Postcode district

WA16

118 for-sale listings5 to-let listingsWarm market

Median asking price

£493K

Across 118 for-sale listings

Growth, 3 years

-1.1%

A year, annualised

Gross yield

2.3%

Indicative, from listing medians

Days on market

102

Average time on market

Investment overview

Median asking price

£493K

Average £687K, range £75K to £5.0M

Gross yield

2.3%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-1.1%
5 yr+2.8%
10 yr+3.6%

% a year, annualised over each horizon

Market heat

Warm

102 days average time on market

Median asking rent

£950/mo

Of 5 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

123

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£493K

Asking price range

£75K to £5.0M

Homes analysed

11,645

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.3%

  • Low indicative gross yield of 2.3% limits rental returns
  • Median asking rent £950 a month

HMO

Weak

Median asking price

£493K

  • High entry price (£493K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.1% a year

  • Prices moving -1.1% a year over 3 years raises resale risk
  • Slow exits: 102 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 118 in WA16.