Postcode district

TS3

63 for-sale listings22 to-let listingsCool market

Median asking price

£90K

Across 63 for-sale listings

Growth, 3 years

+1.6%

A year, annualised

Gross yield

8.7%

Indicative, from listing medians

Days on market

119

Average time on market

Investment overview

Median asking price

£90K

Average £93K, range £50K to £170K

Gross yield

8.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.6%
5 yr+3.2%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Cool

119 days average time on market

Median asking rent

£650/mo

Of 22 to-let listings

Most common type

Terraced

2 bedrooms on average

Market data

Listings

Summary

Homes listed

85

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

Median asking price

£90K

Asking price range

£50K to £170K

Homes analysed

13,691

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

8.7%

  • Indicative gross yield of 8.7% from listing medians
  • Median asking rent £650 a month

HMO

Strong

Median asking price

£90K

  • Low entry price (£90K) keeps conversion costs viable
  • 19% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+1.6% a year

  • Prices rising +1.6% a year over 3 years
  • Slow exits: 119 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 63 in TS3.