Postcode district

WF16

20 for-sale listings8 to-let listingsWarm market

Median asking price

£180K

Across 20 for-sale listings

Growth, 3 years

+3.7%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

87

Average time on market

Investment overview

Median asking price

£180K

Average £189K, range £60K to £650K

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.7%
5 yr+4.7%
10 yr+4.0%

% a year, annualised over each horizon

Market heat

Warm

87 days average time on market

Median asking rent

£675/mo

Of 8 to-let listings

Most common type

Semi detached

2 bedrooms on average

Market data

Listings

Summary

Homes listed

28

For sale and to let

Median asking price

£180K

Asking price range

£60K to £650K

Homes analysed

5,167

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £675 a month

HMO

Strong

Median asking price

£180K

  • Low entry price (£180K) keeps conversion costs viable
  • 17% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+3.7% a year

  • Prices rising +3.7% a year over 3 years
  • 87 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 20 in WF16.