat

Warm

94 days average time on market

Median asking rent

£702/mo

Of 13 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

79

For sale and to let

Median asking price

£138K

Asking price range

£65K to £400K

Homes analysed

13,041

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.1%

  • Indicative gross yield of 6.1% from listing medians
  • Median asking rent £702 a month

HMO

Strong

Median asking price

£138K

  • Low entry price (£138K) keeps conversion costs viable
  • 16% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+2.3% a year

  • Prices rising +2.3% a year over 3 years
  • Slow exits: 94 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 66 in TS23.