Postcode district

WR2

128 for-sale listings9 to-let listingsWarm market

Median asking price

£350K

Across 128 for-sale listings

Growth, 3 years

-0.5%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£350K

Average £393K, range £90K to £1.4M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.5%
5 yr+2.0%
10 yr+3.8%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£975/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

137

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£350K

Asking price range

£90K to £1.4M

Homes analysed

15,368

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £975 a month

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.5% a year

  • Prices moving -0.5% a year over 3 years raises resale risk
  • 80 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 128 in WR2.