Postcode district

TS4

44 for-sale listings9 to-let listingsCool market

Median asking price

£123K

Across 44 for-sale listings

Growth, 3 years

-3.6%

A year, annualised

Gross yield

7.3%

Indicative, from listing medians

Days on market

106

Average time on market

Investment overview

Median asking price

£123K

Average £140K, range £55K to £329K

Gross yield

7.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-3.6%
5 yr+0.7%
10 yr-0.7%

% a year, annualised over each horizon

Market heat

Cool

106 days average time on market

Median asking rent

£750/mo

Of 9 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

53

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

Median asking price

£123K

Asking price range

£55K to £329K

Homes analysed

9,115

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

7.3%

  • Indicative gross yield of 7.3% from listing medians
  • Median asking rent £750 a month

HMO

Strong

Median asking price

£123K

  • Low entry price (£123K) keeps conversion costs viable
  • 19% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-3.6% a year

  • Prices moving -3.6% a year over 3 years raises resale risk
  • Slow exits: 106 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 44 in TS4.