Postcode district

WA4

164 for-sale listings18 to-let listingsWarm market

Median asking price

£400K

Across 164 for-sale listings

Growth, 3 years

-0.2%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£400K

Average £454K, range £100K to £1.6M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.2%
5 yr+2.4%
10 yr+4.2%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£1,088/mo

Of 18 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

182

For sale and to let

Median asking price

£400K

Asking price range

£100K to £1.6M

Homes analysed

23,719

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.2% a year

  • Prices moving -0.2% a year over 3 years raises resale risk
  • 79 days average time on market
  • Long-run growth of +4.2% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 164 in WA4.