Postcode district

TS5

87 for-sale listings16 to-let listingsCool market

Median asking price

£175K

Across 87 for-sale listings

Growth, 3 years

+5.6%

A year, annualised

Gross yield

5.3%

Indicative, from listing medians

Days on market

104

Average time on market

Investment overview

Median asking price

£175K

Average £182K, range £50K to £475K

Gross yield

5.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+5.6%
5 yr+3.9%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Cool

104 days average time on market

Median asking rent

£772/mo

Of 16 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

103

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

Median asking price

£175K

Asking price range

£50K to £475K

Homes analysed

18,147

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.3%

  • Indicative gross yield of 5.3% from listing medians
  • Median asking rent £772 a month

HMO

Strong

Median asking price

£175K

  • Low entry price (£175K) keeps conversion costs viable
  • 17% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+5.6% a year

  • Prices rising +5.6% a year over 3 years
  • Slow exits: 104 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 87 in TS5.