Postcode district

TS24

103 for-sale listings13 to-let listingsCool market

Median asking price

£110K

Across 103 for-sale listings

Growth, 3 years

-5.5%

A year, annualised

Gross yield

6.0%

Indicative, from listing medians

Days on market

118

Average time on market

Investment overview

Median asking price

£110K

Average £140K, range £20K to £485K

Gross yield

6.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-5.5%
5 yr+0.5%
10 yr+1.7%

% a year, annualised over each horizon

Market heat

Cool

118 days average time on market

Median asking rent

£550/mo

Of 13 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

116

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

Median asking price

£110K

Asking price range

£20K to £485K

Homes analysed

11,701

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.0%

  • Indicative gross yield of 6.0% from listing medians
  • Median asking rent £550 a month

HMO

Strong

Median asking price

£110K

  • Low entry price (£110K) keeps conversion costs viable
  • 19% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-5.5% a year

  • Prices moving -5.5% a year over 3 years raises resale risk
  • Slow exits: 118 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 103 in TS24.