Postcode district

WF3

179 for-sale listings6 to-let listingsWarm market

Median asking price

£270K

Across 179 for-sale listings

Growth, 3 years

-0.2%

A year, annualised

Gross yield

4.6%

Indicative, from listing medians

Days on market

74

Average time on market

Investment overview

Median asking price

£270K

Average £297K, range £85K to £900K

Gross yield

4.6%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.2%
5 yr+3.5%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Warm

74 days average time on market

Median asking rent

£1,038/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

185

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

Median asking price

£270K

Asking price range

£85K to £900K

Homes analysed

16,121

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.6%

  • Moderate indicative gross yield of 4.6%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£270K

  • Moderate entry price (£270K)
  • 11% 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
  • 74 days average time on market
  • Long-run growth of +4.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 179 in WF3.